Navigant Research has released a report that predicts annual US plug-in electric car sales for 2024. The forecast is based on the anticipated growth of battery prices over coming years, and assumes all new cars will be fully electric. While PEVs today represent a marginal increase in load for utilities, according to the report, PEV concentration in metropolitan areas is expected to push utilities to develop strategies for load mitigation in concert with regulatory authorities. While regional sales are concentrated in California, where both state incentives and a mandatory Zero Emissions Vehicle (ZEV) Program drive PEV penetration, the market is expected to continue to grow in other states and Canada. According to a new report from Navigant Research, North American PEV sales are expected to exceed 1.1 million annually by 2024."Further details of the report can be found from the link below.
Navigant Research has released a report that predicts annual US plug-in electric car sales for 2024. The forecast is based on the anticipated growth of battery prices over coming years, and assumes all new cars will be fully electric. While regional sales are concentrated in California, where both state incentives and a mandatory Zero Emissions Vehicle (ZEV) Program drive PEV penetration, the market is expected to continue to grow in other states and Canada. According to a new report from Navigant Research, North American PEV sales are expected to exceed 1.1 million annually by 2024."Further details of the report can be found from the link below.