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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New president at Manitoba Hydro to navigate turmoil at Crown corporation
WINNIPEG - The Manitoba government has appointed a new president and chief executive officer at its Crown-owned energy utility.
Jay Grewal becomes the first woman to head Manitoba Hydro, and takes over the top spot as the utility faces mounting financial challenges and turmoil.
Grewal has previously held senior roles at Capstone Mining Corp and B.C. Hydro, and is currently president of the Northwest Territories Power Corporation.
She will replace outgoing president Kelvin Shepherd, who recently announced he is retiring, on Feb. 4.
The utility was hit by the sudden resignations of nine of its 10 board members in March, who said they had…
