Buyers remain cautious about electric cars - WRCBtv.com | Chattanooga News, Weather & Sports

Buyers remain cautious about electric cars

NASHVILLE, TN. (AP) - A lot of money is going into building electric cars and the infrastructure to recharge them, but buyers remain lukewarm, likely due to cost and "range anxiety."

Franklin-based Nissan already is selling its all-electric Leaf, and Ford and Mitsubishi have their own electric cars coming out later this year.

But George Peterson, president of the California-based research firm AutoPacific, told The Tennessean interest likely won't spike unless gas prices reach something like $6 or $7 a gallon.

Many people are reluctant to buy electrics because there are not enough public recharging stations, especially fast chargers that charge the battery in 30 minutes.

Cracker Barrel Old Country Stores has agreed to put fast chargers at some of its Tennessee locations, but it is not clear how soon that will happen.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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