Electric Car Conversions Defy Market
December 4th, 2008 |
Posted by admin
The ongoing financial crisis has obviously affected car manufacturers, most of whom have reported a downtrend in sales. But quite surprisingly Wayne Alexander, who runs a business of electric car conversions, has his hands full like never before.
Alexander converts conventional gas powered cars to electric powered ones. He has been in the business for the last 30 years and charges $12,500 to convert a car or pickup truck. At present he is converting cars at the rate of 4 per month. His cars can travel up to 35 miles on a single charge which takes about 5 hours. Though his business had always been steady, right now orders have shot through the roof. So where major car companies are rewriting their plans for manufacturing electric cars for sale, keeping the current state of the economy in mind, the business of electric car conversions is growing.
The electric cars that are already available in the market are quite expensive and many of the major manufacturers’ products are still 2-3 years away from public launch. Maybe these are the reasons why consumers are rushing to convert their gas guzzling cars into electric ones. Neither they want to pay the high prices of existing models, nor do they want to wait for the models to be launched in the coming years.
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