According to a recent statement by leading Li-ion battery maker Ener1, nearly 15 percent of the market share will be occupied by electric cars by 2020. Ener1 CEO Charles Gassenheimer says that majority of large number of urban delivery vans will form a part of the passenger vehicle market. He also foresees new age battery powered cars like Volvo C30 coming into the market. This means that by 2020 nearly one-sixth of the passenger vehicle market will have electric cars on road.

‘We’re anticipating the market early adopters to be municipal government fleets, particularly in Asia and Europe’ he said, revealing that his company was involved in supplying technology to the Japanese postal service for its delivery vans. ‘We need the cars, the battery technology and the charging points and all three need to be there for electric cars to work’ he said.

Gassenheimer also asserted that in order to make electric vehicles successful around the globe mass infrastructural development is needed that will facilitate charging of these cars. These charging points will be similar to the current gas stations of petrol pumps available for fossil fuel cars but can be more compact and less hazardous like fossil fuel.