German Chancellor Warns of Asian Dominance in Electric Car Technology

Angela Merkel pointed out that losing the lead in electric car technology means Germany also will lose markets.

Published: 18-Sep-2009

Frankfurt - German Chancellor Angela Merkel warned of Asia stealing Germany's lead in car technology as she opened the Frankfurt International Motor Show (IAA) on Thursday, in the midst of the biggest crisis to hit the industry in decades.

The focus of this year's fair is the electric car and forward- looking technologies such as hybrid power, but much of the talk has been about the problems of an industry bearing the brunt of the economic crisis.

Merkel said it was important to keep up with foreign competition in the race to develop new technologies, in particular the electric battery.


TREV two-place electric car

Student-built vehicle can do 0-60 in 10 seconds with top speed of 75 mph. Photo courtesy of University of South Australia.

Mitsubishi i MiEV Concept Mini-van

i MiEV is five passenger, battery-powered car with range of 80-100 miles per charge, which would be ideal for majority of population who live in or near the capital of Reykjavik. Pictured is a earlier i MiEV mini-van concept vehicle.

Press and media crowed GM CEO Rick Wagoner at debut of Chevy Volt electric car.

A report from the Congressional Budget Office on Monday indicated that guaranteeing the loans would cost as much as $7.5 billion, double the original estimate.


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