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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, ACEA. Source: IDTechEx Electric Vans 2020-2030.

Global 259
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CMU study finds limited dedicated residential parking and charging a significant barrier to mainstream EV adoption

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Selected forecasts of US PEV sales with barriers to fleet penetration from limited residential charging infrastructure. All of these challenges to PEV penetration will be more severe in urban areas, where there are fewer charging and parking opportunities. Traut et al. Click to enlarge.

Charging 262
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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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ABI forecasts global electric vehicle revenue to hit $58B in 2021; multi-modal smart mobility

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ABI Research forecasts that global electric vehicle revenue will hit $58 billion in 2021, more than five times its market value in 2015. Leading automotive manufacturers Ford and BMW, for example, are looking to create electric bikes that could fit and charge inside of a car. —Susan Beardslee, Senior Analyst at ABI Research.

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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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California Energy Commission awards more than $1.8M additional funding to further UCSD microgrid project; energy storage, EV charging and V2G services are components

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The California Energy Commission (CEC) approved funding to advance further the development of its pioneering 42 MW peak microgrid and expand electric vehicle charging at the University of California, San Diego (UCSD). Demonstrate the application of this solar forecasting at Sempra Generation’s 48 MW Photovoltaic (PV) Plant.

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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

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Pike Research further estimates that charging station sales in Asia-Pacific will reach more than 860,000 units at a CAGR of 91% (2010-2015) and revenue of more than $865 million in 2015. The latter will be less of a problem over time as public, private, workplace, and residential charge points are installed in the coming years.

Asia 236