Chevy Volt sales triple in year of paradoxes for electric cars

Depending on how you look at it, America’s most popular electric car either had a standout year, or vastly undershot its sales target.

Indeed, it did both.

GM sold a record 23,461 Chevy Volts in 2012, triple the amount it did last year in the electric car’s shaky debut. But the impressive figure is still well below GM‘s 2012 target of 35,000 to 40,000 – itself a reduction of the 60,000 GM CEO Dan Akerson initially projected.

Still, the Volt’s sales growth bodes well for efficient vehicle energy use. The transportation sector has been the second largest energy consumer in the US since the 1950s, behind industry, according to the US Energy Information Administration. In 2010, cars and light trucks consumed 8.63 million barrels of oil per day, according to the EIA.

Click here to read the story.

Did you find this article useful? Join the EB Circle!

Your support helps keep our journalism independent and our content free for everyone to read. Join our community here.

Most popular

Featured Events

Publish your event
leaf background pattern

Transforming Innovation for Sustainability Join the Ecosystem →