Electric-Drive Car Sales Off to Slower Start In January
Electric vehicles and plug-in electric hybrids are off to a tough start in January after a disappointing 2012.
General Motors Co., Toyota Motor Corp. and Nissan Motor Co. all reported much lower sales of EVs and plug-in hybrids in January over December, citing lower inventory and the decision of many customers to buy before the end of the tax year.
GM said sales of its plug-in hybrid Chevrolet Volt rose 89 percent to 1,140 over January 2012.
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