MIT Analysis Reports that Alternative-Fuel Vehicles Won’t Win Fast Acceptance

alternative fuel cars

An alternative-fuel car that costs and performs the same and packs as many features as a gasoline-powered vehicle isn’t likely to capture even half of the market—at least not for a long time, according to an analysis from MIT’s Sloan School of Management. Part of the problem is a catch-22: until the roads teem with alternative-fuel vehicles, most Americans won’t consider buying one. The analysis predicts that if policy incentives are kept in place long enough, however, the market will begin to grow on its own.
But “long enough” might be a stunningly long time.

Source: AlternaFuels