Business Services Industry
Park It and Plug It.
Kiplinger Business Forecasts, February, 2008
Byline: Jim Ostroff
Plug-ins -- autos with batteries that you can recharge nightly -- will likely hit showrooms in two years as manufacturers push to meet new mileage standards. The future plug-ins really are hybrids that average 80 to 100 miles per gallon of gasoline. But the new cars won't need gasoline for most daily commutes and errands. An overnight charge will keep cars running for up to 40 miles without having to tap the gas tank.
First cars off the line: General Motors' Chevy Volt and Saturn Vue Green Line. GM wants to quickly ramp up production to 100,000 plug-ins annually,and by 2015, grow it to a half million vehicles. Toyota also set 2010 as a rollout date for a plug-in Lexus. Others automakers are likely to follow suit.
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