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2018 Pivotal for Electrics, Robotics: Edmunds Auto Forecast

Posted December 20, 2017

Under Economic Issues, International Trade Issues


(Ian Thibodeau – The Detroit News)

Next year will be a watershed year for electric and self-driving cars, analysts believe, even as overall sales continue to slip.

The overall market share for electric vehicles will surpass 4 percent for the first time ever in 2018, according to a forecast released Monday by California-based industry analyst Edmunds. That’s expected to be driven by Tesla, which CEO Elon Musk has said will make 5,000 Model 3 sedans per week by March 2018. General Motors Co.’s all-electric Chevrolet Bolt will be available for the entire year for the first time as well, analysts said.

Even if Musk misses that deadline by a couple of months, its new mass-market Model 3 will boost electric vehicle sales. Joined by the Bolt and the new Nissan Leaf, 2018 could be the U.S.’s most “green” year of sales. Click here to read more.