Electric and plug-in hybrid cars whiz passed 3m mark worldwide

Rapid growth is due to falling battery costs, government incentives and car makers competing to build new modelsThe number of fully electric and plug-in hybrid cars on the world's roads has passed the 3m mark, as manufacturers ramp up their plans for mass production of battery-powered vehicles. Industry watchers said the milestone was passed in November, with the growth rate indicating that electric car sales are now running at around 1m a year. The rapid growth is being driven by government incentives, manufacturers launching models for a wider mix of drivers and falling battery costs. Continue reading...