Friday, January 6, 2012

Auto Execs Do not Believe in Hybrids or EVs but Continue Investments Just in Case they’re Incorrect

Electric vehicles and hybrids have usually been touted as a logical solution to effectively reduce CO2 emissions and dependence on fossil fuels – at least until fuel cells become commercially viable.
Yet a current survey conducted by U.S. monetary consulting firm KPMG among 200 automotive executives located out that two-thirds of them do not think that hybrid and all-electric vehicles will make considerably of an impact on the marketplace. The auto execs estimate that their combined sales

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