Investment Opportunity: Electric Vehicles
The CEO and his team come from a long line of automotive successes with GM, Chrysler and Nissan, having launched some of the world’s most beloved (and most profitable) models over the last couple of decades. I’ve test driven this vehicle; it’s a unique design that is not long on frills, but extremely long on practicality.
Another interesting fact: as of late 2011, no more light-duty pick-up trucks will be made in the US, due to a wrinkle (an unintended consequence) of the new CAFÉ standards. This creates an even greater market advantage for these people.