HOW'S this for a prediction?
An Oxford University academic reckons that within 10 to 15 years no one will be producing cars that use an internal combustion engine as their power source.
Malcolm McCullough is an associate professor at the esteemed college of higher learning and he told a symposium on electric cars held in Wellington recently that he reckons all cars will be electric-powered within that timeframe.
By electric, he means battery-powered. His argument is based on the theory that the price of batteries is coming down much quicker than anticipated.
We won't go into the hefty detail but Prof McCullough says, by industry reckoning, once the price of a battery gets below US$150 per kilowatt hour then it is cheaper to make electric cars than petrol-driven ones. Importantly, that threshold is on track to be reached within a couple of years.