European Electric Car Manufacturers Target Rental Fleets for Sales

The Detroit News reported April 12 European car manufacturers are selling their electric vehicles to car rental companies because of a lack of private buyers.

According to the Automotive Industrial Data (AID) newsletter, electric vehicles have a market share of only 0.23%, despite a 39% increase in sales.

A price difference of nearly $20,000 for an electric vehicle versus a gasoline version deters buyers from purchasing an electric vehicle.

View the full article from The Detroit News by clicking on the URL:

http://blogs.detroitnews.com/overdrive/2013/04/12/slow-selling-european-electric-cars-ending-up-in-rental-fleets/

 

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