Tesla Beating California's Regulations
14/06/12 19:29 Filed in: Motley Fool Blog Network | Automotive
In 2011 approximately 18,000 electric vehicles were sold in the U.S. This number is up from just under 500 in 2010. With fuel costs continually rising and declining, then rising some more, more consumers are seeing the long-term value in electric cars. And though sales of these vehicles are picking up the numbers are still a far cry from what policy makers in heavily regulated states such as California are requiring. Honda (NYSE: HMC) sold fewer of its FCX Clarity sedans than it anticipated, leaving it far from reaching the targeted number. And this is from a company whose lineup ranks among the most fuel-efficient in the U.S.
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