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Electric Cars: More Models, Cheaper Prices Coming in 2013

(Time Magazine)

The electric car has already gone through so much—from being pumped up as a game changer to all but being declared a flop—that it’s easy to forget the Chevy Volt and Nissan Leaf have only been widely available to the public since 2011.

Even as sales for these two plug-in pioneers have fallen well short of projections, automakers aren’t giving up on electric cars. What’s more, as more new-model EVs hit the market, the entire segment should have more appeal for drivers. 

Prices drops are the expected result of increased competition from the likes of the Chevy Spark EV and the Fiat 500e, both newly introduced subcompact electric cars that generated plenty of attention at the recent Los Angeles Auto Show.

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