Who's Resurrecting the Electric Car?

Big Oil and manufacturing interests may have killed the electric car in the early 1990s, but one major automaker promises to revive the idea -- and produce a fully electric car -- within a decade.

Reuters reports that Audi, the luxury unit of Volkswagen, sees great opportunities in electric cars and will offer automobiles with no exhaust emissions. Developing fuel-saving technology tops the agenda of Germany's car industry in an effort to fulfill stricter emission regulations and conserve fuel.

The race to build a reliable electric automobile is on: BMW has said it would decide this year whether to build an electric vehicle, while U.S. carmaker General Motors plans to roll out its Chevrolet Volt plug-in electric car in 2010.