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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. In May, VW and Chinese carmaker BYD signed a memorandum of understanding to explore the options for partnership in the area of hybrids and electric vehicles powered by lithium batteries. Currently, cars contribute.

2013 150
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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Sign Up Login All Posts | About & Contact Us | Get a TEC Badge | Getting Started with The Energy Collective Cutting-edge insight on energy and climate that you wont find anywhere but here. And if you doubt that they will learn, check out my cover story about BYD in the new issue of FORTUNE, headed to subscribers and newsstands this week.

Chinese 28
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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. Chinese car producer BYD even recorded a 337.25% increase in March sales amongst its fully electric and hybrid car models.

Economy 52