A Better Strategy for Detroit: Electric Drive not Flexfuel
In 2006, Detroit held high hopes of being profitable by selling millions of flexfuel vehicles. The vehicles delivered sub-par fuel economy and zero profits. Although millions of electric vehicles will displace cars with gasoline engines, the internal combustion engine will be with us for decades in hybrids, plug-in hybrids, and heavy-duty trucks. Biofuels are not a panacea; rather, they are part of the energy security solution. The big story is the shift to electric drive.