Annual Plug-in Electric Car Sales to Cross the One Million Mark by 2015

Electric Car News | admin | March 29, 2011 at 4:35 am

Pike Research has released a market research report on future sales of plug-in hybrid and all-electric cars, indicating the annual sales of plug-in electric cars will cross the one million mark worldwide by 2015.

Pike forecasts that among the two types of plug-in electric cars, all-electric cars will have the edge on a worldwide basis with 56% of total plug-in sales in 2015. Electric cars will be especially popular in the Asia Pacific region, which will represent more than half the total global market, as well as in Europe.

In the United States and Canada, on the other hand, the cleantech market intelligence firm anticipates that plug-in hybrids will be the clear choice due to their extended driving range and gasoline engine fallback option. In those markets, plug-in hybrids will represent 71% of all electric car sales in 2015.

Pike Research’s report, “Plug-in Electric Cars”, analyzes opportunities and challenges in the emerging market for PHEVs and BEVs. The report provides a comprehensive examination of electric drivetrain and battery technology, advanced battery research, government incentives and regulations, and key drivers of market growth.

The study includes detailed lists of expected cars coming soon, forecasts through 2015 for light duty car sales and production, hybrid, plug-in hybrid, and battery electric cars in world regions, as well as car segments and selected manufacturers for the United States.