BACC Editor on Monday, 09 January 2012 22:30

EV Industry is Thriving – With California in the Driver’s Seat

A pair of new reports from San Francisco-based Next10 and Pike Research conclude that the electric vehicle industry is alive and growing, with California leading the way. In its news report “Powering Innovation,” Next10 finds that California ranks first in venture capital investment in electric vehicle-related technologies and patents and has the most electric vehicle charging stations per capita. In its “EVs: Ten Predictions for 2012,” Pike Research, meanwhile, forecasts more than a quarter-million plug-in electric vehicles will be sold in the nation this year." Read more here.