World Is On Track For 1 Million Plug-in Sales By September

world news  %tages World Is On Track For 1 Million Plug in Sales By September If plug-in electrified vehicle fans need a excellent reason to throw a party, how in this area the fact that the one-millionth PEV worldwide is expected to be sold by mid next month?
This is based on 910,000 cumulative sales through June 2015 of plug-in hybrids and all-electric cars since these vehicles first came on the scene. Global sales are now cooking along at a rate of 40,000 per month and climbing, but it’s been a long time coming.
What started with dinky modest cars bought only in the hundreds annually by forward-thought adopters two decades ago up-shifted to superior volumes last decade when Tesla and others came along, then took off starting in 2010 and is still accelerating.
A global sales spike of 729 percent in 2011 over a handful in 2010 saw volume
rise to around 50,000, then in 2012 over 110,000 or 150 percent more were sold. In 2013 a 70-percent increase witnessed around 200,000 annual units, and 2014 saw over 300,000 or 53 percent progression.
At the present rate 2015 could have over 400,000 sales, and positive pressures outweighing negative continue, as does now innovation and rising serious efforts by numerous automakers.
U.S. Still A Leader
For the first half of this year, just in this area 200,000 PEVs were bought in the 20 top countries, with the lion’s share being by less half that many nations.
The U.S. remains the leading consumer of plug-in vehicles but its lead is slipping, as is Japan’s. Meanwhile Europe for the first time as a whole topped the U.S. market.

In December the U.S. held down 41 percent of the world’s total PEV sales but by June 2015 it had declined to 38 percent. With 53,944 PEVs sold in the first half of the year, its cumulative total grew to 345,276 and this has really now crossed 350,000 in July. This means the U.S. is reliable for one-third the global total.
On a percentage basis but, the U.S. is not as impressive as other nations. Annually, the U.S. buys 16.5 million passenger cars and trucks and its PEV market share fell from 0.71 percent in the first half of 2014 to 0.64 percent in 2015.
SEE ALSO: European Plug-in Sales Leap Ahead of US For The First Time
Battery electric vehicles increased U.S. market share while plug-in hybrids declined significantly from 0.36 percent to 0.22 percent.
Analysts have existing several reasons among a mish-mash of variables trying to account for what is going on in U.S. sales. The headline news is gas prices dropped, and so patrons making long-term vehicle buys changed back to more SUVs and trucks based on small-term news of cheap fuel.
If gas prices spike back up, it’s predicted the reactive public may budge back to fuel misers of one form or another.

Beyond this, the market is still new, and models like the Model S, Volt and Leaf have done relatively well but not been a home run success to break out of a limited sales volume range. And now new models pending including 200-mile range EVs replacing 80-some mile EVs for the same price may also have a chilling effect for some.
Incentives and positive news diverse with dire reports that electrified cars are not as green as claimed by certain publications have also seeded the public with conflicting messages. Surveys show mainstream buyers may entertain misconceptions and have only fuzzy comprehension of the actual value proposition and benefits afforded by a PEV, and contradicting tales have thus had a stalling effect among some.
SEE ALSO: Are Patrons Being Manipulated By Anti-Electric Car Propaganda?
The strongest push for the U.S. and all global markets is generally agreed to be mpg and emission regulations. These are forcing automakers to develop and market new vehicles, and respective government agencies are also actively promoting them.
This, say advocates, is not without reason with concerns over energy security, and climate change, but meanwhile other countries are long-suffering plug-in vehicles on a higher percentage basis.
According to global sales tracker Mario R. Duran, who compiled data used in this report, five nations now have over one-percent market share.
These are: Norway (22.8 percent ), the Netherlands (5.90 percent), Sweden (2.01 percent ), UK (1.03 percent ), and France (1.00 percent).

In 2014 only three countries – Norway, Netherlands and Sweden – were over one percent, so we see a budge.
Additional, five nations were also noted for sales progression over 50 percent. These are the UK (247.2 percent), China (185.8 percent ), France (86.7 percent ), Germany (67.3 percent ) and Norway (66.4 percent).
Europe and China are growing quick this year, observes Duran, and the U.S. and Japan have continued “in the red” relative to previous performance.
Not counted, but worth a mention are heavy duty PEVs being pushed in China.
“China is the absolute king in heavy-duty PEV sales, with over 22,000 during the first half of 2015, and 53.7K cumulative sales,” observed Duran of mainly all-electric buses.
And, the huge depiction worldwide is PEVs are on the rise, and the real progression has been this decade.
So, if you want to have a Million PEV Party, sometime in the first or second week of September ought to be a safe guess to schedule it.

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