Who's ready for more EVs? General Electric and Nissan – the manufacturer of the zero-emissions Leaf – have signed a two-year deal to collectively explore ways to promote the widespread adoption of electric vehicles here in the United States and around the globe. Mark Little, director of GE global research, stated:
Electric Vehicle Development
Tesla Model S - Click above for high-res image gallery
Bosch invests $507M annually into electric vehicle development, expects EVs to capture 3% of market by 2020
As we've mentioned before, one way to measure the likely market share that electric vehicles (EVs) will capture in the coming years is to look at the actions and predictions of EV suppliers. As EVs hit the streets, essential components must be manufactured at a rate that meets actual demand. While some automakers produce EV components in house, many turn to outside suppliers like Bosch.