Chevy Volt Saw Huge Sales Gain in 2012


Bloomberg News - March 12, 2013

GM’s Chevy Volt outsold the Nissan Leaf last year for the first time, as electric cars and plug-ins gained as well, continued gain projected into 2013.

Get the facts and figures on GM’s Chevrolet Volt.

Deliveries of the Volt more than tripled to 30,090 units in 2012, the top seller among vehicles that need to be plugged in to a socket for recharging, according to today’s report. It was followed by Toyota’s plug-in Prius, whose first-year sales of 27,181 units exceeded the 25,435 units of the Leaf, the leader in 2011, according to the [Bloomberg] report.

Total sales of all-electric and plug-in vehicles, which more than doubled last year, will probably increase 89 percent to 225,000 units in 2013, though that’s about one-third of the demand automakers had previously expected, according to the report. Nissan Chief Executive Officer Carlos Ghosn, who’s forecast that electric cars would account for at least 10 percent of auto sales by 2020, has struggled to attract consumers, with Leaf sales last year not even reaching half the number the company had previously targeted.

The U.S. accounted for 46 percent of global sales of electric vehicles — including plug-in hybrids — while Japan and Europe were tied for second place with 23 percent, according to the report. China was the only market to shrink in 2012, [Bloomberg report] said.