The whole automobile market has grown. Electric vehicles are not part of that growth.
Electric car sales are not charging the marketplace. A new study by online automotive research company Edmunds.com suggests the segment may have run out of gas.
Sales of electric drive vehicles are stuck at about 3.6% of all new car sales for 2014, Edmunds senior analyst Jessica Caldwell said.
That's below the 3.7% market share for 2013, and it's not likely to grow any before the end of the year.
And that's during an otherwise robust sales season. Total figures for August were higher than any time in the last decade.
There is simply no demand for electric vehicles other than a government agency or two, a few corporations with extra cash, tree-hugging celebrities and elites who can afford the luxury of pretentiousness.
The photo below shows a Chevy Volt at a charging station.
How many charging stations are in your neighborhood? What would it cost to install a charging station in your garage? Without completely rewiring your house it may take up to ten hours to charge the Chevy Volt.