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California Continues Leadership in Electric Vehicle Sector

By October 31, 2012

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A Pike Research study shows California will continue its lead position in electric vehicle market growth and development, indicating California will be home to about 25 percent of all electric vehicle sales between now and 2025. This comes as no great surprise since the state has a tradition of providing incentive for electric vehicle ownership, providing consumer incentives for electric and other alternative energy vehicle use.

California already has an impressive infrastructure for EVs with plans to expand and ensure the top spot in the nation for infrastructure. Add to this the fact that the state represents about 12 percent of the nation's total population and you have a magnet for automakers and developers of electric vehicles of all types, including those powered by hydrogen fuel, putting the state in position to be a global market leader by the year 2020.

Overall, the Pike research predicts that electric vehicle sales will climb to 400,000 units as the decade draws to a close. New York, Florida, Texas and Washington are expected to follow closely behind California in number of EVs sold. California will account for a significant share of this, with New York, Florida, Texas, and Washington coming closely behind.

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