The following excerpt comes from TorqueNews.com, where I am the “Nissan guy.” I thought this story would be of interest given the number of EV and plug-in enthusiasts reading CarNewsCafe.
The LEAF is the number one selling battery electric vehicle in the world, but with the new Annual Energy Outlook report for 2014 predicting that EVs will only be a fraction of the automotive market by 2040, where does that leave Nissan’s flagship electric?
Most have seen the news reports regarding what the federal government predicts for automotive’s fuel future. The U.S. Energy Information Administration (EIA) released their Annual Energy Outlook report for 2014, which predicts that by 2040, nearly 80 percent of cars will still run on gasoline. The other twenty percent will be split between diesels and hybrids with just two percent being plug-ins and only half of those (1%) being full electrics.
