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This is the Kodak Moment for the Auto Industry

Plug-In Drivers Not Missin' the Piston Electric vehicles are here to stay. Their market acceptance and growth will continue. Why?...

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."

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