The development and ultimate viability of electric vehicles depend basically on one major factor: economics. This paper discusses the early development of electric vehicles and the reason for their inability to compete with the more economical gasoline-driven vehicles. A comparison is made between electric transportation in the U.S. and other countries. Reasons are presented for the growing industrial and commercial transportation market for electric vehicles, compared to that of electric passenger vehicles. Since current transportation modes will not be sufficient to meet future demands, new uses and recent planning for electric vehicles are discussed.