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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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In a new report , Pike Research forecasts that the overall market for Li-ion batteries in light duty transportation will grow from $1.6 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).

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Navigant forecasts hybrids to account for almost 4% of global LDV sales by 2020, plug-ins 3%

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Annual light duty electric vehicle sales by drivetrain, world markets: 2013-2020. In its latest forecast for hybrid and plug-in electric vehicle sales, Navigant Research expects that hybrid electric vehicles (HEVs), which today account for about 2% of global light duty vehicle sales, will grow to almost 4% of global LDV sales by 2020.

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Navigant forecasts MHD vehicle market to nearly double by 2035 with declining share of conventional engines; gases win out over electricity

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The number of medium- and heavy-duty vehicles (MHDVs) in use worldwide will nearly double between 2014 and 2035, according to a new forecast report by Navigant Research. Navigant projects that annual MHDV sales will grow throughout the forecast period at a compound annual growth rate (CAGR) of 2.4%. of the market in 2014 to 11.2%

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Four China OEMs select Efficient Drivetrains for PHEV systems for buses

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The company will be supplying its EDI PowerDrive Plug-in Hybrid Electric (PHEV) drivetrains and EDI PowerSuite vehicle control software to Shaanxi Automotive; Ankai; Xiamen Jinlong; and Yaxing Motors as the companies work to rapidly offer electrified buses in response to government mandates.

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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. Pike notes that total PEV penetration will remain low for the foreseeable future in relation to the total light-duty vehicle market.

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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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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 for the overall light-duty vehicle market). Pike expects that the 107% CAGR for the PHEV market will result in global sales of 472,612 units in 2015.

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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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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% in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report. million electric-drive motors will ship in 2014: HEVs, PHEVs, and BEVs.

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