Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales
Green Car Congress
NOVEMBER 16, 2010
Two key drivers of EV adoption include climate concerns and oil prices. For example, South Korea faces worsening environmental issues. In contrast, plug-in hybrid electric vehicles (PHEVs) will be the largest category in Japan, which is expected to be the region’s second-largest market for all PEVs.
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