March 20, 2015

...AND CHEAPER...:

Branson: Virgin might make an electric car (Peter Valdes-Dapena and Rachel Crane, 3/20/15, CNNMoney)

"Virgin Racing has shown that electric cars can be sexy," Branson said "That's where you start, and then you create cars for twenty-five, thirty thousand dollars for everybody."

There are electric cars on the market now that cost $30,000 or less such, as General Motors' (GM)Chevrolet Spark EV and Daimler (DDAIF)'s Smart Electric Drive. But both of them are small hatchbacks that it would be difficult to describe as "sexy." Branson hinted his companies might enter the race to make a popular electric car.

Posted by at March 20, 2015 4:00 PM
  

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