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
In the US, the National Highway Traffic Safety Administration (NHTSA) defines NEVs as low-speed vehicles (LSVs) that are limited to 25 mph (40 km/h) and to roads with a speed limit of 35 mph. Top speed is 45 km/h (28 mph). Because of the solid separator in AGM batteries, they are considered to be sealed valve-regulated lead-acid (VRLA) batteries. Annual worldwide NEV sales by region, 2011–2017. Source: Pike Research. Click to enlarge.