article thumbnail

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. First is the energy capacity and the recharge time of current batteries, which now are “ simply inappropriate ” for pure electric propulsion. Currently, cars contribute. about 7% of global CO 2 emissions. Martin Winterkorn.

2013 150