Facts Disprove 'Myth' of Failed Electric Car Sales

ChargePoint founder Richard Lowenthal counters 'myth' of failed electric vehicles sales.

Published: 01-Mar-2013

Expectations of electric vehicle sales have varied widely. First the thought that sales would take off like a rocket, and then that they were a dismal failure. Although reality is closer to the “rocket” scenario, neither one is accurate.

Initial targets by General Motors and Nissan have been missed to be sure but let’s set aside the aspirations of optimistic car companies and see what’s actually happening.

In the last year over $2 billion of plug-in cars have been sold in the United States. In 2011, 17,000 of these vehicles were sold, and over 53,000 were sold in 2012—a staggering growth rate of 244%. Wouldn’t we all like to see our businesses grow like that?

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