Friday, December 26, 2014

Gas price plunge threatens fuel-cell and electric cars

For once, automakers have reason to fear cheap gasoline. High gas prices during the last decade drove interest in electric cars and fuel-cell vehicles, as did concern about global warming. But now gasoline prices have plunged to their lowest level since the Great Recession, averaging $2.50 nationwide for a gallon of regular. If gas prices stay low — granted, a very big “if” — one of the most powerful arguments for alternative-fuel cars will be wiped out...more

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