28 Sep '11, 12am

Pike Research says annual sales of plug-in vehicles in U.S. will hit 358,959 by 2017

Pike Research says annual sales of plug-in vehicles in U.S. will hit 358,959 by 2017

Electric Vehicle Penetration Rates to be Highest in Smaller States September 23, 2011 Sales of plug-in electric vehicles (PEVs) are expected to accelerate rapidly over the next several years, posting a compound annual growth rate of 43% between 2011 and 2017, with annual sales reaching almost 360,000 vehicles by 2017. Adoption of PEVs will vary significantly by geography. Unsurprisingly, the most populous states will see the highest sales, with California, New York and Florida recording the highest PEV sales over that same period. As a percentage of total vehicle sales, however, smaller states will lead the way. According to a recent report from Pike Research, Hawaii, Oregon, Washington, D.C., and Delaware will all be among the top states for PEV penetration. Hawaii, which typically has among the highest gas prices in the nation, will be the top state, with PEVs representi...

Full article: http://green.autoblog.com/2011/09/27/pike-research-says-a...

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