AAB Study Projects Global EV New Vehicle Sales of Up to 400,000 Units by 2020, PHEV Sales of 500,000 Units by 2020
Green Car Congress
APRIL 29, 2010
Under the Report baseline estimate, the global plug-in hybrid electric (PHEV) market will grow from essentially zero in 2009 to 500,000 units in 2020, and the associated Li-Ion automotive battery business—which includes EV, PHEV and HEV batteries—from $150 million in 2009 to $8.4 about 400,000 EV units by 2020. billion in 2020.
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