Monday, December 6, 2010

Fiat Banking on Natural Gas Engines in the US, Thinks Hybrids and EVs Present Too Many Obstacles


Fiat�s comeback to the U.S. with the 500 is just the first piece of a larger puzzle. The company�s CEO, Sergio Marchionne, may give the green light for natural gas-powered cars to be sold in the Land of the Free, as they offer a cheaper way to cut emissions. In an interview with Bloomberg News, Mr. Marchionne noted that electric cars, favored by GM and Toyota, present �too many obstacles� with long recharge time for batteries being one of them.

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