Plug-in electric vehicles to hit 3.2 million by 2015

Summary:Plug-in electric vehicles, which include autos with batteries only and hybrid plug-ins, will hit the 3.2 million unit mark by 2015, according to Pike Research.

Plug-in electric vehicles, which include autos with batteries only and hybrid plug-ins, will hit the 3.2 million unit mark by 2015, according to Pike Research.

Given that electric vehicles (EVs) are just about to land, Pike Research gives us a nice over/under number. Will 3.2 million units by 2015 be high or low in terms of EVs?

Pike Research makes the following points in its report:

  • Automakers will mass market EVs to drive units;
  • Consumers will see the benefits of EVs;
  • Smaller EVs---cars and SUVs---will dominate the market;
  • China will have the largest EV market with more than 880,000 autos sold by 2015, good for 27 percent of the global market;
  • The U.S. will have the second largest EV market with 841,000 vehicles sold by 2015.

The Chevy Volt and Nissan Leaf will kick off the EV marketing to consumers. We'll see how EV momentum builds.

Related:

This post was originally published on Smartplanet.com

Topics: Innovation

About

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CN... Full Bio

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