Electric Motorcycles And Scooters To Outsell Plug-In Cars? Not Likely!

I may be new to the automotive world but this latest headline story has me a little confused. According to two new Pike Research reports, electric scooters and motorcycle sales are going to eclipse that of plug-in vehicles by the end of this decade.

Not bloody likely!
Electric Bikes and Scooters to Outsell Cars?

Saietta electric motorcycle. Image Credit: The Charging Point (some rights reserved)
Sales of Electric Scooters and Motorcycles Skyrocket

First off, we have the report from Pike Research which looks at electric motorcycles and scooters. The main statistic that has been drawing so much attention is the prediction that ?annual sales of e-motorcycles and e-scooters will reach 18.6 million by 2018.?

Pike Research point primarily to industries such as delivery companies, police and security forces, and even taxi services in some locations as the prime mover for the increase in sales of electric motorcycles and scooters.

Currently, China is the biggest market for the sale of these electric vehicles, accounting for 81% of the global electric motorcycle and scooter market. Not surprising in a country which has only recently started manufacturing cars and where the average wage doesn?t really cut it for those wanting to own their own four-wheeled vehicle.
Sales of Electric Vehicles

Another Pike Research report released earlier this year predicted that annual worldwide sales of electric vehicles will reach 3.8 million by 2020. This includes plug-in electric vehicles and hybrid electric vehicles selling in the Asia Pacific, North America, and Western Europe.

?Sales of EVs have not lived up to automakers? expectations and politicians? proclamations, but the market is expanding steadily as fuel prices remain high and consumers increasingly seek alternatives to internal combustion engines,? says senior research analyst Dave Hurst. ?Indeed, sales of plug-in EVs will grow at a compound annual growth rate of nearly 40 percent over the remainder of the decade, while the overall auto market will expand by only two percent a year.?

Clean Technica (http://s.tt/1yidN)
Read more at http://cleantechnica.com/2013/01/11/electric-motorcycles-and-scooters-to-outsell-plug-in-cars-not-likely/#AFoGpJROCbczkrwZ.99

More cleantechican.com

Source: http://www.4evriders.org/2013/01/electric-motorcycles-and-scooters-to-outsell-plug-in-cars-not-likely/?utm_source=rss&utm_medium=rss&utm_campaign=electric-motorcycles-and-scooters-to-outsell-plug-in-cars-not-likely

brooke burke Alexa Vega Bram Stoker books Paula Broadwell Photos Veterans Day 2012 Nate Silver stock market