1 million plug-ins by 2015, analyst says

  • 05-Apr-2011 03:25 EDT

Sold in Japan since 2009, the Mitsubishi i, a full-electric vehicle, is slated for a November 2011 U.S. introduction.

Pike Research predicts sales of full and partial electric vehicles will cross the 1 million mark by 2015. Among the two types of plug-in electric vehicles, battery-electric vehicles (also called pure or full electric vehicles) will have the edge on a worldwide basis with 56% of total plug-in sales in 2015. BEVs will be especially popular in the Asia Pacific region, which will represent more than half the total global market, as well as in Europe, according to Pike. The clean-tech market intelligence firm anticipates that plug-in hybrid electric vehicles will be the clear choice in the U.S. and Canada due to their extended driving range and gasoline engine fallback option. In those markets, plug-in hybrids will account for 71% of all EV sales in 2015.

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