Reports says 700,000 electric vehicles sold last year

Reports says 700,000 electric vehicles sold last year

March 11

A new report estimates that about 700,000 electric vehicles were sold around the world last year.

Of that total, the vast majority were electric-hybrid models, according to MarketResearch.com, which released the report "Electric Vehicle (EV) and Plug-in Hybrid Electric Vehicle (PHEV) Markets Worldwide."

Electric vehicles accounted for 1.5% of the passenger vehicle market in 2009 and almost 8% of the passenger vehicle market in Japan, according to the report.

More information on the report is available at http://www.marketresearch.com/redirect.asp?progid=67618&productid=2496608

Contact Waste & Recycling News senior reporter Jim Johnson at 937-964-1289 or jpjohnson@crain.com

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