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Wednesday, January 26, 2011
At the Society of Automotive Analysts' (SAA) 2011 Automotive Outlook Conference in Detroit, J.D. Power released some statistics on U.S. light vehicle sales in 2010. The figures make an interesting reading.
86% of vehicles sold were gasoline-powered, 8.7% were flex-fueled, 2.6% were diesels and 2.4% were hybrids. Their forecast for 2020 is perhaps even more stunning. An estimated 71.5% of vehicles sold will be gasoline-powered, 10% will be flex-fueled, 9.5% will be hybrids and just 1% will be pure electric.
More than seventy percent will be gasoline powered in 2020? Whatever happened to my Hydrogen-7 or Tesla Model S? As Rebecca Lindland, Director of Strategic Review for IHS Automotive explains, nothing.
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