Electric cars enjoy cool factor but still costly

LAGUNA NIGUEL, Calif.--By Mitch Jackson's telling, the handful of electric vehicles that FedEx is testing are wonderful, offering sufficient range and one-third the operating cost.
But because an electric truck costs three or four times more than a conventional truck, FedEx's worldwide fleet of all-electrics is only 19 out of about 40,000 trucks.
"We want those trucks. We believe in energy independence," said Jackson, vice president of FedEx environmental affairs and sustainability. "We have a deep belief in electrification, but the capital (needed) has inhibited us to what we have now."

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