Financial Times FT.com

Rivals jostle in the electric car charge

By John Reed in London

Published: August 19 2009 18:30 | Last updated: August 19 2009 18:30

In spite of the deep crisis in the automotive industry, several large carmakers are taking a gamble on a technology that has not yet proved it can win over consumers – electric cars.

hybrid-thumb.jpgNational and local governments globally, including the US, the UK, Japan and Australia, are abetting this drive into the unknown with generous subsidies and tax breaks for zero- and low-emission vehicles due to launch over the coming three years.

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