JATO Dynamics: 2016 will be record year for plug-ins with global sales in excess of 700K units; China to begin dominating the market
Green Car Congress
NOVEMBER 17, 2015
By 2022, the Chinese market is expected to account for half of global sales—almost 1.5 Japan (85,000), South Korea with (35,000) and India (19,000) will lag some distance behind as growth in these markets is expected to be steady rather than explosive. The report projects annual EV sales in Europe of 500,000 units by 2019.
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