Electric car pricing strategy. Bad for consumers.

The next electric car could be financed like a cell phone (sob!). Pay for the car by taking out a contract for the power.
Source: Ontario's electric car infrastructure will use "cell phone" business plan

It looks like the manufacturers have finally found a way to make money on electric power.

Several auto makers have plans to manufacture electric cars.

1. General Motors plans to start selling the Chevrolet Volt in 2010, which will travel more than 60 km before burning gasoline.
   
2. Ford Motor Co. and Magna International Inc. announced at the North American International Auto Show on Monday that they are working together to sell an electric car by 2011. That car will plug into standard electricity outlets and recharge completely in eight hours.
   
3. Nissan and Renault have partnered with Better Place so far, Harrington says. The company hopes to manufacture electric cars in Ontario. Source: Ontario's electric car infrastructure will use "cell phone" business plan - Page 3