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Unimpressive sales growth. Last year, sales of electric vehicles was 116,099. Projection for this year based on the first five months of 2016 yields 119,430. Only 3% sales growth? Pathetic.
 

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Unimpressive sales growth. Last year, sales of electric vehicles was 116,099. Projection for this year based on the first five months of 2016 yields 119,430. Only 3% sales growth? Pathetic.
Not that bad considering...
The 2017 Volt distribution has been painfully slow. As that speeds up, sales will increase.
Is your protection linear? Sales of EVs typically pick up in the second half of the year.
The ditsy gen Leaf has hit a nosedive until the second gen arrives.

The Model X will help more in the second half of the year as production ramps up to full speed.
I expect we will get at least 10% sales growth.
 

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Current gasoline prices have a strong influence on EV sales. Most people seem to look only at the short term, but with Iran given the green light to pump oil, Venezuela pumping like mad trying not to implode, and the success of fracking and capping those wells just waiting to pump again, oil is plentiful now and in the near term.

Still, EVs are the future. Gen 1 Volt owners (as well as Tesla and Leaf owners) were trailblazers, and I'd consider Gen 2 Volt owners among the early adopters. It's just a matter of time before EVs are the majority of vehicles on the roads. Stories of Volt reliability and general love of the vehicle is gaining momentum for EVs causing more and more people to consider them. The Bolt and Model 3 (if it ever gets introduced) will further that.

EV growth is marching forward.
 

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Compare EV sales for the area being studied to draw conclusions.
Sales in Connecticut look to be 10 to 300 % greater in a particular month from this year to last:

http://www.ct.gov/deep/cwp/view.asp?a=2684&q=565018&deepNav_GID=2183



This data is regularly updated at their "CHEAPR" website and also includes rebate amounts as well as number of EV vehicles by manufacturer.

EV sales in CT. are rising faster than some of above assumptions.
 

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Unimpressive sales growth. Last year, sales of electric vehicles was 116,099. Projection for this year based on the first five months of 2016 yields 119,430. Only 3% sales growth? Pathetic.
You're forgetting the 400K preorders...
 

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