Technology today is being replaced by new technologies at
lightning speed as more and more research and development is happening around
the world. Automakers around the world today understand the cut throat
competition that is happening in the automotive sector which can kill their
business instantly if they do not think about the future needs of their
customers. Many car companies today have realized that consumers are fed up of
the fuel expenses that they have to spend on their regular gasoline cars and
therefore they are working on new electric cars that run on electric power.
This allows electric car buyers to save all the money that they usually spend
on fuel.