Published

LMC Automotive's EV Outlook

Global sales of all-electric cars will top 1 million units this year for the first time, says Jeff Schuster, president of global vehicle forecasting for LMC Automotive.
#hybrid

Share

Global sales of all-electric cars will top 1 million units this year for the first time, says Jeff Schuster, president of global vehicle forecasting for LMC Automotive.

U.S. demand in 2018 will reach at least 180,000 EVs across 17 models, according to Schuster. He predicts that by 2025 there will be 120 all-electric available, enough to push sales to at least 650,000 units.

Schuster says demand is likely to surge by 2025 as prices drop to parity with piston-powered cars and charging times become comparable with those of a traditional fill-up.

Click HERE or visit lmc-auto.com to learn more about LMC Automotive.

RELATED CONTENT

  • Bolt EV: Like a Hammer Through a Screen

    Some of you may remember the Apple “1984” commercial that ran on January 22, 1984, the ad that announced the Macintosh to the world.

  • About the 2020 Lincoln Aviator

    Successful vehicles tend to be those that are available on a global basis, and increasingly, those vehicles tend to be in the SUV segment writ large.

  • On Military Trucks, Euro Car Sales, Mazda Drops and More

    Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.

Gardner Business Media - Strategic Business Solutions