Rise of the undead: Electric cars return
But, didn't someone kill the electric car? Apparently the Chinese never got the memo, cause they've been working up the electric magic and have developed cheaper and better electric vehicles than came from Japan in the 1990s. Some dude named Miles Rubin created Miles Automotive Group and is working on bringing an all-electric sedan called the Miles XS 500 to America. It will cost about $30k, look kinda like a Mercedes (see picture of it above) and you can plug it into a regular wall outlet.
Read the full story here.
This story of course leads to the obvious question: Is China the Japan of the 21st century?
China is the Japan of the 21st century. That's exactly right. I think Japan had the exporting title from the '60s through the '90s, when China began to take over. The question is, how lon g will China's reign last before some other part of the world can do it cheaper?