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U.S. set to become largest electric car market in the world by 2020

With major manufacturers like Ford and General Motors increasingly offering hybrid and electric car options and dedicated manufacturers like Tesla Motors fully invested in electric vehicles, support in battery-powered cars is expected to rise this decade. Forecasts based on current changes in electric vehicle sales suggest that the United States will be the largest electric vehicle market by 2020.

Companies such as Tesla are helping to redefine the image of plug-in electric cars in North America.
Tesla Motors
The latest research predicts that with sales of 1.8 million vehicles a year by the end of the decade, North America will account for almost 50 percent of the global electric car market.

The new year has bought with it a host of positive reports surrounding the future electric vehicles. The latest, courtesy of Pike Research, suggests that plug-in electric vehicles (PEV) will continue to grow in popularity in US cities as the decade continues, leading to sales of 1.8 million in the largest 102 US cities by 2020.


“More than a quarter of all annual U.S. PEV sales will be in the top five metropolitan areas for PEV sales – New York, Los Angeles, San Francisco, Seattle, and Portland,” says senior research analyst Dave Hurst. “But thanks to a combination of positive attitudes towards green driving, high fuel prices, and state government support, California metropolitan statistical areas will account for more than one in five PEVs sold.”


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