Domestic electric car chargers should soon cost $1,000 as the big boys like Siemens, GE and Eaton get in on the act.
GE’s product called WattStation comes out in the summer. Sometime this year the ‘Siemens Charge’ is due.
The US government has put up $2.4 billion to develop an electric car industry and the China government has put up $15 billion.
Pike Research says the world market for chargers was only $69 million last year but will top $1 billion in a couple of years.
Incentivising electric car buyers are: GE’s plans to install 35,000 WattStations in the US; a US government subsidy of $7,500 per car; a further Californian subsidy of $5,000 per car.
Disincentives are: electric cars cost twice the equivalent petrol car; take eight hours to charge and have limited speeds and ranges.
Electric car models available for sale include Th!nk City, Nissan Leaf, REVAi, Mitsubishi iMiEV, Buddy, and the Tesla Roadster.
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