Even though electric vehicles and plug-in hybrid vehicles are still outliers in the automotive marketplace, 2013 saw a massive increase in sales. The Detroit News reports that the sales of electrics and plug-in hybrid vehicles increased 84 percent to just over 96,000 vehicles according to data from Wards Automotive. Of that total, 47,600 were electric vehicles, representing a 241 percent increase when compared to 2012. The remainder was plug-in hybrids, up 27 percent.
Some of the increase can be attributed to improving battery technology and the massive increase of sales for the Tesla Model S. But what really helped sales of electric and plug-in vehicles was price cuts. Nearly every automaker who sells one has cut the price tag and most have seen increases in sales.
The Detroit News also points out electrics and plug-in vehicles could have hard time this year with gas prices projected to be lower than in past years.
Source: The Detroit News