Plug-in electrified cars failing to generate consumer demands

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With the US government ready to spend more than a billion dollars on the innovations & modifications in matters related to the battery technology, some of the automobile companies are starting to develop some new modern electric cars which can lower the climatic concerns raised due to the negative impact of burning oil in order to make the car move.

However the current verdicts of the companies on the status of the electric cars are not quiet convincing. It might me said that the performance of the cars did not lead up to the hyped expectations generated among the customers. There are other factors associated with the dismal status of these cars which include technological drawbacks, high costs & a stiff political environment. As a matter of fact the production of the plug in electric car Chevy Volt from the houses of General Motors has been stopped permanently on account of sales being extremely low. Also Nissan’s electric venture Leaf is struggling in the US market to find buyers. A number of companies providing the electric car batteries & start up electric vehicles have stopped their manufacture.

The market for the selling of the electric cars in the continental US is pretty small, which accounts for a sells of about 20,000 cars annually. This is extremely tiny as compared to the sales of 12.8 million light vehicles in total throughout the year. In a report generated by the officials of all the reputed companies & analysts, the electrified vehicles would account for a maximum of 5 % of the total vehicles to be sold by 2025.

Daniel F. Akerson, the chairman of the General Motors earlier this year have defended the Volt which was accused of generating fire after the federal crash test as the battery got malfunctioned & burned. There is however certain hybrid models or concept cars, the makers of which are proclaiming that they will not require any external charge. With the stakes being high the authorities have also kept a close look at the other propulsion technologies to provide the fuel such as the natural gas, fuel cells, etc.