24 Aug '11, 4pm

Pike forecasts electric vehicle charging station installations to reach 7.7M worldwide by 2017; price drops of 37%

Pike forecasts electric vehicle charging station installations to reach 7.7M worldwide by 2017; price drops of 37% 24 August 2011 Total EV charging station unit sales by region, world markets: 2011-2017. Source: Pike Research. Click to enlarge. A new report from Pike Research forecasts that by 2017 more than 1.5 million locations to charge vehicles will be available in the United States, with a total of 7.7 million locations worldwide. This figure does not include standard electric outlets that have been placed near parking spots; only equipment with safety features for plugging in of PEVs is considered in the report. The firm anticipates that increasing demand for charge points will be driven in part by a rapid decline in electric vehicle supply equipment (EVSE) prices, which will require manufacturers to adapt their business models as volumes continue to increase. Sales ...

Full article: http://www.greencarcongress.com/2011/08/pikeevse-20110824...

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