The Not So Big Wheels Leading The Charge

Electric vehicles cost more than gasoline ones, yet their performance lags. So how has Ted Morgan raised $16 million for U.S. Electricar Inc. since he became president of the Sebastopol (Calif.) company in 1992? And why is Benjamin M. Rosen--one of the richest of venture capitalists--starting Rosen Motors Corp. to make hybrid electric vehicles?

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