Plug-In Electric Vehicle Sales to Reach 2.6 Million by 2022
The U.S. market for sales of plug-in electric vehicles is expected to approach 2.6 million units by 2022, according to Navigant Research.
The group notes that as the market for plug-in electric vehicles (PEVs) in North America matures, the highest rates of growth can be found in predictable places: California, New York, and Florida, which have among the highest gasoline prices in the United States.
Significant sales are also occurring, however, in more surprising locales, such as North Carolina and Texas.
“In both Canada and the United States, the market for plug-in electric vehicles is expanding rapidly as these vehicles become more widely available,” says David Alexander, senior research analyst with Navigant Research. “Overall, sales of PEVs in North America are expected to expand at a significantly higher rate in the next 10 years than that of the general light duty vehicle market.”
While PEVs were difficult to come by in certain states and provinces in previous years, the most popular models, the Chevy Volt and Nissan Leaf, are now available in all North American markets, and competitive vehicles are either available or soon to appear from many major automakers including Ford, Mercedes Benz, Toyota, Mitsubishi, Honda, Fiat, and Tesla.
This growth is supported, according to the report, by the increasing availability of charging infrastructure, which is helping to alleviate motorists’ range anxiety.
More info at: www.navigantresearch.com.
Category: Featured, General Update, Green, Vehicles
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
