BMW CEO Norbert Reithofer recently cited "German angst" as a concern for the automaker and its efforts to generate sales from its electric-drive vehicles starting later this year. Good thing the British don't appear to share that angst.
According to an updated report released by Frost & Sullivan, the emergence of megacities in developing nations will drive demand for electric vehicles (EVs) up dramatically by 2020. The study – aptly titled "360 Degree Perspective of the Global Electric Vehicle Market - 2010 Edition" – provides an overview of the EV market while also focusing on trends such as urbanization, car sharing, personal mobility and city development. The study concludes: