A quick follow up to Peak oil doom and gloom is that both the manufacturer of the no pizazz ZX40 electric wagon and the high pizazz Tesla, are both working on a more mainstream sedan. From opposite ends of the spectrum, they both recognize the mass market. Miles is working on the XS500 sedan targeting 120+ range with an 80mph top speed, while Tesla is holding there cards a bit closer.
We consciously chose to develop a high-end sports car as our first car in order to develop the “performance DNA” from which we could create other electric vehicles. Our next model will leverage the Tesla Roadster‘s technology, resulting in a less expensive sports sedan that we can sell at higher volume. Tesla Motors