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GM, Volkswagen for contacting hybrids




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General Motors and Volkswagen have decided to go for electric cars at the expense of hybrids in their US range. It's a big change for car manufacturers. Both have invested in hybrids, which have a gasoline engine and an electric motor. It is also a recognition that it is most important to get to fully electric vehicles soon. "If I had one dollar more to invest, would I have spent it on a hybrid?" GM President Mark Reuss told the Wall Street Journal . "Or would I use it on the answer that we all know is going to happen and get there faster and better than anyone else?" The high price got some of the blame when GM dropped the Chevrolet Volt last year, even though it came with a federal tax credit of $ 7,500 per Fox Business.

Volkswagen plans to spend billions on battery-powered models, including an electric version of its multi-storey minibus that is a few years away. For next year, the automaker is developing a small plug-in SUV for the US market. GM has 20 electric models scheduled to be launched globally over the next four years, including Chevrolets and Cadillacs. China's new zero-emission minimum number of vehicles sold is another reason why companies focus on electricity. Toyota and Ford do not give up hybrids, but are an attractive step for consumers. Both are still planning to develop electricity in the journal Journal while relying on hybrids to increase vehicle mileage. "We can't say to the customer, & # 39; You need to take an all-electric vehicle, & # 39;" said a Ford technical manager. (Read more stories about electric cars.)

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