Having not read the actual legislation, the following quote from the article seems quite important: "The legislation requires that the selling of crowdfund securities take place on registered websites."
Notice the phase "selling of crowdfund securities." I think that most crowd funding doesn't involve the sale of securites and in fact most are just clever ways of pre-selling merchandise not yet made without having to give away any equity at all.
Although I could be talking complete nonsense.
Its more than range. The issue is that when the electric car runs out of juice, you have to go plug it in for N hours (where 'N' is a fairly large number).
Only if you think numbers less than 4 are large. I can charge my focus electric from nearly zero range to full 60+ in less than 4 hours. My short commute is about 12 miles each way and when I am home it takes less than an hour to get back to full charge. Many days I drive much more than 60 miles. Just need a quick charge between runs.
Even as a commuting car, it has problems because when you get home, you can't use the car to even go run errands, pick up the kids from where ever they are, etc.
Even if you get home with only 5 miles of range less, unless your kids/grocery are 20+ miles away you can just hook up to your charger and get about 4 miles for every 10 min of charge. So, hook up the car, chill for a bit, and then go hit the store, pickup the kids, etc... without worry.
Oh, and don't forget the effect of driving at night when one has to turn on the head lights.
You are joking right? Should I turn down the stereo also? These electric draws don't even register on range.
Bottom line is that until electric cars have a greater range and a "refuel" time that is comparable to that of gasoline engines, they are of limited utility.
This simply isn't true. Yes they have a few drawbacks compared to gas cars but the positives blow those away in my calculations. Also, all those comparisons assume that you are a one car household. I don't know to many of those in my peer group. As long as you have one gas car in the fleet (or don't mind renting one occasionally) an electric car is great to own.
I love mine
1) He probably went from a much older, more gas guzzling car to electric. This is what I did when going to my focus electric.
2) The electric car energy use isn't just a little less, it is a lot less.
3) In a 2+ car household the new electric tends to get used for as many trips as possible. In our house whoever is driving the furthest that day takes the electric. This makes gas usage in the second car much lower also.
My electric bill went up of course from charging the electric but not very much and we drive our focus 60+ miles 3 days a week and 20+ the rest.