Audi to offer electric cars in 5-10 years
Rupert Stadler told Welt am Sonntag in an interview that he expects diesel and battery technology to dominate in the coming five to ten years.
"By then we will offer cars without exhaust emissions," Stadler said.
Asked if Audi was not lagging domestic rivals Mercedes and BMW in the development of lithium-ion batteries that are more powerful than batteries used now in hybrids, Stadler said Audi's research capacities were larger than those of its German competitors.
"Electric cars offer great opportunities, which we have already seized on," Stadler said without elaborating.
Developing fuel-saving technology tops the agenda of Germany's car industry in an effort to fulfill stricter emission regulations and conserve fuel.
BMW has said it would decide this year whether to build an electric vehicle, while U.S. carmaker General Motors plans to roll out its Chevrolet Volt plug-in electric car in 2010.
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Brazil tax strategy to bring down fuel, electricity prices seen having limited effects
BRASILIA - Brazil’s congress approved a bill that limits the ICMS tax rate that state governments can charge on fuels, natural gas, electricity, communications, and public transportation.
Local lawyers told BNamericas that the measure may reduce fuel and power prices in the short term but it is unlikely to produce any major effects in the medium and long term.
In most states the ceiling was set at 17% or 18% and the federal government will pay compensation to the states for lost tax revenue until December 31, via reduced payments on debts that states owe the federal government.
The bill will become law…
