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

  • Almost ten per cent growth predicted for road safety market by 2021
    November 3, 2016
    According to a new market research report "Road Safety Market by Solution (Red Light Enforcement, Speed Enforcement, Incident Detection System, Bus Lane Compliance, and Automatic License Plate Recognition), Service (Consulting & System Integration and Risk Assessment) - Global Forecast to 2021", published by MarketsandMarkets, the road safety market is estimated to grow from US$2.60 billion in 2016 to US$4.06 billion by 2021, at a compound annual growth rate (CAGR) of 9.3% during the forecast period. The
  • The Canadian way
    July 16, 2012
    Delcan has developed an ITS project evaluation methodology for Transport Canada. Victor Bruzon explains how it will assist in selecting and managing programmes. ITS projects offer a cost-effective solution for many transportation problems. Individual projects are often not evaluated and such evaluations can be restricted by limited data, the ability of ITS to affect only a portion of the transport network, and by evaluation methodologies that were developed with more traditional transport investments in min
  • Survey finds varied autonomy and safety technology preferences for new vehicles
    August 4, 2017
    New research on consumer preferences for full autonomy in new vehicles finds the technology is not yet popular among a broad audience, according to analysts at IHS Markit. Ironically, the same audience ranked it among the very features they would be willing to pay the most for in their next new vehicle purchase. Blind spot detection ranked highest as the most desired features among all audiences, young and old, and propensity to pay for it varied by region, with the US respondents reporting they would be wi
  • Connected car devices market predicted to grow at 16.3 per cent by 2021
    April 6, 2017
    The latest research report from MarketsandMarkets indicates that the connected car devices market is projected to grow at a CAGR of 16.3 per cent from 2016 to 2021, to reach US$57.15 Billion by 2021. Some of the major factors responsible for the growth of the market are government regulations for safety and increasing electrification of vehicles. Connected car devices with dedicated short range communication (DSRC) as connectivity use short range communication technologies such as radar and Lidar, which