Pike Research unveils its latest report titled, “Electric Vehicle Geographic Forecasts”, which supplies statistical data and estimates for the plug-in electric vehicle (PEV) market in the USA at the metropolitan and state levels. The report presents sales estimates from 2011 to 2017 with details of study on major trends and estimates at every geographic level.
According to the report, the plug-in electric vehicles (PEVs) sales is anticipated to witness an increased level of growth during the ensuing years demonstrating an yearly combined growth rate of 43% for the period 2011 to 2017 and the yearly sales of vehicles is anticipated to reach 360,000 by 2018. The report finds that the acceptances of PEVs will differ considerably between geographical locations and expects it will be more in states such as Florida, New York and California.
It finds that percentage of PEVs penetration will be more in smaller states such as Delaware, Washington, D.C., Oregon and Hawaii. It finds that Hawaii, which pays more for the gas will lead the list with nearly 6.3% of the PEVs of the total vehicles sales by the year 2017 and the second highest level will be achieved by Oregon and California with 5.4% each followed by Washington, D.C., 4.6% and Delaware 4.5%.
It finds while California and New York have over 50% of the PEVs running in the country, the rural states such as Alaska and Wyoming and southern states such as Alabama, Arkansas and Mississippi the percentage is very low. It suggests that utility companies such as Consolidated Edison in New York, Pacific Gas & Electric and Southern California Edison in California will need to make preparations to encourage the growth of PEVs.
Source: http://www.pikeresearch.com/