Electric And Hybrids On Display At Frankfurt Motor Show

Electric vehicle sales were up 22.2 percent year on year for the first half of 2013, but total volume is still very low with just under 19,000 vehicles sold. The Frankfurt Motor Show held last week gave European car companies a great opportunity to show where they think the market is headed, and major car manufacturers all had EVs or hybrid to show. New electric and hybrid models “VW made a U-turn at the show by launching new electric and plug-in hybrid models after years of skepticism,” writes Societe Generale analyst Pierre Bergeron. He quotes Pike Research estimates that European…