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Juniper Research: EV charging at home to exceed $16B globally by 2026

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A new study from Juniper Research forecasts that spend on EV charging at home will exceed $16 billion globally in 2026; up from $3.4 The lack of access to charging at home for urban residents is a major issue, but given EVs are currently high cost, the likelihood is that users will have access to off-street parking.

Global 273
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IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

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In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 Forecast eLCV share of total global LCV market revenue. million units annually by 2030. Source: IDTechEx Electric Vans 2020-2030.

Global 259
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Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

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According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. billion by 2017, the market intelligence firm forecasts. —John Gartner. (In

Li-ion 324
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Frost & Sullivan: inductive (wireless) EV charging to grow with 126.6% CAGR 2012-2020

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A new report from Frost & Sullivan, “Strategic Analysis of Inductive Charging for Global Electric Vehicles (EV) Market,” finds forecasts the total market for inductive (wireless) charging will experience a compound annual growth rate of 126.6% Inductive charging will account for 1.2% kW to enable faster charging.

2020 321
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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Navigant’s analysis indicates that only buyers in California and Oregon will purchase sufficient numbers of vehicles in order to meet the ZEV requirement in 2018 and 2019. Too, the planned expansion of the supercharger network in North America to address charging infrastructure concerns will require at least $62 million.

2014 346
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NY Governor Cuomo announces “Make-Ready” program for EV charging stations; >20K EV rebates approved

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The Make-Ready Program would improve electric vehicle (EV) charging station economics by covering up to 90% of the costs to “make-ready” a site for EV charging; these costs currently present an economic barrier to EV charging station developers. —NY Department of Public Service (DPS) whitepaper on EVSE&I.

New York 170
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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

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By comparison, the Nissan Leaf will cost $26,280 after federal subsidies (including an allowance for charger installation), which is a higher price point than three quarters of all new auto sales. The BNEF forecast is based on first identifying the addressable market for plug-in vehicles—i.e., Last week, J.D. Earlier post.)

Financing 283