US metropolitan cities to be the largest markets for PEVs
The cleantech market intelligence firm also forecasts that certain utilities, such as Southern California Edison and Pacific Gas & Electric, will need to prepare for the arrival of PEVs in much larger numbers than their counterparts in other regions.
The growth of the PEV market in the US will require significant preparation by industry players who are working on setting up recharging station networks, developing product and production plans, and allocating precious marketing resources.
Adoption of PEVs will vary significantly by geography, and as state and local government officials as well as utility managers plan for the arrival of grid-connected vehicles, they need to understand where those vehicles are going to be located and what the impact could be.
The research firm forecasts that the top five metropolitan statistical areas for cumulative electric vehicle purchases between 2011 and 2017 will be: New York-Northern New Jersey-Long Island, NY-NJ-PA; Los Angeles-Long Beach-Santa Ana, California; San Francisco-Oakland-Fremont, California;
San Diego-Carlsbad-San Marcos, California; and Chicago-Naperville-Joliet, IL-IN-WI.
Relative to population, the research firm anticipates that PEV penetration rates will be the highest in several smaller MSAs including Raleigh-Cary, North Carolina; San Jose-Sunnyvale-Santa Clara, Raleigh-Cary, North Carolina; and Sacramento-Arden Arcade-Roseville, California.
The research firm expects that the electric utilities with the largest number of electric vehicles will be Southern California Edison (California); Pacific Gas & Electric (California); Consolidated Edison (New York); Exelon (Illinois, Pennsylvania); and FPL Group (Florida).
Dave Hurst, senior analyst at Pike Research, said: â€œElectric vehicle adoption will follow markedly different patterns in various parts of the country. Demographics, consumer attitudes, city and utility infrastructure, and manufacturer launch plans will all have an influence on the uptake of PEVs in different areas.â€
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