EVObsession logo

Connect with us

Hi, what are you looking for?

100% Electric Vehicles

Report: North American’s EV Market Expected To See 62% Year-On-Year Growth In 2016

The North American plug-in electric vehicle market is expected to experience year-on-year growth of around 62% in 2016 — bringing sales numbers up to around 200,000 — according to a new report from Navigant Research.

The new report — Electric Vehicle Geographic Forecasts — also notes that, while electric vehicle (EV) sales in North America to date have been focused around the West Coast, sales numbers in the Northeast are expected to grow rapidly in the near future.

2015 Chevrolet Bolt EV Concept all electric vehicle – glass roThe report singles out the Tesla Model X, the Chevy Bolt, the Toyota Prius Prime (a coming plug-in hybrid), and the Mitsubishi Outlander PHEV as models which will likely drive sales growth in 2016 in North America.

“The long-range BEV under $40,000 is a marked achievement in the industry,” commented Scott Shepard, senior research analyst. “This development is expected to significantly increase PEV adoption past the 1% penetration rate it has struggled to surpass in all but a few markets.”

The press release for the report notes that, since the “launch” of the US electric vehicle market back in 2011, “sales have been concentrated on the US West Coast, but a group of eight Northeastern states is likely to see PEV sales increase considerably as automakers stress BEV deployments and marketing efforts to comply with the region’s mandates for PEV production. According to the report, PEV preferences vary significantly by US region, and consumers in the Northeast appear to demand significantly higher vehicle capabilities and range requirements.”

Those interested in taking a look at an Executive Summary of the report — which “assesses PEV sales and populations in the United States and Canada and provides detailed geographic breakdowns of PEV sales by US state, core based statistical area, Canadian province, and Canadian census metropolitan area” — can find one here.

Via CleanTechnica

 
Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy. You can follow his work on Google+.

Comments
Advertisement
Advertisement

Free electric vehicle news daily

Advertisement

You May Also Like

100% Electric Vehicles

After a steep drop from the Tesla Model S, the BMW i3 is the most expensive electric car on the US market (just slightly...

100% Electric Vehicles

This article is also being published on EV Obsession and EV Sales. The Chinese market had more than 34,000 new EVs zooming the streets last...

100% Electric Vehicles

Electric car cost vs gas car cost is a perennial issue of discussion. Of course, the result keeps changing, and the options for comparison...

100% Electric Vehicles

An interesting new interactive infographic detailing the Tesla Model S was recently brought to my attention, and seems very much worth sharing here. The...