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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. Volkswagen is partnering with a number of companies, including Sanyo and Toshiba, on batteries, power electronics and electric machines. Currently, cars contribute. about 7% of global CO 2 emissions.

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Nissan’s Big Gamble

Revenge of the Electric Car

The gamble is that Nissan could grab the EV market and dominate it until BYD (China) enters the U.S., Those who make the decisions to forgo battery EVs in favor of plug- in hybrids only ignore a sizable market. Pricing isn’t set. Oil vs. electrons. Batteries are expensive. Ghosn wants hundreds of thousands.

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