A recent report from Navigant Research, Electric Vehicle Market Forecasts, provides a comprehensive overview of the overall light duty vehicle (LDV) and the light duty electric vehicle (EV) markets, including global forecasts for annual vehicle sales and vehicles in use through 2023. It indicates that worldwide sales of light duty EVs are expected to increase from 2.7 million in 2014 to 6.4 million in 2023.
The use of EVs, which now account for a small but growing share of the world’s LDV market, has bee