Business

Will they cell?

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KNOCKING the internal combustion engine off its perch by developing clean-running electric vehicles has long been a green dream. A year ago, that dream seemed more real when General Motors launched the EV1, a two-seat battery-powered car. But the EV1 has flopped since its launch in Arizona and southern California last autumn. Available only on lease (at $475 a month, the same as a Cadillac), the nippy sports car that hums eerily to 60mph (97kmh) in eight seconds has lured a mere 216 pioneers.

This article appeared in the Business section of the print edition under the headline “Will they cell?”

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