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"Green" car segment growth
Source: AD #2327 – Green Car Segment Not Growing, Michael Sprague Leaves Kia, Are Executives Paid Too Much? – Autoline Daily
Sales of electric cars this year are up 21%, growing much faster than the overall market. Sales of plug-in hybrids are up a whopping 36%. Even so, the whole green car segment is stalling out at 3% of the market. Here’s the issue, sales of hybrids are falling. And hybrids sell more than electrics and plug-ins combined. What the data shows is that people are getting out of their hybrids and are buying plug-ins or battery electrics instead. But it’s the same people. As a result, the green car segment is not growing. It’s only 3% of all car sales, the same it was 5 years ago. So the impressive growth with plug-ins and battery electrics distorts what’s really going on in the marketplace.
I can't find fault become our 2003 Prius became a 2014 BMW i3-REx and our 2010... -
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