"Internal combustion engines are not going away anytime soon," said Gary Silberg... Few auto executives think there will be mass acceptance of electric and hybrid cars until at least 2025, when the country's Corporate Average Fuel Economy, or CAFE, regulations kick in, forcing automakers to make cars that attain 54.5 miles per gallon on average....global auto executives have for electrifying cars: About 65 percent of those surveyed say electric vehicles and hybrid cars will account for just 6 percent to 10 percent of global annual sales worldwide through 2025. Even though hybrid and electric car sales have been on the rise in recent years, consumer demand could start waning. A tax credit aimed at making it more economical for Americans to plug in an electric car expired on Jan. 1. Consumers can no longer obtain $1,000 to install at home a 220-volt electric car-charging device. A $7,500 federal tax break given to those who purchase electric vehicles could also be on the chopping block as legislators seek more ways to balance the budget. Please read more from: http://www.huffingtonpost.com/2012/01/09/detroit-auto-show-buzz-for-electric-...
