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Toyota to debut 2 BEVs, 1 PHEV for US this year; says research shows BEVs & PHEVs have similar environmental benefits

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Toyota Motor North America (TMNA) plans to debut three new electrified models—two BEVs and a PHEV—in the US market this year. Between now and 2025, Toyota and Lexus models, globally, will have an electrified option. Manufacturing is a component of GHG emissions.

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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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Forecast: 3.2M Plug-in Electric Vehicles to be Sold Worldwide between 2010 and 2015; More Than 1M PEVs in 2015

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Total global electrified vehicle sales. Pike forecasts that PHEV and BEV sales will reach just over 1 million units in five years (1,081,294 vehicles in 2015), with PHEVs accounting for 44% of that amount. CAGR between 2010 and 2015 (compared to 4.8% Source: Pike Research. Click to enlarge.

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IDTechEx: Market value for hybrid electric vehicles to peak at $792 billion in 2027

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Hybrid electric vehicles (HEVs) have seen significant growth in sales over recent years, and the HEV market is set to increase in 2020 despite the implications of COVID-19 on the global automotive industry. HEVs can also aid manufacturers, the report notes. Several have not made their stance clear on HEVs and PHEVs, but some have.

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Toshiba to supply inverters for Fords HEVs and PHEVs from 2012

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The Ford Motor Company has selected Toshiba Corporation to supply automotive inverters for hybrid electric vehicles (HEV) and plug-in hybrid electric vehicles (PHEV). Toshiba already has a June 2010 contract with Ford under which it will supply high-performance drive motors for HEV and PHEV from 2012, from its facility in Houston, Texas.

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