Smart cars, which reached the market a decade ago, originally measured just 250 centimeters long, thus allowing them to be easy to park in crowded city locales. The first electric Smart car was introduced early in 2008. A second generation electric version of the Smart Fortwo, which uses a 14 kW-hr battery, was scheduled to begin production in November, 2009.
Lithium-ion battery prices will drop rapidly over the next 10 years, setting the stage for plug-in vehicles to reach 5%-10% of total automotive sales by the mid- to late-2020s, according to a new study.
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