Green Car Sales Are Growing Fast

Reports show that green car sales were up in 2012 and are increasing rapidly.


| January 21, 2012



Chevy Volt Plug In

A Chevy Volt charges while parked in the driveway.


Chevrolet

This article is reposted with permission from Grist.

Green cars account for just a teeny, tiny fraction of U.S. auto sales — 3.3 percent in 2012. But that teeny, tiny fraction is growing fast!

BusinessGreen reports:

Analyst firm Mintel estimated last month that sales of hybrid, plug-in hybrid and electric cars in the US will exceed 535,000 units in 2013, a sizable increase on the 440,000 sold last year. Sales of hybrids and electric cars rose 73 per cent in 2012, making it the fastest growing segment in the US auto market.

A separate market analysis by Pike Research “estimates annual global sales of 3.8 million electric or plug-in hybrid cars by 2020,” the International Herald Tribune reports. It also “estimates that sales of plug-in cars will grow by 40 percent annually. During that same period, general car sales will grow by 2 percent.”

The plug-in hybrid Chevy Volt gets some of the credit for those rising numbers. “General Motors sold three times as many Chevrolet Volts in 2012 as it did in 2011, which was the car’s first full year on the market,” reports CNN — “23,461 Volts in 2012 compared with just 7,671 in 2011.” That’s still below GM’s sales targets, but, as Climate Progress points out, it makes GM “the first American auto manufacturer to sell more than one million vehicles with a 30-mpg fuel rating.” No thanks to all the Volt-hating right-wingers out there.





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