Affordable Auto Industry Concept Oil Prices 
Revenge of the Electric Car
FEBRUARY 3, 2010
. “This could propel them into a more prominent position in the auto industry,&# Menlow said. The IPO would be a first among electric car companies, which have shown life in recent years in response to high oil prices. “The question is how they’re going to be able to rein in their costs.&#.
Green Car Congress
JULY 4, 2009
Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. And the auto industry doesn’t hold back on announcements.
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