Charging Ahead: Report Predicts 3.8 Million Electrics on Road by 2016. By Todd Woody, Grist, 3/29/11. “The big question is whether battery-powered vehicles are the future or a fad. The answer won't be known for years but a new report from GTM Research offers some interesting insights into where the electric road might lead. The report, ‘The Networked EV: The Convergence of Smart Grids and Electric Vehicles,’ predicts there will be 3.8 million electric cars on the road worldwide by 2016, with about 1.5 million in the United States, 1.5 million in Europe and 760,000 in Asia. ‘It is the hope of this industry that just as cellular phones and laptops before them, EVs will begin as luxury products but will eventually become widely affordable,’ wrote David J. Leeds, the report's author… The early adopters of electric cars that will like drive the industry aren't so much all those Prius owners but corporate accountants looking to keep a lid on the cost of company fleets of cars and trucks… wrote Leeds. ‘More than any other sources, commercial and government fleet purchases have the power to accelerate the adoption curve of this market.’”
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