J.D. Power sees hybrid and EV share below 10% of US market through 2016 despite rising fuel prices
Green Car Congress
APRIL 27, 2011
By the end of 2016, J.D. Power also sees hybrid and electric vehicle share of the US market to remain below 10% through 2016. At the end of 2010, tax credits from the Energy Policy Act of 2005 were phased out. Without a tax credit to offset the price premium, consumers must absorb all of this additional cost.
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