EV Industry Has Room To Improve

New Electric Vehicle Report Card Gives Auto Industry Failing Grades in 2016

March 22, 2016 (Lux Research)

“…In the inaugural 2016 edition of Lux Research’s annual “EV Inflection Tracker,” the industry earned just 27 out of a possible 100 rating, mainly because of high costs and limited offerings with a driving range of over 200 miles…No carmaker has yet attained the ‘holy grail’ for EVs – 200 miles of all-electric range and a price tag below $33,000. The forthcoming Chevrolet Bolt and Tesla Model 3 should be closing in on that…Small plug-ins will continue to see the most action in the next few years…Luxury plug-ins don’t drive meaningful sales volumes but serve as early incubators of technology, providing critical ‘trickle-down’ innovation. Tesla’s Model S and the newer Model X lead this segment but Germany luxury carmakers such as Porsche, Audi and Mercedes-Benz are pouring billions into plug-in development…” click here for more

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