It is Hybrid, It is Lithium battery inside and it is BMW - what else do you need to meet the Peak Oil? Plug-In Hybrids and Full Electric Cars and they are coming now.
"We have another view on Electric Cars market growth potential - this time from World Bank analysis of China's Electric Vehicles industry. Before we have discussed research note from Deutcshe Bank on the more broad subject of Chinese Leadership Towards a Low Carbon Economy and now we have a more specific research on China's very ambitious plans for the new Strategic Industry - Electric Cars.
China is in the headlines every day now and moving the global markets these days. State level planning allows to allocate resources and leapfrog Combustion Engine technology and even Hybrids - directly into the Electric Cars."