Auto Execs: Future of Industry is 'Low Emission' Cars

KPMG survey of 200 auto executives finds 93% see development of electric vehicles as 'vital'.

Published: 09-Jan-2011

Investment in low emission cars is a key priority for the motoring industry over the next five years, a group of top industry executives have said.

Development of hybrid cars, electric vehicles and hydrogen fuel-cell technology is vital for growing the automotive industry say 93 per cent of 200 auto executives, answering the 2011 Global Automotive Executive Survey by KPMG.

It found that over seven in ten automakers would even go into joint ventures to fund the costs to develop the technology.

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