Beyond 2025, battery and fuel-cell vehicles could simply become the best way to design and engineer a light-duty vehicle.
These are not the words of Elon Musk or some overzealous treehugger. These are the words of Lawrence Burns, the former corporate vice president for R&D at General Motors (NYSE: GM)
Lawrence, who now works as an advisor for Google (NASDAQ: GOOG) and Allstate, is bullish on electric cars. And not because of new climate regulations or pollution controls.
“Set aside all the motivations with climate change, oil dependence—it’s just a better way to do a car. It’s simple.”
Full article here: http://www.wealthdaily.com/articles/only-invest-in-car-companies-that-build-electric-cars/8040