For those who can't afford $100,000 on an electric car, there are plenty of others on the market now, besides the Tesla S. Automakers, including Ford and BMW, will put eight new models of plug-in vehicles on U.S. roads this year. The timing seems perfect with the cost of gas on the rise once again.
But so far, sales of electric cars have fallen far short of expectations.
Sales of the Chevy Volt and Nissan Leaf drove off a cliff at the turn of the new year, falling by more than half. And that's despite the government rebates, savings from gas, and other incentives to get behind the wheel. But will the appetite for electric cars grow as more of them hit the road?
For more on why this is and what that means for the future of electric cars, we're joined now by Paul Eisenstein, publisher of TheDetroitBureau.com, a website that covers the automotive industry.