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Lux: plug-in vehicle battery market to hit $10B in 2020; 6 carmakers = 90% of demand; VW to show most growth

Green Car Congress

Led by Tesla, China’s BYD, and Volkswagen, the battery market for plug-in vehicles will rise to $10 billion in 2020, with electric vehicles (EV) emerging as the drivetrain of choice, according to a new forecast by Lux Research. Plug-in hybrid electric vehicles (PHEVs) will do well in unit sales, accounting for 740,000 of 1.5

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CMU, Ford, Drexel study suggests Chinese more receptive to adopting BEVs than Americans, regardless of subsidies

Green Car Congress

Results from a study by a team from Carnegie Mellon University, Ford and Drexel University suggest that Chinese consumers are more receptive to adopting battery-electric vehicles (BEVs) than their American counterparts, regardless of subsidies. Low-range PHEVs compete most strongly against their gasoline counterparts in both countries.

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BYD’s strategy to take over Europe [Feature]

Teslarati

BYD and other Chinese automakers have studied the European auto market for years. The publication also shared details about how other Chinese automakers are entering the European market and their plans to beat top-selling brands like Tesla and Volkswagen in the EU’s local electric vehicle (EVs) market.

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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

Green Car Congress

The government of China—now the world’s largest automotive market—has made vehicle electrification central to its plan for growing the automotive market both domestically and internationally, and accordingly has created many national and local incentives for plug-in electric vehicle (PEV) purchases. Source: Pike Research.

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PHEV powertrain company ALTe in new commercial vehicle JV in China with Henan Benma; target 10K units/year

Green Car Congress

ALTe Powertrain Technologies (ALTe), developer of a range-extended plug-in electric hybrid vehicle (PHEV) powertrain for light commercial fleet vehicle applications ( earlier post ), will establish a new commercial vehicle manufacturing Joint Venture with the Henan Benma Company (Benma) in the Henan province of China. Earlier post.)

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Roland Berger and fka Index: China to dominate EV market and industry in foreseeable future

Green Car Congress

Only research grants and subsidies are taken into account (not credit programs for manufacturing, budgets for purchase incentives, etc.). In 2016, China more than doubled sales of plug-in hybrids (PHEVs) and battery-electric vehicles (BEVs) to more than 350,000 units. Chinese OEMs will produce some 3.5 Technology.

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J.D. Power survey finds China consumers increasingly enthusiastic about new-energy vehicles; ongoing importance of subsidies; battery worries

Green Car Congress

Power survey on Chinese consumers’ purchase intentions regarding new-energy vehicles. A recent study prepared for the European Parliament’s Committee on Transport and Tourism found that since 2015, China has been far the main market for electric cars (battery-electric and plug-in hybrid) followed by the EU and the US.

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