Tech consulting firm Pike Research dismisses all the buzz about safety issues with Chevrolet...

|By:, SA News Editor

Tech consulting firm Pike Research dismisses all the buzz about safety issues with Chevrolet Volts - issuing a seemingly rosy report on the sector. Data from the firm projects electric-powered vehicles will hit 5% of the total auto market by 2017 with a market share breakdown of +20% for EV-players Ford (F), Toyota (TM), and General Motors (GM), and around 4.6% for upstart Tesla Motors (TSLA). Will sales be high enough for carmakers to recover their significant investments into developing and producing greener cars?