Consumer Federation of America Clarifies JD Power Electric Vehicle Report - April 27, 2011

The Con­sumer Fed­er­a­tion of Amer­i­ca, an asso­ci­a­tion of non-prof­it con­sumer orga­ni­za­tions, is clar­i­fy­ing infor­ma­tion released by the JD Pow­er report on elec­tric vehi­cles. JD Pow­er report­ed elec­tric vehi­cles may be “over-hyped” as a sig­nif­i­cant part of a manufacturer’s sales by 2020. CFA points out there will be over 1M elec­tric vehi­cles on the road by 2015, mean­ing a sales rate of 250K units. This num­ber is sim­i­lar to Toy­ota Corol­la sales of 266K or 260K Hon­da Civic sales annu­al­ly.