Branson’s 15-year electric vision
Richard Branson believes that all cars could be electric within just 15 years.
The British entrepreneur said, ‘Fifteen years from now, I suspect every car on the road will be electric. If governments set the ground rules and for instance said, ‘more than 50% of cars must be battery-driven in 10 years and 100% in 15 years,’ we could make that happen.’
Richard Branson continued, ‘It will be great fun and really challenging to do. The cars would be much more efficient – they’re not going to keep on breaking down and battery technology will get better and better.’
More than a million electric cars have been sold to date, but that still represents just 0.1% of all cars on our roads. However, the Electric Vehicles Initiative predicts that figure could rise to 20 million by 2020, providing a global market share of 1.7%.