Despite the billions of dollars automakers are currently investing in all aspects of electric vehicle development and associated technologies, the reality is that it's going to take time for a complete and total transition away from combustion engine vehicles. How long, exactly? It's impossible to predict an accurate number, but General Motors CEO Mary Barra has just provided what appears to be the most honest time frame assessment to date.
Speaking to Bloomberg Television's "Leadership Live With David Rubenstein," via Automotive News, Barra made clear American car owners will, eventually, go all-electric. "We believe the transition will happen over time," she said. Asked specifically if 20 years was a realistic time frame, she said "It will happen in a little bit longer period, but it will happen."
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