Carmakers turning towards plug in vehicles

Car manufacturers around the globe are looking forward for green technology in their car models to come up the sky rising fuel prices. Among the big names come the Mahindra & Mahindra and Tata Motors from India. The companies are working hard towards hybrid and electric cars to overcome the petrol and diesel increasing prices.

Tata Motors, the country’s to auto maker is soon to launch its Indica Vista EV, which is standing on the platform of its famous Tata Indica. The launch will soon be made in UK, Norway and Denmark. From the stable of Mahindra & Mahindra we have Mahindra Reva NXR coming as the high technology electric car from the company. The car will come loaded with new-generation lithium-ion battery.

It is not just the homegrown compact car makers trying to work out in the electric car segment but we also have the famous luxury inventor, Rolls Royce who  has displayed 102 EX Phantom, the first electric car from the company at the ongoing Geneva Motor Show. Highly efficient cars with friendliness towards environment are call of the times and thus many car makers are working towards this segment. Other important reason for a growth in this segment is exponential increase in the prices of Fuel worldwide.

Addressing the issue, General Motors CEO Dan Akerson has commented that the auto industry is now moving towards the Electric car segment and it will soon prove to be a revolutionary decision by carmakers. The US carmaker is now looking forward for its upcoming EV, Volt. The company is able to come back from the tumultuous bankruptcy and now it is doing good with $4.7 billion profit in 2010.

The proof of Auto industry shifting towards Electric Vehicle is available at ongoing Geneva Motor Show which is filled with many plug-in cars displayed by varied  carmakers.

Read More on : Tata Indica Vista Electric price