Worldwide sales of electrified vehicles to hit 32.1 million in 2025

Japanese research firm Fuji Keizai Group forecasts that combined sales of plug-in hybrid, electric, hybrid and fuel cell vehicles will hit 32.1 million units worldwide in 2025. Fuji Kezai says that sales of these electrified vehicles will climb to 5.46 million units in 2015, a six-fold increase compared to the approximately 900,000 electrified vehicles sold worldwide in 2010.

Fuji Keizai breaks down its 32.1-million unit figure like this:

• Standard hybrid vehicles: 13.86 million
• Plug-in hybrids: 11.48 million
• Pure electric vehicles: 5.75 million
• Fuel cell vehicles: 1 million

Getting 32.1 million advanced technology vehicles on the roads won't be cheap. Fuji Kezai estimates that infrastructure spending related to these electrified automobiles will soar to 290.1 billion yen ($3.7 billion U.S. at the current exchange rate). That's some ten times the amount of cash devoted to advanced vehicle infrastructure in 2010.

[Source: Integrity Exports]