Sales of electric vehicles (EVs) in the U.S. will reach 110,000 units, a value of $3.3 billion, in 2003, if California sticks to its zero emissions vehicle mandate set for that year, a study by the Freedonia Group predicts. Sales will grow to 210,000 units — and a value in excess of $5 billion — in 2007, the company says. Despite intense marketing campaigns, sales of EVs have not reached the numbers anticipated a few years ago, the Freedonia study points out. Hampered by performance ...
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