VW exec says 'tipping point is near' for electric vehicles
by LARRY P. VELLEQUETTE
Battery-electric price parity with internal combustion engines will be the tipping point that brings broad market acceptance for the emerging technology -- and that tipping point is closer than it may appear, said Reinhard Fischer, senior vice president for Volkswagen Group who heads strategy for VW brand in North America.VW's 12-brand group, which includes Audi, Porsche and Bentley, said in March it plans to introduce almost 70 full-electric models globally by 2028, accounting for 22 million battery-powered vehicles."I don't think it's going to take a lot of convincing," Fischer said. "There is a fundamental curiosity. Everybody sees the end state.
"When you put pencil to paper, owning a full-electric vehicle costs about half of what a gas car costs me to operate."