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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. Earlier post.).

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Pike forecasts cumulative plug-in vehicle sales to reach 5.2M units worldwide by 2017

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Annual light-duty electric vehicle sales, world markets: 2011-2017. Pike Research forecasts that cumulative sales of plug-in electric vehicles (PEVs), the category that includes both plug-in hybrid and battery-electric vehicles (PHEVs and BEVs), will reach 5.2 between 2011 and 2017 (this compares to a CAGR of 3.7%

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Pike Research forecasts global hybrid medium- and heavy-duty truck sales to surpass 100,000 vehicles annually by 2017; about 2.1% of total MD/HD sales

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MD/HD HEV Truck Sales as percentage of ICE trucks, World Markets: 2011 and, 2017. million by 2017. million by 2017. Overall, Pike Research forecasts that the market for hybrid and plug-in trucks will grow at an annual rate of 47.2% between 2011 and 2017 to reach 100,746 trucks, or about 2.1% Source: Pike Research.

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Efficient Drivetrains receives 30-unit PHEV bus order for City of Kunming, China

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(EDI) has received a production order for PHEV bus drivetrain systems from the city of Kunming, China. Forecasts indicate that Chinese bus markets will see more than 200,000 PHEV and EV buses by 2020, with full electrification by 2027. EDI has also experienced strong growth in the North American market for full-electric buses.

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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

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PEV Sales in China by segment: 2012-2017. Pike projects the PEV market in China will grow at a compound annual growth rate (CAGR) of 60% from 2012 to 2017, surpassing 152,000 units sold annually by 2017. BEV/PHEV cars that were. Source: Pike Research. Click to enlarge. Battery-electric (BEVs) will outsell.

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IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

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Global electric vehicle production forecast for 2014. Driven by tighter emission standards in Europe, worldwide production of plug-in electric vehicles(PEVs)—including both battery-electric (BEV) and plug-in hybrid (PHEV) models—will increase by 67% this year, according to IHS Automotive, driven by Polk. Click to enlarge.

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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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Data and analytics company GlobalData forecasts that the demand for lithium needed for the production of lithium-ion batteries for use in EVs will more than double from 26.7kt in 2018 to 58.3kt in 2022. In 2017, 1.1 These numbers include battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV).

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