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Electric car adoption to remain slow: study

Thu, 05/13/2010 - 11:25am
Reuters

DETROIT (Reuters) - High cost and still-limited performance will keep the number of electric cars at only 2 percent to 5 percent of the U.S. market a decade from now, a study by Deloitte Consulting issued on Thursday shows.

The forecast is a marked contrast from the more bullish outlook by some automakers and electric car advocates.

Nissan Motor Co, the first major automaker to introduce an electric car, has forecast that 10 percent of new car sales will be electric vehicles by 2020.

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