NEW YORK ( TheStreet) -- Sales of plug-in electric and hybrid cars in the U.S. basically tripled in 2012, from little over 17,000 cars to little over 50,000 cars. I am counting both pure electric cars ( Tesla (TSLA - Get Report), Nissan LEAF, etc.) and plug-in hybrids ( Chevrolet Volt, Ford (F - Get Report) C-Max Energi, etc.) here, as I believe this is the relevant measurement in the market at the moment.The 2012 best-seller in the U.S. market was the Chevrolet Volt, which sold little over 23,000 cars (plus some 7,000 units abroad, for those who are counting). The Toyota (TM - Get Report) Prius plug-in came in second at 13,000 cars, and the Nissan LEAF third at 10,000. Those three cars at 46,000 total were close to 90% of the plug-in electric market. At 2,374 cars starting late in the year, the Ford C-Max Energi was the bulk of the balance, at least if we don't count the Tesla Model S, which hasn't reported numbers yet, but where the final number was likely just above 3,000.
Electric Car Sales to Double in 2013
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.