Will anyone ever kill the gasoline car?
When I first posed this question to Fool readers four years ago, I had high hopes that a hybrid-electric car revolution was getting revved up. Last week, however, I stumbled across a statistic that got me to wondering whether I had jumped the gun: In China last year, Toyota Motors
Here in the U.S., where the government has flooded the auto industry with hundreds of millions of dollars of subsidies, the return on investment hasn't been quite that bleak -- but bleak enough. Last month, General Motors
So the two mass-market car producers that have products available for sale aren't exactly burning up the track. Yet already, rivals are queuing up to angle for their pieces of this all-too-small pie. Next year, Tesla
On the other hand, maybe more competition will be good for GM. More electric cars on the road means more incentive for companies like General Electric
Still, as things stand now, electric-car sales in the U.S. are lagging those of the Pontiac Aztek -- once voted the "No. 1 ugliest car of all time" and, more tellingly, the "34th worst invention of all time." Here's hoping electric cars don't wind up ranked at No. 33.
Monitor General Motors' progress in the race to build an electric-car future? Add GM to your Watchlist today.
Fool contributor Rich Smith does not own (or short) shares of any company named above. The Motley Fool owns shares of Ford. Motley Fool newsletter services have recommended buying shares of Ford and General Motors. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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