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Could electric cars save the US auto industry?

Results so far:

Yes
56% 129 votes Total: 231 votes
No
44% 102 votes

by Rick Maltese

Created on: March 23, 2009

Get on the Bandwagon. Improve Business by Helping Consumers Fulfill Their Green Dreams.

"We can't solve problems by using the same kind of thinking we used when we created them." - Albert Einstein

The future that auto dealers face appears bleak if they choose to continue along the traditional path. Dealers need to look for new ideas in answering the big question:

"How far is the cooperation between car manufacturers and our nations growing need for energy independence going to go?"

And this begs the question: should auto dealers wait for the "Big 3" to provide the leadership to initiate change? The manufacturers are part of the problem since they have been slow to embrace change where it counts. Factors such as satisfying shareholders and keeping up with the pace to match the consumer wants and needs have been poorly implemented.

The relatively new model of the auto industry has moved toward service and zero percent financing. This trend has grown thin as viewed among those who have felt the credit crunch and wizened up about what is expected from a service contract. Is it a myth that Japanese vehicles outperform Ford, Chrysler and GM? Japanese car popularity is due to the belief that the cars outlast and surpass the traditional American and European cars. Three decades of consumer reports are testament to these "so-called" generalities. It could be argued that Japanese cars have become less reliable in more recent years. In other words the playing field has been leveling off. Investors would see this as a good thing. An idealist would be disappointed. The competition could be catching up. Let's hope.

Now with upstarts like ZENN Motor Company (ZMC) arriving on the market and if their ideas prove to be widely accepted then both Japan and the US and the whole capitalist system have to think twice before designing vehicles or anything that lasts. In traditional investment schemes "honesty" and "quality of life" have counted little as a motivating force behind profit making.

The producers of tomorrow need to ask whether they want to be a part of the revolution or continue to burden society with their half-hearted or deliberate production of low "shelf-life" products. Catherine Scrimgeour, Public Affairs Manager for ZMC said that partner EEStor is creating a "battery (supercapacitor) that outlives the vehicle."...and in addition "80% of the moving parts are no longer needed to run the vehicle." That seriously affects the traditional model of servicing.

ZMC also recognizes

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