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Plug In Drivers Not Missin' the Piston

This is the Kodak Moment for the Auto Industry. Electric vehicles are here to stay. Their market acceptance and growth will continue....

Tuesday, February 5, 2013

EV Sales Growing Slow & Steady

Will 2013 Nissan Leaf Price Cut Cause Sales To Soar?:

"Reuters--"Electric Cars Head Toward Another Dead End"--or a weekend report in The Detroit News entitled "Electric Vehicle Sales Sputter."

So, let's review.

Yes, the optimistic predictions of plug-in electric cars sales made by manufacturers two or three years before production and sales began have not been met.

Yes, electric cars will be a small portion of the market for several years to come.

Yes, battery-electric cars may be a smaller portion of the total than range-extended electrics and plug-in hybrids for years to come as well.

None of that negates the growth in sales: From a modest first-year level of about 17,500 plug-in electric cars sold in the U.S. in 2011, sales tripled last year."