China poised to be world leader in electric cars

Monday, September 5, 2011 - 10:30 in Mathematics & Economics

Do you have an electric car-charging station in your neighborhood? In your garage? I didn't think so. They're still pretty scarce, but that situation is likely to be short-lived. By 2017, according to a new report from Pike Research, there will be more than 1.5 million charging stations in the U.S. But that's not the news; the important factoid is that there will be nearly 7.7 million places to plug in worldwide, and "The Asia Pacific region will lead global electric vehicle charging equipment sales due to strong government incentives and directives in China, Japan and Korea."

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