GRA
Well-known member
Just to add one more guesstimate, via GCC:
http://www.greencarcongress.com/2015/12/20151221-navigant.htmlNavigant forecasts global light duty electrified vehicle sales to exceed 6.0M in 2024; PEVs to account for roughly half
They've also got a graph showing projected growth.In a new report, Electric Vehicle Market Forecasts, Navigant research projects that under its base scenario, global sales of light duty electrified vehicles (i.e., vehicles that use electricity for traction, including hybrids, plug-in hybrids, and battery-electrics) will grow from 2.6 million vehicle sales in 2015 to more than 6.0 million in 2024.
Under a conservative scenario, Navigant forecasts more than 5.8 million electrified vehicles by 2024, while the aggressive scenario sees more than 6.4 million. Navigant estimates that sales of plug-in vehicles (PEVs) accounted for roughly 19% of electrified vehicle sales in 2015; in 2024, Navigant expects light duty PEVs to capture between 47% and 51% of the electrified vehicle market. . . .
Although conventional light-duty hybrids are facing declining sales in North America and have failed to grow significantly in China, growing interest in Europe and consistent support in Japan will grow the market at a healthy CAGR of around 4.7% through 2024, according to Navigant . . . .