Mexican Media Brands
U.S. Demand for EVs Rose in 2014
Analysts have been saying that low fuel prices are hurting sales of electric vehicles in the U.S.
#hybrid
Share
Analysts have been saying that low fuel prices are hurting sales of electric vehicles in the U.S. But that wasn't so in 2014, the Detroit Free Press points out.
2016 Chevy Volt concept
The newspaper cites data showing that U.S. demand for all-electric cars surged 31% to 55,900 units in January-November 2014. Sales of plug-in hybrids climbed 17% to 51,500 vehicles over the same period.
But LMC Automotive insists to Automotive News that EV sales will dip slightly in 2015 to 60,000 units from an estimated 61,000 last year. The reason: Carmakers will shift their EV focus to California, which has mandated a 3% sales ratio for electrics, and reduce efforts to promote demand for such vehicles in other American markets.
Longer term, LMC and many other analysts agree, America's 2025 fuel economy requirements are forcing manufacturers to continue investing in EVs and promoting their sale regardless of demand.
RELATED CONTENT
-
Aluminum Sheet for EV Battery Enclosure
As the number of electric vehicles (EVs) is about to increase almost exponentially, aluminum supplier Novelis is preparing to provide customers with protective solutions
-
Audi e-tron to Get September Reveal
Audi AG will take the wraps off its first electric vehicle, the all-new e-tron crossover, on Sept. 17 in San Francisco.
-
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.