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Plug-in electric cars could represent over 20 percent of the car market by 2030
(10/11/2010)

According to Bloomberg New Energy Finance, plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively). Achieving such growth levels, however, will be dependent on two key factors - aggressive reductions in battery costs and rising gasoline prices. In the short term, price will be the most significant limitation to the uptake of both plug-in hyb... [more]

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