Driven by tighter emission standards in Europe, worldwide production of plug-in electric vehicles(PEVs)—including both battery-electric (BEV) and plug-in hybrid (PHEV) models—will increase by 67% this year, according to IHS Automotive, driven by Polk. The jump in the PEV market this year contrasts with an expected 3.6% rise in global manufacturing of all motor vehicles expected in 2014. Total production of PEVs is projected to rise to more than 403,000 this year, up from slightly more than 242,000 in 2013. Growth will accelerate sharply from the […]