Electric car sales rising steadily

http://www.equities.com/news/headline-story?dt=2012-12-25&val=861103&cat=industrial
Sales of electric cars double as new models come online
by Adam Vaughan, Guardian  [2012-12-25]

Electric cars picked up some speed in 2012, with sales almost doubling for
the first nine months, before the arrival of a new generation of models by
BMW, Ford and Tesla Motors in the new year - though electric cars still
account for a marginal proportion of the UK market.

The acceleration outstripped growth in the wider car industry, which saw a
sales increase of 5.4% in 2012 year on year . The encouraging gains follow a
pounds 5,000 government grant launched in January 2011.

Seen as crucial to meeting the government's climate targets, electric cars
are still just a fraction of the market. Only 1,419 were registered in the
first three quarters, up from 786 for the same period in 2011. With a range
of around 100 miles, they cost around a quarter of what a conventional
petrol or diesel car costs to run.

Transport minister Norman Baker said: "We are seeing sales gather pace. The
number of claims for our plug-in car grant this year is well up on last
year's figure and we expect this to increase as more electric cars come to
market, including the Nissan Leaf, which will start production in Sunderland
next year. I know electric vehicles have got a bright future in this
country."

Uptake may have been boosted by three new models this year, including the
pounds 28,245 Toyota Prius Plug-In, Vauxhall's pounds 29,995 Ampera, and the
Renault Fluence ZE, which comes in at a cheaper pounds 17,495 due to buyers
not owning the battery but paying a monthly hire fee. All prices include the
government grant.

They will be joined by a slew of new models in 2013, including from Ford and
BMW. In the second half of the year, an electric version of the Ford Focus,
the UK's most popular car, will go on sale. BMW will turn its concept i3
into a production car, and has a larger electric car, the i8, slated for
2014.

Although prices for both are as yet unannounced, they are likely to be
undercut by Renault's pounds 13,650 Zoe, which will come with a pounds 70
monthly battery hire fee.

At the other end of the scale will be Tesla Motors' Model S - the US
electric sportscar manufacturer's "affordable" model - which has been priced
at euros 60,000 for Europe but can manage 230 miles between charges. UK
pricing will be confirmed later, with deliveries next summer.

Marc Rinkel, an analyst at IHS Automotive, cautioned against overplaying the
electric car sector: "As new models enter the market, the 'invisibility' of
charging points in London needs to be tackled."
[© 2012 equities.com All Rights Reserved.]



http://www.mysanantonio.com/business/article/Electric-car-sales-rising-steadily-4143761.php
Electric car sales rising steadily
...
http://www.csmonitor.com/Business/In-Gear/2012/1228/Hybrid-and-electric-car-sales-jump-73-percent-in-2012
Electric and hybrid car sales jump 73% in 2012 




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