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Strong Sales, Market Traction, Lower Battery Costs Highlight New EV Report

Plug in Electric Vehicle (PEVs) in their first 2 ½ years on the market have seen about double the sales of hybrid electric vehicles 2 ½ years after they made their debut in 2000, according to a new report.

An Electrification Coalition and Price Waterhouse Coopers study, “State of the Plug-in Electric Vehicle,” finds that PEVs — including Tesla’s Model S, GM Chevy Volt, and the Nissan Leaf — have dominated EV sales. More than 110,000 plug-in vehicles have been sold since January 2011. EV sales in 2013 alone have increased 100% in the first half of 2013, compared to the first six months a year earlier.
More cleantechnica.com

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