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Coda's future lies not just in the U.S. Lishen told TIME it is in discussions with 20 Chinese electrical-vehicle manufacturers to supply power systems for their cars. And while much of the attention is on how American, Japanese or European customers will respond to electrics, Chinese drivers could push the technology fastest. Auto markets are shrinking or stagnant in most countries, while the Chinese car market is still growing rapidly, even in the midst of a recession. And Chinese customers may prove more receptive to electric vehicles than their international counterparts. For an American driver who has owned...

Author: /time Magazine | Title: Electric Cars: China's Power Play | 8/31/2009 | See Source »

...history of the electric car...

Author: /time Magazine | Title: Electric Cars: China's Power Play | 8/31/2009 | See Source »

...Cash for Clunkers" [Aug. 17]: it is great to see new cars selling, the economy boosted and gas guzzlers reined in. But I am dismayed by pictures of late-model, low-mileage vehicles being destroyed. There should be an additional layer of the CARS program that would allow the millions of people who could never buy a new car to trade up their really old clunkers for more-efficient used cars. Lydia Ross Hartt, HOT SPRINGS...

Author: /time Magazine | Title: Inbox | 8/31/2009 | See Source »

Chrysler's bankrupt, and Pontiac's going bye-bye. GM's on eBay, claims its Chevy Volt will get 230 m.p.g. and boasts that a $4,000 compact is in the works. Volkswagen is merging with Porsche. TV car guys with names like "Dealin' Doug" are screaming about incentives this and rebates that. And the government's porky cash-for-clunkers effort is ridin' herd on gas hogs...

Author: /time Magazine | Title: The Clunker Debunker | 8/31/2009 | See Source »

...financially underwater, the answer is probably yes, according to industry experts and recession-whipped car sellers, who point to low-interest loan rates, government givebacks, manufacturer come-ons, desperate dealers willing to haggle and the specter of rising prices down the road. (See the most exciting cars...

Author: /time Magazine | Title: The Clunker Debunker | 8/31/2009 | See Source »

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