Pike forecasts NEV market to remain small, although with double the growth rate of light-duty vehicles to 2017
Green Car Congress
JUNE 16, 2011
While moderate in terms of volume, the growth rate for NEVs will double that of the light-duty vehicle market during the same period, Pike notes. However, the market will remain small, as regulators seem unlikely to allow lower-speed vehicles to mix with higher-speed vehicles in any meaningful way on the roads. Market forecasts.
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