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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

First Drive: Ford C-Max Energi

Tesla has shown that the demand for $80,000 to $110,000 all-electric cars is strong. GM has shown that the demand for $40,000 Chevrolet Volts is strong, selling thousands every month globally.

Now the opportunity is there for Ford, GM, Toyota and others to fill that $40,000 to $80,000 space with large minivans and SUVs that have a 16 kW battery, large electric motor, and a 2 liter 4-cylinder range extender.

The Ford C-Max Energi is a praiseworthy but very small step in this direction. Much more is needed.

At the time of submitting this article, the author had no positions in the companies mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

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