Tuesday 7 August 2012

US EV market to grow at 43% CAGR

A new report titled the Electric Vehicle Market in the US 2011-2015 fromTechNavio forecasts the Electric Vehicle market in the US to grow at a CAGR of 43.39 percent over the period 2011-2015.

One of the key factors contributing to this market growth forecast is the increasing number of advanced vehicle technology projects and the increasing growth of the Electric Vehicle Charging Infrastructure market in the US.