One of the problems with compressed air cars is the efficiency. Studies have shown that compressed air cars are much less efficient than even pure battery electric vehicles. Thus, electric vehicles yield a much greater range, and a greater range is key to marketing alternative fuels to the general public.
I certainly hope so, but technology is holding the industry back at the moment. Countries around the world have made attempts at producing a low-cost, efficient compressed air vehicle, but have failed due to everything from engine overheats, to lack of funding, to motor inefficiencies.
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