Friday, January 29, 2016

Sales of Electric Vehicles Fall Far Short of Obama’s ‘1 Million By 2015’ Goal

Cybercast News Service ^ | January 29, 2016 | 1:55 PM EST | Barbara Hollingsworth 

In his 2011 State of the Union address, President Obama predicted that there would be "a million electric vehicles on the road by 2015."
But only 382,176 plug-in electrified vehicles (PEVs) have been sold in the U.S. since 2008, according to Hybridcars.com. That's just 38 percent of Obama's one million vehicle goal.
And although auto sales in the U.S. were at an all-time-high last year with 17.47 million sold, electric vehicles actually lost market share, dropping from 3.47 percent of all vehicles sold in the U.S. to 2.87 percent, according to the Electric Drive Transportation Association (EDTA).
Americans bought 9.7 percent more pickup trucks last year than in 2014, with Ford's F-Series remaining the top-selling vehicle for the ninth year in a row. 780,354 of them were sold in 2015, which was 14.6 percent more than the 753,851 Ford pickups sold in 2014. ...
(Excerpt) Read more at cnsnews.com ...

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