It seems that the economic crisis has also hit the green sector. Due to the credit crunch, electric car manufacturers may have to delay development and production. It also stands to reason that any development project has an inherent risk now of not attaining funding, particularly in the commercial sector. So, if you were planning to purchase one of the new “Model S” cars from Tesla, better put your wallet away for a little.

This entry was posted on Friday, October 17th, 2008 at 12:45 pm and is filed under Environmental, news. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.