The market for electric vehicles appears to be gaining steam in 2012, according to a tally of...

|By:, SA News Editor

The market for electric vehicles appears to be gaining steam in 2012, according to a tally of the most recent round of sales numbers. In Q1, domestic sales of hybrids, plug-in hybrids, and EVs increased 44% Y/Y to 113,457. The pickup in buying activity stands in contrast to an industry mired in a slump last year amid a safety probe on Chevrolet Volts, supply issues, and limited model options.