Skip to main content

Plug-in EV sales expected to grow by 62 per cent in US in 2016

A new report from Navigant Research assesses plug-in electric vehicle (PEV) sales and populations in the United States and Canada, providing detailed geographic breakdowns of PEV sales and scenario-based forecasts. During the next few years, significant growth is expected in the North American PEV market. In 2016, growth will be driven by sales of the Tesla Model X, the second-generation Volt, and by the introductions of the Chevrolet Bolt 200-mile range battery electric vehicle (BEV), the Prius Prime pl
July 8, 2016 Read time: 2 mins
A new report from 7560 Navigant Research assesses plug-in electric vehicle (PEV) sales and populations in the United States and Canada, providing detailed geographic breakdowns of PEV sales and scenario-based forecasts.

During the next few years, significant growth is expected in the North American PEV market. In 2016, growth will be driven by sales of the Tesla Model X, the second-generation Volt, and by the introductions of the Chevrolet Bolt 200-mile range battery electric vehicle (BEV), the Prius Prime plug-in hybrid electric vehicle (PHEV), and the 4962 Mitsubishi Outlander PHEV later in the year.

“The long-range BEV under US$40,000 is a marked achievement in the industry,” says Scott Shepard, senior research analyst. “This development is expected to significantly increase PEV adoption past the one per cent penetration rate it has struggled to surpass in all but a few markets.”

Since the PEV market launched in 2011, sales have been concentrated on the US West Coast, but a group of eight north-eastern states is likely to see PEV sales increase considerably as automakers stress BEV deployments and marketing efforts to comply with the region’s mandates for PEV production. According to the report, PEV preferences vary significantly by U.S. region, and consumers in the Northeast appear to demand significantly higher vehicle capabilities and range requirements.

The report, Electric Vehicle Geographic Forecasts, provides an update to the model results published in Navigant Research’s Electric Vehicle Market Forecast report, with a specific focus on North America. The study assesses PEV sales and populations in the United States and Canada and provides detailed geographic breakdowns of PEV sales by U.S. state, core based statistical area (CBSA), Canadian province, and Canadian census metropolitan area (CMA). Forecasts are provided under three scenario conditions (conservative, base, and aggressive), alongside results from Navigant Research’s annual Electric Vehicle Consumer Survey.

For more information on companies in this article

Related Content

  • Virginia presses ahead with tunnels upgrade despite tolls challenge
    July 30, 2013
    David Crawford reviews current developments and legal/financial issues facing tunnel management in Virginia. This autumn the Virginia Department of Transportation (VDOT) in the US will defend its plan to introduce tolling on the Elizabeth River tunnels linking the cities of Norfolk and Portsmouth in the State’s Hampton Roads area. The tolling, which is due to start from February 2014, will be examined by the State’s Supreme Court later this year. The anticipated toll income, along with loans and bonds, is
  • Windsor is first North American city to launch BYD all-electric buses
    May 8, 2012
    Windsor Mayor Eddie Francis has signed a letter of intent to purchase up to 10, BYD 40-foot electric buses for city transit services in 2012, the first city in North America to launch long-range, all-electric buses. The agreement also opens talks to bring manufacturing of BYD buses to the Ontario region in the near future. Transit Windsor has the unique distinction of running in Canada as well as in Detroit, making this launch one that serves on both Canadian and United States’ roads.
  • Global intelligent transportation systems market forecasts to 2016
    March 14, 2014
    Research and Markets’ latest report, Global Intelligent Transportation Systems Market - Forecasts to 2016 finds that one of the main trends witnessed in the global intelligent transportation systems market is the increasing Government initiatives. For instance, the US Department of Transportation is planning to conduct a real-world test of smart vehicles. This test will include vehicle-to-vehicle and vehicle-to-infrastructure communication. In addition, under the Pennsylvania Community Transportation Initia
  • US$144 billion market forecast for multi-motor electric vehicles
    July 10, 2014
    The latest Electric Motors for Hybrid and Pure Electric Vehicles 2015-2025: Land, Water, Air report from IDTechEX finds that a US$144 billion market awaits in 2025, boosted by 8.9 million extra motors for multi-motor vehicles, most of them land vehicles - particularly cars - with industrial-commercial vehicles following close behind. Primary author Dr Peter Harrop notes, "Nevertheless, largest profit may be made in military and other segments. In some segments you are likely to be competing with your cus