Electric Cars to Make 7 Percent of Light Vehicle Market by 2020

Worldwide sales of light-duty hybrid and plug-in electric cars will reach 6.6 million units annually in 2020, representing almost 7% of the total light-duty vehicle market, according to a new report by Navigant Research. Navigant’s prediction is based on several factors. Falling prices are driving demand for electric cars. The cost of battery packs, which can […]