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EIA: global plug-in light vehicle sales increased by about 80% in 2015 to 565,668 units; China top market with 38%

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Global plug-in light duty vehicle (PEV) sales increased by about 80% in 2015 to 565,668 units, according to figures compiled by Argonne National Laboratory and posted by the US Energy Information Administration (EIA). Global plug-in light vehicle sales, 2011-2015. Click to enlarge.

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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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Mitsubishi Outlander PHEV hits 200,000 global sales

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Mitsubishi Motors Corporation (MMC) announced that the world’s first plug-in hybrid SUV, the Mitsubishi Outlander PHEV, has achieved sales of 200,000 units worldwide since its launch in 2013. It has become the world best-selling plug-in hybrid vehicle as at the end of December 2018.

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DOE: China alone accounted for 42% of global plug-in vehicle sales in 2016

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About 756,000 plug-in electric vehicles (PEVs) were sold in the world in 2016, with 95% of those sales in China, Europe, the United States, Japan, and Canada, according to figures compiled by the US Department of Energy (DOE). Plug-in vehicle sales by vehicle type, 2015 and 2016. Source: DOE. Click to enlarge.

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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). Pike forecasts that China will likely succeed Japan as the leader in global automotive Li-ion battery production by 2015.

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Navigant forecasts global annual sales of LDVs of 122.6M by 2035, up 38% from 2015

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In a new report, Navigant Research forecasts global annual sales of light duty vehicles will reach 122.6 from 2015 to 2035 to almost 1.9 As a result, the share of vehicles in use that are conventional ICE vehicles will fall from more than 91% in 2015 to under 40% by 2035. million by 2035, up 38% from a projected 88.8

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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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