Electric Vehicles - A Look Back and a Look Ahead

With gas prices rising worldwide and global warmingbeen the balance of speed and distance between
gaining awareness, the need for alternatives ischarges. Most electric vehicles had limited range, limited
undeniable. It's a new era of the automotive industryroom for passengers or luggage, couldn't climb a hill or
and couldn't come a minute too soon. Greenrun the air conditioning without depleting the battery.
technology is today what the minivan was in the 80'sDrivers also ran the risk of losing a battery charge
-- life changing ' and the next decade will set a newwhile driving and becoming unable to return home to
time in our history.recharge.
The demand first came for more fuel-efficient carsEnter electric car technology of today. With new
and automakers answered that demand slowly andtechnology and new automakers on the scene there is
reluctantly. But we now have cars that more thanhope for electric vehicles. One automaker making a
double the efficiency of cars from 30 years ago. Wesplash is Shelby SuperCars, a newcomer with an
are more efficient, cleaner and safer in ourimpressive resume and engineering record. This is one
automobiles than ever. So, with the next era of newcompany to pay close attention to.
alternatives, we are entering an exciting phase ofMost auto manufacturers leave out the aesthetic
automotive history.nature in their electric designs ' leaving the hybrid
Automakers from around the world have increasedbuyers with less-than-attractive body shapes and
their hybrid and electric vehicle production and haveboxy designs. But the supercars of tomorrow are
put them on fast-track schedules in order to meet thetackling all the critics and designing for the 'eye' as well
demand. Gasoline powered vehicle plants have slowedas the environment. They are super 'cars' for so many
tremendously and a few automakers have evenreasons. The newest breakthroughs in supercar
halted their own gasoline-powered production lines totechnology are likely to have the 'trickle down' effect
create electric and hybrid production lines in order toand be altered to meet the demands of the masses.
capture the in-demand hybrid cars market by 2009.The next electric consumer vehicles could have
But hybrid and electric technology is not new. In fact,supercar roots.
the electric cars date back to the 1800's. NonThe main challenge facing the automakers with green
chargeable electric cells were used in the first carstechnology is funding. The battery and drive train
with much needed battery improvements comingengineering is expensive and finding potential suppliers
about in the late 1800's. The first electric land speedfor long-range batteries is difficult. With cars like the
record was then set in Belgium in 1899 for a recordItalian-made Reva raising $20 million and Tesla Motors
land speed of 68 mph. The car's range of 18 milesgathering $140 million in funding, it's safe to say the
was considered incredible in a time when people didn'telectric market is not cheap. For the boutique
travel far to other cities because of lack of qualityautomaker Shelby SuperCars to be only seeking
roadways. The height of electric cars in America$5million is astonishing. They are currently raising $5mm
peaked in 1900 when electric vehicles outsold all otherby way of preferred stock offering through investor
types because of the lack of vibration, smell and noiserelations firm Sheffield International Finance
associated with gasoline cars.Corporation. To date, the Company has achieved its
Then, in the 1920's, better roadways brought about theworld-class status with internal funding only. Although
need for longer range vehicles, crude oil pricesthe funding is now invitation based, the company is also
dropped and became affordable, and Henry Roadentertaining government grants from green programs
began making history with his affordable vehicles forboth Federal and State based.
the masses.2009 should prove to be a historical year for the
The 60's and 70's continued the trend of slow electricelectric vehicle market from minis to supercars and
vehicles with short ranges of 50 miles and land speedsevery model in between. It's an incredible time for
of just 44 mph. Electric vehicles were just not practicaltechnology.
for traveling. The challenge to automakers has always