January 8, 2013
Green Cars - Fastest Growing Market
Analyst firm Mintel estimated that sales of hybrid, plug-in hybrid and electric cars in the US will exceed 535,000 units in 2013, a sizable increase on the 440,000 sold last year. Sales of hybrids and electric cars rose 73 per cent in 2012, making it the fastest growing segment in the US auto market.
There are currently 11 plug-in hybrid and electric models available to US consumers, compared to just three in 2011, and further new models such as BMW's i3 and the Ford Focus Electric will be introduced in the coming months.