Pike forecasts NEV market to remain small, although with double the growth rate of light-duty vehicles to 2017
Green Car Congress
JUNE 16, 2011
The US currently offers federal tax incentives of 10% of the purchase price up to $2,500. Pike notes that essentially all NEVs use deep cycle lead-acid batteries due to their lower cost of between $100 to $200 per kWh. Private consumers in North America are typically older, and use the NEV as a second or third vehicle. Technology.
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