"Pike Research forecasts that the market for plug-in hybrid and battery electric passenger cars and light duty trucks will grow at a compound annual growth rate (CAGR) of 106% between 2010 and 2015, resulting in sales of more than 3.24 million vehicles during that period."
"GM is in China today showcasing its Chevy Volt electric vehicle with extended range, as the American automaker announced this very populous nation will be one of the initial markets outside the U.S. to get the car. Plans are in motion to offer the Volt for sale locally starting sometime next year."
A new report from the Highway Loss Data Institute (HLDI) shows that rappers from Jay Z to Lil' Wayne would be better off rollin' in their Prius than the Escalades they typically lavish with lyrics.
"The iconically efficient Toyota Prius pretty much never gets lifted, the report said. Can you imagine Grand Theft Auto: Hybrid Edition? Yeah, me neither."
The next-generation of cars, in general, are also being influenced by the always-on, cell phone and gadget revolution, increasingly offering intuitive user interfaces, a web connection and a set of standard applications to help drivers navigate and manage fuel consumption. Loading cars with driver-facing tech could be key to boosting automakers’ margins on smaller, more fuel efficient vehicles.
"..the Volt doesn’t have to be a breakaway hit for it to be success in GM’s eyes. The Prius will no doubt outsell it for years and the same probably goes for the Nissan Leaf. But GM’s in this for the long run and the Volt is just the beginning."
"People on Tuesday will be able to order a Volt from www.getmyvolt.com and be able to track the status of their order as GM starts delivery of the car later this year."
Top 10 DMAs in which reside adults who own or lease a hybrid vehicle:1 San Francisco/ Oakland/ San Jose
2 Washington, D.C.
3 West Palm Beach/ Ft. Pierce, Fla.
4 Seattle/ Tacoma
5 Buffalo, N.Y.
6 Austin, Texas
7 Fort Myers/ Naples, Fla.
8 Boston
9 Wilkes Barre-Scranton, Pa.
10 Jacksonville, Fla.
Source: Scarborough Research, www.weknowthelocals.com
"The station will enable users to refill their clean vehicles without the requirement of hydrogen storage system. During daytime the hydrogen station will export renewable electricity to the grid while remaining energy neutral."
Founder @ Dearing Group LLC.
George can be reached via email at george@dearinggroup.com or on Twitter, and Facebook Subscribe to this site via RSS here.
