The new deal: Electric Cars

An article I wrote a little while ago. It stills holds a lot of relevance till today and may well be a powerful field in the future.


Electric cars nesting their way into our lives?

The economy is slowly recovering from a recession. At the moment consumers are facing higher prices with the onset of higher inflation rates. With the Jasmine revolution and downturns in Japan’s economical condition, there is scarcity of oil in circulation, leading to a rise in prices. The cost-pull inflation effect is hitting car manufactures and leading to decline in sales, because of reduced aggregate demand.

Many auto companies are turning to what they indicate to be a huge sector in the making, and that is electric cars. Continue reading