As we see that the year 2011 is going to be a big year as far as the technological up-gradation is concerned and hence you can certainly see that a major improvement have been made in the case of cars and automobiles. The roll out of the Nissan and Chevy Volt is enough testimony to the fact that this year is going to be a banner year for electric cars.

But, we see that rare earth metals are required for the current battery technology and importantly China controls the entire supply. So, the recent strategic move by the Chinese policy makers to lower the export of the rare metals could actually lead to the derailment of the growth of EV- both leading to the serious detrimental case of environment and US economy.

The enthusiasm shown by the car owners and car lovers from across the world over the release of Nissan LEAF and Chevy Focus is indeed wonderful and people owning other brands like the Ford, Mitsubishi shows that the customers are ready to take the leap to use the electric cars for their rides. Even though the price is on the higher side with $41,000 for Volts, GM is planning to increase the production from 10,000 in 2011 to 45,000 in 2012. The concept of combustible engine is not quite over by the use of EV is certainly a growing phenomenon.

If at all there is any drawback for this electric car, then it has to be its high sticker price. The price is a real worry for many and thus it will prevent a lot of people from buying the car because the price is really high. The need to improve the battery technology will mean that the use of rare earth metal is required and China has exclusive control over it and has decided to decrease the export by a significant margin.