Upwards We Continue to Go
Navigant Research predicts that the global plug-in vehicle market will grow by 86% in 2014.
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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