A new survey by audit powerhouse KPMG suggests auto executives don’t see electrified car sales passing 15 percent of global sales until at least 2025. Yet despite the slowly developing market, these same execs foresee substantial increased investment in electric and hybrid car production along with research and development.
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Given very limited consumer acceptance of hybrid cars since their U.S. introduction back in late 1999 (gas-electric new car sales are still around two percent), cautious sales estimates seem like par for the course.
Full Story: Autoblog
