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IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

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In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 European Light Commercial Vehicle Sales 2018. IDTechEx says that the light commercial vehicle market is uniquely positioned to rapidly transition to electric vehicles. million units annually by 2030.

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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

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A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April. Although some 1.3

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IDTechEx forecasts $18B market for electric vehicle inverters in 2023

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By volume, inverters in light electric vehicles such as electric bicycles dominate now and will remain so by 2023, with these being largely in Asia, meeting everyday personal transportation needs in large industrial cities. There is no real possibility of dominance by one provider, the company suggests.

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Navigant forecasts connected vehicle revenue to grow to $36.6B by 2025

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The limited electric driving range of most current PEVs makes it important for drivers to take advantage of opportunistic charging and be able to remotely monitor the battery charging status. Connected vehicles have enormous potential to provide drivers with increased situational awareness of upcoming hazards and congestion. ”.

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Pike Research forecasts $18B market in 2020 for advanced lead-acid batteries, 58% in transportation

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In a new report, Pike Research forecasts that the advanced lead-acid battery (LAB) market will expand at a compound annual growth rate (CAGR) of 19.8% By 2020, Pike Research forecasts that advanced lead-acid batteries will capture roughly 25% of the global battery-based grid storage market, a small subset of the broader energy storage market.

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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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Possibilities include dramatic reductions in the cost of EV batteries that lead to more cost- competitive vehicles, greater state or federal incentives, or increasing taxes on fossil fuels. Sales of all light duty vehicles are expected to grow at a compound annual growth rate (CAGR) of just 1% annually in Western Europe and 1.3%

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DOE seeking input on analysis methodology and assumption for estimating total cost of ownership of future advanced vehicle technologies

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DOE conducted a preliminary analysis for several fuel/vehicle pathways for present day (2011) and future (2016 and 2030) mid-size cars to examine the potential for technology improvement to reduce the total costs of ownership of advanced powertrain vehicles and fuels to levels comparable to conventional powertrain vehicles and fuels.

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