Late in June, a converted Le Mans prototype built by Drayson Racing set an FIA World Land Speed Record for an electric car. The sub-1,000kg (2,204lbs) electric racer reached a speed of 204.185 mph, but that was not the only development from the land-speed record run. A spectator of this demonstration was former Google CEO, Eric Schmidt, who confirmed that the search engine giant is investing heavily in research and development in the electric car industry.

 

According to an Autocar report, Schmidt says that he envisions the electric car being mainstream in 20 years, and that we are experiencing the beginnings of a new industry.

“History has proven that new technology thrives best in new companies,” said Schmidt. “The technology itself is simple, and the application of it is advancing quickly.”

http://news.boldride.com/2013/07/google-poised-to-enter-electric-car-industry/31988/
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