Electric cars have lately attracted significant funds with United States to ensure US$2.4 billion in federal grants for electric cars and batteries, and China to ensure massive 15 billion to start an electric car industry.
Recent independent study claimed that by 2020 electric cars, together with other "green" cars will account for a third of the total of global car sales.
Electric cars are more expensive than conventional cars, and many people are still not ready to pay more for "green car". In fact, according to the recent Financial Times survey 65 percent of Americans and 76 percent of Britons are not willing pay more for an electric car above the price of a gasoline car.
US currently has around 500 electric vehicle charging stations. This number should increase up to 20,000 by 2012.
The global electric vehicle market should grow to 2.7 million cars by 2015, with around around 885,000 located in North America and around 780,000 in Europe.
According to a report by Pike Research the electric car market should rise to $1.5 billion by 2015.
According to the data from Germany’s Federal Ministry of the Environment there should be one-million electric cars on Germany’s roads by 2020.
An electric car emits in average 115 grams of CO2 per kilometer driven compared to 250 grams of CO2 emitted by conventional gasoline powered car.
Electric cars have an average efficiency of 80%, which is much better compared to conventional gasoline engines that can effectively use only 15% of the fuel energy content, and diesel engines are not much better either as they can achieve efficiency of around 20%.
It is expected that by 2015, global electric car market value will be 7,3 times bigger compared to the 2005's value.
Currently, 66% of the manufacturers of electric vehicles in the world are in China, with over 90% of the world's electric vehicles being made in China.
In 2010 there were around 29 million electric vehicles sold on global level.
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