G E Bl George E. Blomgren Blomgren Consulting Services Ltd. L k d ...

2020 Sales Projections by area• Pike Research forecasts that by 2020 more than 1.8million BEVs will be on Europe’s roadways, along with1.2 million PHEVs and 1.7 million HEVs.• Pike Research also forecasts that there could be asmany as 1.8 million plug‐in electric vehicles on U.S.roads by 2020• Pike sees China taking the lead in terms of marketsize, with growth really taking off from 2013 onwardthrough that decade. By 2020, Asia Pacific is expectedto become the world’s largest PEV market