Global Forecasts for Light Duty Hybrid, Plug-In Hybrid and Battery Electric Vehicle Sales and Vehicles in Use: 2014-2023

Summary

According to Navigant Research, 2.4 percent of all new vehicles sold by 2023 could be plug-ins. Luxury brands are said to lead this trend, as they are increasingly focusing on EV development and could already make up 50 percent of all EV sales by 2018.