Nissan remodels the EV (electric vehicle ) Leaf by improving longer-driving range with a lower price in Minato Ward, Tokyo.
Big investments in lithium-ion battery manufacturing plants won't significantly reduce the cost of making batteries, a revised outlook that cautions that sustainable growth in electric vehicle sales will happen later rather than sooner.
For General Motors, that means the $40,000 Chevrolet Volt, a plug-in electric vehicle powered by a 435-pound lithium-ion battery pack, could stay expensive for years.
It also may limit the commercial potential of Tesla Motors, which sells luxury electric vehicles ranging from about $60,000 to more than $110,000. ...