Plug-in Cars May Account for 22% of U.S. Auto Sales by 2030
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Plug-in cars such as Nissan Motor Co.’s Leaf model and General Motors Co.’s Volt could make up 9 percent of U.S. auto sales by 2020 and 22 percent in 2030, Bloomberg New Energy Finance said.
Achieving that level of growth depends on rising gasoline prices and the cost of batteries coming down, the analysis company said today in an e-mailed statement. The price of electric cars, higher than three-quarters of autos currently being sold, is the most significant limiting factor, it said.