Tuesday, January 20, 2009

Higher gas tax may solve problems of carmakers

Many car companies like General Motors Corp., Ford Motor Co. and Chrysler are spending billions to make plug in electric cars at a time when the price of gasoline is below $2 per gallon. All these companies fear that if gas prices are so low even next year then their research of plug in electric cars will go waste. They have spent million of dollars for this research. In the last 5 months of

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