5 Companies That Will Survive the Electric Car Bust

DON'T MISS: EV-MOTORING.COM
DON'T MISS: Electric Vehicles NOW Being Served-Thanks Bubba

Washington DC June 12, 2009; The AIADA newsletter reported that the Business Insider said that the success of the electric vehicle market is still questionable due to two issues: Gas is still cheap and the projected sticker price for electrics will scare people away.

Those issues could be resolved in the next few years. Oil is expected to rise in price, along with it the price of gas. Also, over time, EV sticker prices should fall.

But even if those problems resolve themselves, there will still be another issue—there's a bunch of startups and traditional automakers building electric cars and plug-in hybrids. Every day it seems like there's a new electric car being announced by someone.

Only so many of these companies will make it to market and compete.

Business Insider has compiled the five it thinks have the best chance: Nissan, Toyota's plug-in Prius, GM's Volt, Tesla's Model S, and the Coda Sedan. Nissan has been working on its battery technology for over 15 years and expects to roll out electric cars in the next three years. Toyota's Prius is already a success and the company is now testing plug-in versions of the vehicle in countries around the world.

To read more about The Business Insider's analysis on the vehicles and brands it thinks have a shot in the electric vehicle market, click here.