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Forecast: More Than 250,000 EVs to Be Sold in Europe by 2015

Posted on July 04, 2008

A new report from Frost & Sullivan forecasts that the market for electric vehicles (EVs) in Europe will rise to more than 250,000 units per year by 2015.Automakers have little choice but to be part of the EV, market according to the report, Strategic Assessment of European Passenger Electric Vehicles Market, if they are to address the escalating energy situation.The report suggests that there could be sudden movement towards the battery leasing business, although consumer acceptance is still uncertain. The rate at which the consumers accept the leasing model and the degree of benefit the end u...

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battery , electric