Japanese automaker Nissan’s CEO Carlos Ghosn said that consumer demand for electric vehicles in the US might exceed President Obama’s target of one million plug-in models by 2015. Speaking his mind, Mr. Ghosn said, “There is absolutely no reason that you will not have much more than 1 million cars in the U.S. before 2015.”

He predicted that electric cars would account for about 10 per cent of global sales by 2020.

Mr. Ghosn claimed that around 8 per cent of US customers said in a survey that their next vehicle would be an electric car.

Mr. Ghosn was speaking on the occasion of kicking off company’s electric car Leaf’s US tour, which aims at convincing people about new vehicle’s worth.

He also assured that the new battery-car will cost almost the same as a similar-size gasoline-powered car. But, consumers will have to bear a separate monthly fee to lease the Leaf’s lithium-ion batteries.

Nissan’s Leaf is expected to hit the US, Japanese and European markets by the end of next year.