DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Why is GM reinventing an electric car, when they already had one 10 years ago?

**AlabamaBoyz** · 09-02-2009, 09:33 AM

Corrected

even still, they need to reach 50%+ to be feasible... the cost doesn't make sense at this point, they may pay themselves off in 10 years, but that 2% figure was from 2 or so years ago... so it doesn't make sense to buy somtin that will take ten years to pay off if you wait 5-7 yrs on those and now there are panels 3-4 times as efficient. I am not against them, i just don't think fiscally they make sense yet.

09-02-2009, 09:33 AM	#77
AlabamaBoyz Join Date Oct 2005 Posts 622 Senior Member	Corrected even still, they need to reach 50%+ to be feasible... the cost doesn't make sense at this point, they may pay themselves off in 10 years, but that 2% figure was from 2 or so years ago... so it doesn't make sense to buy somtin that will take ten years to pay off if you wait 5-7 yrs on those and now there are panels 3-4 times as efficient. I am not against them, i just don't think fiscally they make sense yet.
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