Here's the real reason why you are still not driving an electric car

It may be time for investors to accept that the shift to electric will be more gradual than full-throttle

It seems every major carmaker these days is thinking about electric vehicles in some capacity. At one of the world’s largest auto shows in Shanghai this year, several manufacturers boasted their snazzy concept cars and talked up imminent launches.

Electric-vehicle sales are rising fast, and battery installation is climbing — largely thanks to China, where battery demand rose more than 175% in the first quarter. 

Before getting carried away with images of electric cars racing down roadways and crowding out gas guzzlers, there’s a stark reality to consider: Vehicles that appeal to swathes of consumers remain few and far between, and those