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Are Electric Cars the Future?

Electric vehicles have been getting a lot of attention both internationally and here in the U.S., especially as more people look for ways to reduce energy costs and consumption. Gas prices are certainly not cheap in the states, but when you compare our prices to those in Norway, Germany or the UK, we pale in comparison. In an effort to save money and still get around by car, electric vehicles make perfect sense.

In the U.S., there are already 8,500 charging stations and 20,500 charging outlets. Even though this is a much smaller number than the 121,000 fuel stations in the country, electric vehicles have a smaller footprint.

So, will electric cars have a place in the future? Are they the future? Or will they be irrelevant?

It’s true that petroleum-based cars are gaining fuel efficiency in accordance with the EPA’s updated standards, and we’ll see many of these changes being included in new vehicles over the next decade. What’s going to be responsible for the spike in electric vehicle sales is that the limitations these vehicles once had are diminishing. Take a look at what a typical GEM car has to offer:

  • Up to 30 miles on one charge
  • Meets all federal safety requirements
  • Can be driven on public roads of 35 miles or less
  • Available at authorized GEM dealers across the U.S.
  • Models start at just $7,400
  • Unlimited options for customization, including safety features, lighting systems, soft doors and custom wheels
  • Federal income tax credits available
  • Powered by 72-volt systems
  • 2, 4 and 6 passenger models available

A recent report from MIT predicted that 25 years from now, electric vehicle sales could make up as much as 50 percent of automotive sales. The key is having a number of investments and subsidies from the federal and state governments, as well as a continued effort to push these vehicles. And, with the advantages they have to offer, it is likely that electric vehicles will grow in popularity.