Thursday, December 18, 2008

EIA - PHEVs over-hyped?

Hybrid vehicles, not plug-in hybrids, more important to the future.Is this really going to save GM?

By 2014, automakers will be selling 90,000 plug-in hybrid vehicles per year in the US, thanks to tax credits, according to a new EIA report. And, by 2030 PHEVs will make up just 2 percent of total new vehicle sales in the US.

Conventional hybrid vehicles, on the other hand, will make up 38 percent of new sales, compared to 2.4 percent in 2008.

Finish: EIA Outlook: PHEVs over-hyped and more bailout questions

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