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Plug-in electrified vehicle sales will skyrocket in the next quarter century, according to a new study by IHS Markit. The global consulting and analytics firm predicts PEVs will make up 15-to-35 percent of global new vehicle sales by 2040. While these vehicles only make for one percent of global auto sales, sales in 2016 are […]

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China and the U.S. are showing the highest potential for growth in plug-in electrified sales, while three countries fall into the “Hesitators” category of a new Accenture study. Although plug-in electrified vehicle (PEV) sales should be strongest in China and the U.S., the study finds that technological, economic and political factors, including the influence of […]

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