While EVs (electric vehicles) may not be the norm in every garage, they
are continuing to gain market traction. As the market for EVs matures, the need
for associated services will grow as well, especially when it comes to charging
infrastructure.
Between 2011 and 2015, around 410,000 plug-in electric vehicles will be
sold in the U.S., according to Pike Research. However, the analyst
firm also says sales are expected to increase strongly during the second half
of the decade, reaching the 1 million mark in 2018. Globally, Pike says plug-in
EV sales should surpass 1 million vehicles annually in 2017. By 2020, worldwide
sales volumes will reach 1.7 million units per year.
