Global Plug-in Vehicle Sales Likely to Reach 1M by September

Global Plug-in Vehicle Sales Likely to Reach 1M by September

There will be one-million plug-in vehicles on the roadways worldwide by September.

According to a recent report, plug-in vehicle sales (which includes electric vehicles) have reached 910,000 through June 2015 and global sales are holding steady at a rate of 40,000 a month and climbing. If the rate of sales continues for the rest of this year, the world could potentially see 400,000 plug-in vehicles sold in 2015.

The U.S. has the most plug-in vehicles sold to date, with a cumulative total of 345,276 through June. That also means the U.S. market likely has sold more than 350,000 plug-in vehicles by now, accounting for one-third of the worldwide total. Looking at total market share, however, plug-in vehicles dropped from 0.71 percent of total vehicle sales in the first half of 2014 to 0.64 in 2015.

SEE ALSO: Plug-in Vehicle Sales Could Reach 1% Market Share

Globally, plug-in vehicle sales are on the rise with five nations seeing sales growth of more than 50 percent. In the U.K., plug-in vehicle sales have increased 247.2 percent while China has seen a 185.8 percent increase. France (86.7 percent), Germany (67.3 percent) and Norway (66.4) round out the rest of the top five.

[Source: HybridCars]

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