Report: EV sales expected to pass 200,000 units this year

The development of electric vehicles priced under $40,000 is expected to increase plug-in EV sales 62% to more than 200,000 vehicles in 2016, a Navigant Research study said. The report cited new Tesla, Chevrolet, Prius and Mitsubishi EVs as motivators of the increase, and said demand is particularly strong in the northeast US.