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.

Related Content

  • February 4, 2013
    Technology overcomes EV range challenges
    According to new analysis from Frost and Sullivan, Strategic Analysis of Global Market for Range Extenders, major challenges currently faced by the electric vehicle (EV) revolve around the inability to provide long range in a single charge as well as the lengthy charging times that can vary from thirty minutes to ten hours. This has limited the number of adopters for EVs. Range extender technology overcomes these challenges, strategically positioned to make strong gains in the EV market. Currently, the mark
  • August 23, 2012
    Global ADAS revenues to reach $460 Billion by 2020
    ABI Research is predicting that global advanced driver assistance systems (ADAS) revenues will surge from $22.7 billion in 2012 to $460.8 billion in 2017, with Asia-Pacific remaining the leading ADAS market throughout the forecast period. “Both commercial and regulatory drivers are expected to boost the ADAS market in the coming years,” says VP and practice director Dominique Bonte. “On the one hand, OEMs such as Ford have started rolling out ADAS features on medium to low-end cars in order to bolster their
  • June 16, 2016
    Electric vehicles accounted for largest share of hybrid and EV battery market in 2015
    According to research by P&S Market Research, the global hybrid and electric vehicle battery market is expected to grow at a CAGR of 20 per cent in terms of value during 2016-2022. The report, Global Hybrid and Electric Vehicle Battery Market Size, Share, Development, Growth and Demand Forecast, claims that, among the various applications, the electric vehicle segment accounted for the largest share (46.5 per cent) of the hybrid and electric vehicle battery market in terms of value in 2015. Electric vehi
  • June 25, 2018
    Cost benefit analysis ‘can’t be carried out with a cookbook’
    There is far more to working out the worth of a project than simply filling in a few headings on a spreadsheet. David Crawford surveys some recent thinking from the US and Canada. Cost benefit analysis (CBA) “can’t be carried out with a cookbook”, warns US analyst Professor Robert J Brent. “ You can’t just get out a spreadsheet and fill in the data for all the headings. Each transport CBA should have something that is distinctive, in terms of location (for example, for a rural area), types of user