Natural-Gas Highway vs. Electric-Vehicle Highwayhttp://www.fool.com/investing/general/2012/03/31/natural-gas-highway-vs-electric-vehicle-highway.aspx Travis Hoium
March 31, 2012
The race is on for the next generation of vehicle fuel in this country. Companies such as Clean Energy Fuels (Nasdaq: CLNE ) , General Electric (NYSE: GE ) , and Chesapeake Energy are pumping millions of dollars into building a natural-gas infrastructure that will navigate the country's highways. At the same time, AeroVironment (Nasdaq: AVAV ) , ChargePoint, and PlugShare are contributing to an ever-growing network of electric charging stations.
So which one will win, and which one is worth investing in? Let's look at the trends.
Electricity may be a little easier to hook up in some locations, but it isn't as if natural gas is going to have to build a new infrastructure to keep up. Slight advantage to the electric-vehicle highway on this one.
The passenger EV market has been full of disappointing sales for General Motors' Chevy Volt and Nissan's Leaf. But Tesla (Nasdaq: TSLA