Global Plug-In Electric Vehicle Sales Predicted to Grow by 86% in 2014

JAN 17 2014 BY ERIC LOVEDAY 10

Upwards We Continue to Go

Upwards We Continue to Go

Navigant Research predicts that the global plug-in vehicle market will grow by 86% in 2014.

Globally, Which EV Will Rack Up the Most sales in 2014?

Globally, Which EV Will Rack Up the Most sales in 2014?

That growth will result in 2014 sales of plug-ins exceeding 346,000 units in 2014 alone.

If this prediction holds true, then Navigant says there will be more than 700,000 plug-in vehicle on roads around the world by the end of this year.

Navigant says that growth in the plug-in market for 2014 will largely be driven by dozens of new entrants, including vehicles from Audi, BMW, Cadillac, Mercedes-Benz, Saab, Volvo, Kia, Mahindra, Škoda, and Volkswagen.

As for the continents that will fuel growth, Navigant says it’ll continue to be North America, Europe and Asia.

Source: Green Car Congress

Categories: General, Sales

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10 Comments on "Global Plug-In Electric Vehicle Sales Predicted to Grow by 86% in 2014"

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Rob Stark

Cadilllac hopes it can move 5k ELR units.

That is a large dent into the 346,000 units.

brotherkenny

Sales are production limited (in some cases intentionally) and thus yes, the new entrants will largely account for the growth in sales.

Jouni Valkonen

Tesla will sell most if sales are counted in dollars. And dollar sales should matter most.

Suprise Cat

Mitsubishi can beat Tesla.

offib

Definitely, if The Netherlands still loves the Outlander PHEV as it did last year and that there’ll be enough built to be warmly welcomed in other European markets.This year will also reveal how the price cut of 2014 i-MiEV will behave and Mitsubishi could overtake Nissan in yearly sales (if the e-NV200 is a bit slow). Utterly unrealistic and best case scenario for Mitsubishi is 30,000 units sold per year as that’s how many batteries the manufacturer can produce when production starts in April, though that shouldn’t be expected as neither Mitsubishi, Citroen or Peugeot have revealed the new MSRP for the European triplets.

miles

Except in Australia with a technologically & mental defective government who is anti-technology and doesn’t believe in climate change.

offib

It must sting, won’t it? Just when it starts to speed up, that happens. Don’t be too glum, it might be a different story when the Model S and Outlander PHEV arrives. Australia is a lot like Canada in many ways (many good and recently politically bad), sales rose (I think) 50% in 2013, and that’s with that bloody oil cheerleader Harper in office.

Just_Chris

Not as much as it stings to be a Canadain – 5th hgihest litium reserves, 8th biggest producer, that’s not the stinger though, if Wikipedia is to be believed you produce nearly half as much lithium as Portugal and only 2% more than the industrial powerhouse that is…… ZIMBABWE!

You couldn’t make this stuff up, rather than exploiting its highly valuable reserves of lithium and fostering an industry that could harness the massive abundance of clean renewable domestic hydro-power Canada choses to buy American gas that it combines with the stuff most the the developed world uses to make roads to sell to China with a wafer thin margin.

I am not sure if this is really the case, I know very little about Canada but at least on the very surface it appears they are doing something very stupid.

Just_Chris

Australia has the 3rd highest global reserves of lithium and is currently the 2nd biggest producer globally. I am not sure how anti EV the government will remain when it starts to see growth in the mining sector (I don’t think they are all that anti ev now, more unaware than anti) . It is also importing increasing amounts of oil which is going to be really noticable as the Aus dollar weakens.

Malcolm Scott

Hear Hear! However, it’s not only a government (and State gov’ts) in the pockets of the climate makers (fossil fuel industry) as evidenced by their decisions to ignore science and continue to plunder with new coal and gas development and infrastructure approvals, the public seems unprepared to commit to doing much either. Australian EV sales for last year was about 240 vehicles, in a total market of 1.14 million (0.02%). If that is not stunning enough, the total for hybrid sales was only about 24,000 (2%).