TEXT-S&P: electric car's credit impact on U.S. is small

Newswire

(The following statement was released by the rating agency) June 30 - U.S. consumer and global automaker interest in alternative vehicles is growing against a backdrop of high gas prices and the nation's foreign oil dependence, but numerous factors impede the market's growth and credit impact, according to a report published June 29, 2011, on RatingsDirect on the Global Credit Portal. The report, titled "An Overview Of The U.S. Electric Car Market: Gaining, But In The Slow Lane," cites ...

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