Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate
Green Car Congress
JULY 5, 2012
PEV Sales in China by segment: 2012-2017. Pike projects the PEV market in China will grow at a compound annual growth rate (CAGR) of 60% from 2012 to 2017, surpassing 152,000 units sold annually by 2017. However, that figure represents less than 1% of the total light duty vehicle market in China.
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