From the Wall Street Journal:
"Electric vehicles have been with us for almost 180 years. The first, an electric carriage created by an inventor named Robert Anderson, made its appearance in Scotland in 1832."
"If you are looking for a car that makes good economic sense in these tough times, PEVs simply don't make the grade. Unless crude oil prices rise close to $300 per barrel and battery costs fall by 75%, a PEV is more expensive than a gasoline-powered vehicle."
See complete article here.