Study: Electric-vehicle sales will hit 14 million in the U.S. by 2020

A new study called Electrification Roadmap predicts that there will be at least 14 million electric-vehicles on U.S. roads by 2020 and that EVs could account for 75 percent of all light-duty miles driven by 2040. The new study is backed by Nissan, FedEx, Coda Automotive and Coulomb Technologies.

“Up to now, electrification seemed like a pipe dream,” said Fred Smith, chairman and CEO of FedEx and a member of the Electrification Coalition. “But we are offering a realistic, practical, achievable plan to build a transportation system that will enhance our national security, propel economic growth and reduce carbon dioxide emissions.”

The results from Electrification Roadmap are expected to capture the attention of the government, automakers and many companies that participate in developing electric cars.

The Nissan LEAF and the Chevrolet Volt are both scheduled to release in 2010. Nissan CEO Carlos Ghosn recently predicted that electric-vehicle sales will reach around 1 million in the U.S. by 2015.

2010 Nissan Leaf EV:

2010 Nissan LEAF EV 2010 Nissan LEAF EV 2010 Nissan LEAF EV 2010 Nissan LEAF EV

– By: Omar Rana

Source: Reuters