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January 27, 2002 – Vol.6 No.44
NOT UNEXPECTED STUDY.
In the Green Energy business one learns to accept the bitter with the sweet, to cope with the good, the bad and the ugly.
Gasoline and diesel power vehicles will dominate through 2020. That is the conclusion of a new study by DRI-WEFA and the well respected Arthur D. Little consulting firm.
According to the study, between now and 2020, when fuel cell vehicles are expected to be manufactured in large numbers, the cost of gasoline will remain affordable and relatively stable. This availability of gasoline, as well as advancements in gasoline and diesel engines to make them cleaner and more efficient, will keep them competitive in the marketplace with other technologies such as hybrid vehicles.
In summary, the conventional ICE (the Internal Combustion Engine) is not dead yet. However, this is only one study by one company. Visit DRI -WEFA at http://www.dri-wefa.com/ .
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