The automotive industry is going through a period of significant
change, with the transition from fossil fuel-powered vehicles to
electric and hybrid ones.
In the U.K., for example, uptake of electric cars has risen rapidly: the registration of totally electric cars in September 2014 rose by over 180 percent compared to September 2013, according to the Society of Motor Manufacturers and Traders.
For those in the burgeoning electric car industry, the days of gas-guzzlers are numbered. "I think people will look back on this era in the same way we look back on the steam engine," Elon Musk, Founder and CEO of Tesla Motors, has said. "It's quaint and we should have a few of them around in the museum, but it's not how people will drive," Musk added.
Read more: The end of gas-guzzlers?
In the U.K., for example, uptake of electric cars has risen rapidly: the registration of totally electric cars in September 2014 rose by over 180 percent compared to September 2013, according to the Society of Motor Manufacturers and Traders.
For those in the burgeoning electric car industry, the days of gas-guzzlers are numbered. "I think people will look back on this era in the same way we look back on the steam engine," Elon Musk, Founder and CEO of Tesla Motors, has said. "It's quaint and we should have a few of them around in the museum, but it's not how people will drive," Musk added.
Read more: The end of gas-guzzlers?
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