Luxury Automakers Charging To High Profit Electric Vehicle Market

With eco-friendly cars taking center stage at the 2013 L.A. Auto Show, it was no surprise luxury carmakers wanted to tout their stuff too.

And not just far-off concepts drivers will need to wait years for, either. BMW, Mercedes-Benz and Cadillac each brought production-ready fully electric or plug-in hybrid models.

It’s not hard to see why they chose to do this at the Los Angeles show. In 2012, California accounted for 40 percent of new electric vehicle sales in the U.S., says IHS Automotive, based on Polk new vehicle registrations.



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ParadoX - 12/5/2013 1:37:54 PM

+2 Boost

I think thus far, they all fall far short of the high bar Tesla set.

LJ745 - 12/6/2013 9:11:41 AM

+1 Boost

I think they all take a better approach than Tesla. Pure battery technology isn't for the majority of people. Hybrids are not only more practical, but more efficient and environmentally friendly to boot. Hybrids and range extenders will be the dominant technology for the next 50 years.