- One of the biggest developments at the Frankfurt Auto Show is the showcasing of new electric vehicles models from luxury automakers such as Mercedes-Benz, Audi, Volkswagen, and BMW.
- But with only a paltry 0.2% of total vehicle registrations in Europe of the EV/hybrid variety will all the development costs pay off?
- Industry insider think it will as they point to the ability of automakers to lower their average fleet mileage ratings to appease regulators and a long-term trend toward alternative-fuel vehicles that nobody wants to miss out on.
- Related stocks: GM, F, TM, FIATY.PK, HMC, NSANY.OB, TSLA, VLKAY.PK, DDAIF.PK, BAMXY.PK, VOLVY.PK.
at CNBC.com (Nov 18, 2014)