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22 Nov 2009 HEADLINE


Electric Car Adoption Will Be Gradual, Says Ghosn



Source: AP
Class: SYNDICATED NEWS

SYNOPSIS: Demand from rising economies like China and India will help lift demand for electric cars.

NEW YORK — The head of the Nissan-Renault alliance said Thursday that customers' adoption of electric vehicles will be a slow and gradual process, with traditional gasoline-powered cars continuing to dominate the market for many years.

Carlos Ghosn predicted that about 10 percent of vehicles sold worldwide in 2020 will be powered by electricity. The rest will be powered by gasoline, diesel, hybrids and other fuel sources.

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