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
While moderate in terms of volume, the growth rate for NEVs will double that of the light-duty vehicle market during the same period, Pike notes. The rise in gas prices, the aging population, and the increase in master planning and community density all point to trends that will encourage NEV adoption. between 2011 and 2017.
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