Plugin/Electric Car Sales to grow 40% per year through 2020 – Pike Research says
This is an interesting article in the NY times By CHRISTOPHER SCHUETZE that highlights the Pike Report. This is what we are seeing as well and really huge news that is under reported. What industry wouldn’t you invest in that is nearly guaranteed that type of growth over the next decade?
It sure feels like we are getting closer and closer to that tipping point. We think it will happen much faster than the decade or more it took for regular hybrids and we bet will greatly overtake hybrids.
The reason is that value proposition is completely changed. Now, your not just getting a little bit better fuel economy, you kiss gas goodbye and overall costs are so much lower.