Fiat CEO Sergio Marchionne has revealed the company expects to lose $10,000 (€7,065 / £6,159) on every 500 EV they produce.
Hyundai has introduced a new hydrogen fuel-cell concept car called the Blue2 at the 2011 Seoul Motor Show.
Korean brand Kia has unveiled the new Naimo electric car concept at the 2011 Seoul Motor Show today.
The Naimo's name is derived from the Korean word 'Ne-mo' which means 'square shape'. And this is one concept which isn't running away from its boxy design. It features no B-pillar and rear-hinged doors.
With interest in EVs soaring, a new report is indicating Kia will launch their first electric vehicle in 2013.
Toyota has brought the iQ EV concept to Geneva.
The electric version of the mini iQ model is not yet ready for production but Toyota will be testing this prototype here with an intention of bringing it to market.