The 2013 Honda Fit EV received the best fuel efficiency rating the Environmental Protection Agency has ever issued. The AP reports that the EPA said the electric vehicle gets the equivalent of 118 MPG.
It was a story about the little guy taking on the big, multinational corporation on equal footing: Heather Peters, a California woman, took Honda to small claims court claiming her hybrid Civic wasn't getting the gas mileage promised on the window sticker.
The electric car may be the next big hope for reducing carbon emissions, but one environmental advocacy group says just how effective these vehicles are at limiting emissions depends on where you are in the country.
The rising cost of oil isn't just a hit to the family budget. Businesses are hurt, too. Few are more affected than firms like FedEx. It deploys nearly 700 planes and tens of thousands of trucks and vans every day to deliver packages around the world. And few business leaders are more focused on finding alternatives to petroleum-based fuels than FedEx CEO Fred Smith.
Shortly after Smith founded Federal Express, the 1973 Arab oil embargo almost killed it. The experience imprinted Smith with a keen interest in the price and availability of oil.