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Pike Research forecasts automotive Li-ion battery market to grow to almost $22B in 2020; China to become global leader in production by 2015

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Battery-electric vehicles will be the dominant vehicle technology for driving market growth, Pike suggests, because they utilize much larger battery packs than plug-in hybrid electric vehicles (PHEVs). Current BEVs use battery packs ranging from 16 kWh to 85 kWh compared to PHEV packs ranging from 4 kWh to 16 kWh, for example.

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Navigant expects global market for automotive Li-ion batteries to hit $30.6 billion in 2024; almost 4x 2015 market

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In a new report, Navigant Research forecasts the global market for Li-ion batteries in light duty and medium/heavy duty vehicles will almost quadruple from $7.8 billion in 2015 to $30.6 GWh in 2015 to 93.1 billion in 2024. GWh in 2024—a compound annual growth rate (CAGR) of 21.7%.

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Pike forecasts annual global plug-in vehicle sales to exceed 1M units by 2015

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Pike Research forecasts that global sales volumes of plug-in electric vehicles (PEVs) (plug-in hybrid electric and battery-electric vehicles) will cross the 1 million unit threshold for the first time by 2015. In those markets, plug-in hybrids will represent 71% of all electric vehicle sales in 2015.

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Navigant: sales of light duty vehicles to total more than 2.1 billion from 2015 to 2035

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billion from 2015 to 2035. Navigant forecasts global annual LDV sales to grow from 88.8 million vehicles in 2015 to 122.6 Navigant expects the vast majority of growth in the LDV market over the forecast period to come from developing countries in Asia Pacific, specifically China and India. million in 2035.

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Forecast: Cumulative Hybrid and Plug-in Hybrid Fleet Sales to Reach Nearly 4 Million Units By 2015

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Cumulative sales of hybrid vehicles in the fleet sector will total nearly 4 million worldwide between 2009 and 2015, according to a recent report from Pike Research. For example, in North America nearly 10% of buses sold in 2015 will be hybrids. However, M/HD trucks are also receiving PHEV treatments. Clint Wheelock.

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Efficient Drivetrains delivers its largest electric bus order for Golden Dragon In China

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The same drivetrain system received government certification after undergoing durability testing in late 2015. Golden Dragon has played a key role in evolving clean transportation in China and the Asia-Pacific regions. Globally, EDI expects to close several hundred orders for bus drivetrains this year.

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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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During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. million electric-drive motors will ship in 2014: HEVs, PHEVs, and BEVs.

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