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Dave Kaufmann likes people yelling at him as he drives through La Cañada, Calif., the wealthy suburb north of Los Angeles where he lives. What they're shouting about is his battery-powered electric vehicle, one of up to 30,000 estimated to hit the streets of Southern California in the next 36 months, the biggest expected e-car surge in the country...
...some accounts, the next 10 years will see as many as 1.6 million electric or plug-in hybrid vehicles zipping around the state, in what is shaping up to be the nation's e-car proving ground. But in the 1990s a similar optimism hit here too, only to fizzle as gas prices plummeted and gas-guzzling SUVs took over the auto market with a vengeance. (See the history of the electric...
...sporty Zenn, a low-speed neighborhood electric vehicle, or NEV, for next to nothing. Though NEVs can't legally go over 25 m.p.h. in a 35 m.p.h. zone, newer high-speed sedans, like the ones Nissan and Tesla will be launching, are highway-approved, crash-tested and able to hit 80 m.p.h. in seconds flat. (See the top 10 everything...
...have followed the 10-month crisis even minimally, you will know the fears that CIT's failure are fanning again. Analysts say insurers and other large investors could be hit with hundreds of millions of dollars in losses. Small businesses say they could be cut off from credit. That could cause more layoffs and further delay an economic recovery. Massachusetts Representative Barney Frank, a Democrat who heads the House Committee on Financial Services, said he has heard from a lot of people who say it will be a big problem for the economy, small businesses in particular, if CIT fails...
...state results show clear evidence of a continued problem: black students trail their white classmates in every state. But the report also offers some encouraging signs: overall scores have risen, and racial disparities are gradually shrinking in most areas, especially among younger students. Curiously, the South - the region traditionally hit hardest by the achievement gap - has been faring relatively well in bridging the gulf. Some Northern and Midwestern states that pride themselves on strong public-school systems, meanwhile, have been flustered as the gap persists and, in some cases, even widens. (Read TIME's report "How to Raise the Standard...