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...Despite the dominance of hybrids, smaller automakers including start-ups like Tesla Motors in the U.S. and several Chinese car companies see EVs as a chance to gain ground on larger rivals, especially in an era of high fuel prices and a more environmentally conscious public. Fuji Heavy Industries, the maker of Subaru, announced on June 4 its rollout plans for its Stella EV, which has a sticker price of $48,000 and a range of 90 km. The company will begin delivering the vehicles around the same time as Mitsubishi (late July) and expects to produce about 170 units...
...road. Mitsubishi Motors on June 5 presented its zero-emissions i-MiEV - Japan's first fully electric vehicle (EV) for the global market. Production of the egg-shaped vehicle, which has a range of 99 miles (160 km) on a single charge, kicked off this week; fleet sales will start in Japan next month and the car is expected to reach U.S. buyers by the end of next year. Tooting its own horn, Mitsubishi is calling the new i-MiEV "a pioneer to open the door to the next 100 years...
...vehicle. "Think of a battery as part of the fuel of the car," says Richter. "When you buy a new car you don't buy 10,000 gallons of gasoline out of the dealer showroom. As purchasing terms are structured in a way that is acceptable for consumers, people start to notice the convenience...
...case, the future path of corporate profits should eventually determine whether the stock market will keep rising, whether companies will start hiring again, whether this recovery will feel like much of a recovery or not. And while Wall Street's analysts are all making (for the most part increasingly optimistic) estimates of what those profits will be, they really have no idea. That's because the mostly rising corporate profits of the past 35 years have been in large part the product of a long, long rise in indebtedness, especially consumer indebtedness...
...stuff is taken care of. At least I'm guessing. No, the advantages I'm thinking of are his 15-second commute to the office. And the fact that if the Obamas want to head out for the night, Michelle's mother Marian can watch the kids. (Before people start swooning over Obama's welcome embrace of his mother-in-law, remember: the dude lives in a 132-room house.) The advantage that matters most, of course, is the plane. Air Force One makes romantic evenings in Paris a lot more possible...