Wednesday, April 22, 2009

Peapod Car Makes a Splash on Earth Day

Chrysler releases electric vehicle

peapodChrysler’s new Peapod car, which debuts today, is many things. It is electric, small and cute. However, it’s not really a car. Well, at least I don’t consider it a car. It’s a Neighborhood Electric Vehicle that only goes 25 miles per hour and can only travel 30 miles on a charge.

The   Peapod “car” goes on sale today, Earth Day, which is appropriate because its best qualities are its eco-friendly ones. It emits no pollutants and uses no gas.

Price of personality

This slow-moving, short-distance traveling little pod costs $12,500. It seats four (small) people, and Kevin Allen at “Shiny Objects” calls it a “four-seat hipster carrier.”

To me, $12,500 seems pretty steep for a vehicle that can’t go fast enough to hit the speed limit on major streets. However, the thought of never needing a payday loan to buy gas again is pretty attractive. Nonetheless, I’d probably need credit repair and a personal loan to afford a Peapod.

The company

The Peapod car is created by Peapod Mobility, which is a spinoff of GEM. GEM is a division of Chrysler. GEM has been producing small electric vehicles for a decade, and so far it has strong sales on college campuses and in retirement communities. ... click here to read the rest of the article titled "Peapod Car Makes a Splash on Earth Day"

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