EV Range Anxiety May Be a Thing of the Past
When electric vehicles like General Motors' (NYSE: GM) Chevy Volt and the Nissan Leaf came on the scene about a decade ago, the biggest challenge for EVs was driving range. GM and others answered that question by including a gasoline motor, but in all-electric mode, there were few vehicles that offered over 100 miles of range as recently as five years ago.
Tesla (NASDAQ: TSLA) knew range was an issue and has always been an industry leader, pushing the range of the Model S past 200 and now 300 miles and easing fears even further with the nationwide Supercharger network. But if two recent developments are true, the range issue may be a thing of the past. Porsche says it is launching a super fast charging EV in 2019, and electric bus company Proterra traveled 1,100 miles on a single charge!
Image source: Tesla.
Source: Fool.com