Thursday, July 24, 2008

Driving Green; Electric Minis Charge Up Consumers

Driving Green; Electric Minis Charge Up Consumers


Delta, B.C. July 24, 2008 -InvestorIdeas.com, Renewableenergystocks.com

Driving Green at InvestorIdeas.com- http://www.investorideas.com/dg/ with Host Dawn Van Zant
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BMW has Mini fans charged up with news that they plan to sell the much talked about all-electric versions of the Mini car in the U.S., starting summer 2009.

Mini’s USA Vice President, Jim McDowell, would not give all the specifics on the electric mini as to where, when and how many, addressing the previous “500” number rumored to be available in California, but did confirm they would be available for consumers next year. He did state,” "The world is moving in our direction. The overall market is down 10%, but small-car sales are up 11%. People are trading in Ford F-150s and Hummers for Minis."

According to a recent press release from BMW, “The MINI is also continuing to enjoy a high level of demand worldwide. The number of vehicles delivered in the period to the end of November rose by 16.1% to 202,076 (prev.yr.: 174,082) vehicles. This means that as many MINI cars were sold in the first eleven months of the year as in the whole of the top-selling year 2005 (200,400 units). In November, 19,078 (prev.yr.: 13,402) vehicles were delivered to customers. Compared to the same month last year, this was an increase of 42.4%.”

In other electric car news, General Motors announced that it will collaborate with the non-profit Electric Power Research Institute (EPRI) - more than 30 of the top electric utilities in the United States and Canada to accelerate the introduction of plug-in electric vehicles.

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