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New models driving down electric car costs

2013-08-27 12:15:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: An increasingly competitive market has driven down the sticker price of leading electric vehicles by as much as 18 per cent of their 2012 price, overcoming one of the main barriers to ownership, analysts say. New research by Frost & Sullivan forecasts global sales will rise by 50 per cent as a result from 120,000 units in 2012 to between 170,000 and 190,000 this year. By 2018, it expects worldwide sales to top 2.7 million, as the market expands beyond business fleets to private ownership. "The...

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Category:Electronics and Electrical

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