article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Finally, EV prices have been steadily decreasing over the past few years, but they may not be falling as quickly as once predicted, as the decline in EV battery costs is set to slow its pace. last month, but battery electric vehicle sales decreased by only 58.1%. More eco-conscious markets will help EVs to emerge stronger.

Economy 52
article thumbnail

The Race to Plug-In Hybrids Is On

Green Cars News

A key goal of the Obama administration is to have one million ‘PHEVs’ or a fully electric vehicle on the road by 2015.

Plug-in 39