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UK: 20% of cars to be electric by 2020 – Reilly

The automotive industry’s future lies with electric vehicles, according to Nick Reilly, president of GM Europe. By 2020, 20% of all cars will be electric or hybrid, he declares. His prediction, which tops other forecasts, relies on battery advances and falling costs. Two years ago, GM forecast costs would drop by 50% It’s time to … Continued

The automotive industry’s future lies with electric vehicles, according to Nick Reilly, president of GM Europe.

By 2020, 20% of all cars will be electric or hybrid, he declares. His prediction, which tops other forecasts, relies on battery advances and falling costs.

Two years ago, GM forecast costs would drop by 50%

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