Tesla is facing the best kind of problem an automaker can have —they can’t produce enough cars to meet the demand. That’s especially impressive when you consider the Model S starts at over $70,000. Other manufacturers aren’t quite as lucky as Tesla, but overall the market for EVs (Electric Vehicles) and PHEVs (Plug-In Hybrids) is growing at a steady clip. The world is getter greener, and we’re not referring to these green cars. These days, Nissan Leafs and charging stations are a normal sight in parking garages and driveways around the US. With 126,000 all-electric vehicles and 142,000 plug-in hybrids sold in the US between 2010 and 2014, a market for used electric vehicles has finally emerged.
At over 70,000 cars sold, the Nissan Leaf is leading the charge (no pun intended). The Leaf also stands out as the only EV to sell over 10,000 units in its first year of availability. Most EV models have only been available for a year or two, although a small batch of Toyota Rav4 EVs was rolled out in the early 2000’s. [keep reading]