Fuel efficiency remains the top concern among new car buyers around the world, which is likely to boost demand for hybrid and electric vehicles, according to a report from KPMG. But the survey of senior auto-industry executives worldwide also showed that many have serious concerns about such vehicles' affordability.
GM is taking a big step toward making hydrogen-fueled cars and trucks a reality for consumers by partnering with a dozen companies to build more than two dozen fueling stations in Hawaii. The state is aiming to reduce oil to 70% of its needed energy supply.
Hawaii is buzzing with tidings of green cars. Korean electric car company CT&T plans to build an electric car production facility, GM will be testing its hydrogen fuel-cell vehicles there, and Silicon Valley startup Better Place is already on the ground building its electric car network.