Electric Cars are gaining their market share, Nissan Leaf is the best selling Electric Car in the world now by numbers and we are anxious to see how the sales will go with BMW i3, Denza - Shenzhen BYD Daimler New Technology Company, and Tesla Model E in the future. Industry insiders are staring at the Morgan Stanley's chart above with trillion dollars markets disruption opportunities and are getting ready to the exponential growth in the adaptation rate for Electric Cars and building Vertically Integrated Lithium Batteries Supply Chain.
Elon Musk: Tesla Lithium Gigafactory Will Make Batteries With 400 Miles Range For Tesla Model S TSLA ILC.v TNR.v
"Eon Musk confirms another very important outcome of his Tesla Gigafactory plan. It will not only reduce the cost of existing batteries by 30% and allow Tesla Model E launch with 200 miles range and price tag of 35k, but also Tesla Model S and X can get the better quality Lithium Battery packs for up to 400 miles range. Once "affordable" Electric Car can go over 300 miles range the Electric Revolution will be happening for real. Will Elon Musk not only Occupy Mars, but save billions of lives in China and India on the way?"
Green Car Reports:
In fact, March was a good month for several plug-in electric , with monthly sales up for many, and new monthly records for a few.
Roughly 9,000 were sold in March, against about 6,900 in February--an increase of almost one-third, which may bode well for the balance of the year.
Nissan sold 2,507 Leafs in March, bringing its three-month total to 5,184--logging a 12-percent increase over the 2,236 sold in March 2013, the first month in which U.S.-built Leafs were sold in any number.
The March number was the single highest March sales total for the Leaf since it went on in December 2010, and the second-best month. Sales in December 2013 were 2,529--or just 22 cars higher.
The March deliveries bring total Leaf sales in the U.S. to 47,306, and the number of plug-in electric vehicles on U.S. roads is likely to cross 200,000 sometime next month.
"Now and again, I get the feeling, well if I don't win, I'm gonna break even," Tom Petty sang on his 1994 nugget You Wreck Me. And while we're not out to wreck any hybrids or electric vehicles, it's safe to say that the sentiment of that lyric is an appropriate one when analyzing last month's green-car sales.
With 2014's first quarter in the books, US green-car sales have emerged from deep-negative territory to show year-over-year gains for March, albeit barely. All told, Americans bought 59,544 green cars, up 0.9 percent from 2013. Year-over-year green-car sales going into March were down 19 percent, so last month represents a victory of sorts.
Nissan led the parade as the Japanese automaker boosted sales of its all-electric Leaf by 12 percent from a year earlier to 2,507 units, its second highest-ever monthly total ever (behind December 2013's 2,529 units sold).
Tesla, which doesn't break out monthly sales of its Model S, would've boosted its March sales by 45 percent from a year earlier to 2,300 vehicles if it maintained its sales pace from the fourth quarter, a reasonable expectation.