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Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit

Green Car Congress

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil.

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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

The forecasters said that while plug-in hybrid electric vehicle (PHEV) sales will play a role in EV adoption from now to 2025, puer battery-electric vehicles (BEVs) will subsequently take over and account for the vast majority of EV sales. BNEF suggested that only in Japan will PHEVs continue to play an important role after 2030.

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Indianapolis plans to add 425 PHEVs and BEVs to municipal fleet by 2016

Green Car Congress

The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 America’s dependence on oil ties our national and economic security to a highly-unpredictable, cartel-influenced global oil market.

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US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

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NRC projections of number of PHEVs in the US light-duty fleet. Costs of light-duty plug-in hybrid electric vehicles (PHEVs) are high—largely due to their lithium-ion batteries—and unlikely to drastically decrease in the near future, according to a new report from the National Research Council (NRC). Click to enlarge.

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Navigant forecasts global light duty electrified vehicle sales to exceed 6.0M in 2024; PEVs to account for roughly half

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vehicles that use electricity for traction, including hybrids, plug-in hybrids, and battery-electrics) will grow from 2.6 These include the dive in oil prices that began in mid-2014, as well as the phasing out of some local government purchase incentives. million vehicle sales in 2015 to more than 6.0 million in 2024.

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Toyota Plug In

Plug In Partners

T oyota President Katsuaki Watanabe made his company's intentions clear yesterday about PHEVs. Here's the story from the LA Times: Toyota promises plug-in hybrid vehicle in U.S., Here's the story from the LA Times: Toyota promises plug-in hybrid vehicle in U.S., Event Summary Oil prices are at record highs.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

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