Green Chip Stocks Index:
ABB (ABB) - 21.09 ↑ 0.12
Canadian Solar (CSIQ) - 29.26 -1.59
Chipotle Mexican Grill (CMG) - 608.99 ↑ 1.44
Daqo New Energy (DQ) - 38.85 -4.62
First Solar (FSLR) - 54.75 -1.60
General Electric (GE) - 25.19 -0.26
Hannon Armstrong (HASI) - 14.14 -0.07
Hanwha SolarOne (HSOL) - 2.03 -0.05
iPatch DJ-UBS Coffee (JO) - 36.05 -1.62
iPath Pure Beta Coffee (CAFE) - 23.85 -0.82
JA Solar (JASO) - 7.87 -0.40
Maxwell Technologies (MXWL) - 9.26 -0.47
NRG, Inc. (NRG) - 29.18 ↑ 0.57
NRG Yield, Inc. (NYLD) - 46.49 ↑ 0.44
Ormat (ORA) - 28.18 -0.40
Pattern Energy Group (PEGI) - 28.29 -0.41
SolarCity (SCTY) - 53.92 -1.81
SunEdison (SUNE) - 18.23 -0.82
SunPower (SPWR) - 30.49 -1.27
TerraForm Power (TERP) - 26.98 -0.16
Tesla (TSLA) - 231.10 -4.24
TransAlta Renewables (RNW) - 11.34 ↑ 0.00
Trina Solar (TSL) - 9.95 -0.61
U.S. Geothermal (HTM) - 0.50 -0.03
Whole Foods Market (WFM) - 37.66 -0.29
Yingli Green Energy (YGE) - 2.83 -0.20
Electric Car Battery Costs
Are Electric Car Battery Costs about to be Cut by 80 Percent?
Over the course of the next ten to fifteen years, the sticker price for an electric car will be very competitive with that of a modern internal combustion engine vehicle.
Through the integration of new, lightweight materials, new vehicle designs and cheaper battery costs, electric vehicles will no longer be the high-priced pariah that some knuckle-draggers wish it to be. No, the future of electric cars is solid, mostly because the rapid decline in production costs is a lock.
Of course, the biggest decline in production costs will come from the cost reductions in high-performance battery manufacturing. And based on what we're seeing now, in ten years, those costs could be cut by as much as 80 percent. This is a huge deal, and quite frankly, changes everything.
John Voelcker over at Green Car Reports takes a closer look at these production cost declines here.
The Best Investment Decision You'll Ever Make
Back-room wind energy deals in China... See-through solar panels... 500-mile electric car batteries... whether you've been reading about it or not, there's an alternative energy boom that's rapidly taking over. And it's making a handful of smart investors, very, very rich.
To get in on this action, become an Energy and Capital member today - absolutely free. Simply enter your email in the box below, and we'll send you your first report, The Electric Car Revolution Starts Now, right away.
Enjoy this article? Get more in our Free Newsletter
Get the inside track on the most lucrative stock plays in today's scorching-hot alternative and renewable energy markets.
Sign up for the FREE Energy and Capital daily e-Letter from alternative energy experts Jeff Siegel and Nick Hodge. We'll also send you our latest report on Wind Investing straight to your inbox.
Related Articles 112 MPG Hybrid Unveiled
Toyota goes above and beyond with the introduction of its 112 mpg next-generation Hybrid concept car.
Do Tesla (NASDAQ:TSLA) Shorts Get Burned?
Energy Focus (OTCBB:EFOI) moves to China and Tesla (NASDAQ:TSLA) shorts are scratching their heads.
Electric Car Pollution
What you should know about junked electric cars.