How long is it going to take electric vehicles to really influence the market?



  1. 0 Votes

    The popularity and potential of electric vehicles has grown immensely over the past several years with several models scheduled for full production by 2012 (Toyota, Renault). However, there are still many obstacles to overcome, mainly with regards to cost and infrastructure needs, primarily recharging stations. That being said, conservative estimates predict that electric vehicles will account for only .6% of vehicles by 2020 while aggressive reports estimate 10%. This huge range shows the unpredictability associated with this new technology.

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