[Due to the increasing size of the archives, each topic page now contains only the prior 365 days of content. Access to older stories is now solely through the Monthly Archive pages or the site search function.]
Anderman report sees strongest growth for full-hybrid systems; Li-ion batteries for hybrids may be in short supply
November 22, 2013
Low-cost 14V micro hybrid systems and full (strong) hybrid (i.e., systems with limited electric drive) architectures at 140-300V are entering strong growth phases, while the future of intermediate systems—those falling between the high-voltage full hybrids and the low-voltage stop-start systems—is less clear, according to “Assessing the Future of Hybrid and Electric Vehicles: The 2014 xEV Industry Insider Report” by Dr. Menahem Anderman of Advanced Automotive Batteries (AAB), to be released next week.
The 170-page report also finds that while the combined global EV and plug-in Hybrid (PHEV) market share is expected to grow to about 1.5% of total vehicle sales by 2020, the more significant story is the rapid expansion of strong-hybrid vehicles led by Toyota, Ford, and Honda, followed by Hyundai, Nissan and others. The current market share in Japan already exceeds 20%, and the world market share is estimated to exceed 5% by 2020.
IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend
November 13, 2013
|Energy demand growth moves to Asia. Source: IEA. Click to enlarge.|
The newly released 2013 edition of the IEA World Energy Outlook (WEO) depicts a world in which some long-held tenets of the energy sector are being rewritten; importers are becoming exporters, while exporters are among the major sources of growing demand. However, the report advises, long-term solutions to global challenges remain scarce; as one example, the report sees global CO2 emissions rising by 20% to 37.2 Gt by 2035.
WEO-2013 presents a central scenario (“New Policies”) in which global energy demand rises by one-third in the period to 2035, although energy demand in OECD countries barely rises and by 2035 is less than half that of non-OECD countries. China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The US moves steadily towards meeting all of its energy needs from domestic resources by 2035. Together, these changes represent a re-orientation of energy trade from the Atlantic basin to the Asia-Pacific region, according to the report’s scenario.
CMU study finds limited dedicated residential parking and charging a significant barrier to mainstream EV adoption
November 12, 2013
|Selected forecasts of US PEV sales with barriers to fleet penetration from limited residential charging infrastructure. Traut et al. Click to enlarge.|
An analysis by researchers at Carnegie Mellon University of parking and charging availability for electric vehicles in the US has concluded that limited availability of dedicated residential parking—and hence charging opportunities—is a significant barrier to mainstream electric vehicle adoption. The study, which was funded in part by grants from the National Science Foundation, CMU’s Steinbrenner Institute for Environmental Education and Research, General Motors, Ford and Toyota, is to appear in the journal Transportation Research (Part D).
The team, led by Professor Jeremy Michalek, assessed existing and potential charging infrastructure for plug-in vehicles in US households using data from the American Housing Survey and the Residential Energy Consumption Survey. The team found that while approximately 79% households have off-street parking for at least some of their vehicles, only an estimated 56% of vehicles have a dedicated off-street parking space—and only 47% at an owned residence. Only approximately 22% vehicles currently have access to a dedicated home parking space within reach of an outlet sufficient to recharge a small plug-in vehicle battery pack overnight.
Berkeley Lab modeling study finds California will not meet 2050 GHG targets without additional policy measures
November 05, 2013
|Comparison of GHG emissions by study scenario, along with historical and “straight-line” connections between 2020 and 2050 policy targets. 85 MtCO2/yr (red square) is the 2050 target. Greenblatt 2013. Click to enlarge.|
California will attain its 2020 statewide greenhouse gas reduction targets, according to a new modeling study by Jeffery Greenblatt at Lawrence Berkeley National Laboratory.
However, while all of the three scenarios developed for the study achieved the 2020 target, none were able to achieve the 2050 GHG target of 85 MtCO2/yr, instead yielding emissions ranging from 188 to 444 MtCO2/yr. Therefore, Greenblatt concluded, additional policies will need to be developed for California to meet this stringent future target.
PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012
October 30, 2013
Global light vehicle assembly will reach 81.8 million units in 2013, representing a 3.3% year-over-year gain, according to Autofacts, PwC’s automotive analyst group. While there has been speculation around the long-awaited recovery of the European Union (EU), 2013 is poised to mark a turning point, setting the stage for recovery in 2014. This will bring the region in sync with the recent recoveries in North America and Eastern Europe and the continued growth in developing Asia-Pacific and South America, according to the consultancy.
“Consumer demands and regulatory requirements are motivating the global automotive industry to push ahead with technological breakthroughs on a larger scale,” said Rick Hanna, PwC’s global automotive leader. “Innovation ranging from new investments in lightweight materials, advanced drivetrains and infotainment systems to fresh approaches in engaging customers, will continue to shape the industry. The automakers that effectively leverage high-tech advancements in vehicles, mobile devices and data analytics will likely gain a competitive advantage in this dynamic market.”
Navigant Research forecasts rapid growth in V2G for ancillary services to 2022; $190.7M in frequency regulation revenue by then
October 18, 2013
In a new report, Navigant Research forecasts that global vehicle-to-grid (V2G)-enabled plug-in electric vehicles (PEVs) servicing the ancillary services market will grow at a compound annual growth rate (CAGR) of 64.3% from 2013 to 2022.
In North America—which Navigant sees as the strongest initial market opportunity—Navigant sees frequency regulation revenue for PEVs growing from just more than $500,000 in 2013 to just less than $50 million in 2022. Globally, Navigant Research forecasts that frequency regulation revenue will reach $190.7 million by 2022. Navigant Research has not developed revenue forecasts for PEVs participating in demand response (DR) programs, as it is currently unclear how PEV owners will be compensated.
Navigant Research tags Jiangsu Xinri E-Vehicle Company as leader in e-scooter market
October 15, 2013
|Navigant ranks Jiangsu Xinri E-Vehicle Company as the top e-scooter company. Source: Navigant. Click to enlarge.|
Although still a nascent market in most regions of the world, electric scooters sell in significant numbers in Asia Pacific today, according to Navigant Research. Sales of e-scooters in China alone are expected to reach 9.4 million in 2013, compared to 2.6 million in all other countries combined. Sales in regions outside of Asia Pacific are estimated at 31,338 vehicles in 2013, Navigant said.
Navigant Research projects global market for plug-in charging equipment to grow to 4.3M units and $5.8B in revenue in 2022
October 02, 2013
The market for plug-in electric vehicles (PEVs) has expanded in recent years in parallel with the deployment of publicly accessible charging stations, mainly funded by government programs. According to a new report from Navigant Research, there are now almost 64,000 public charging stations installed globally. Overall, Navigant Research expects global sales of electric vehicle supply equipment (EVSE) to grow from around 442,000 units in 2013 to 4.3 million in 2022, a compound annual growth rate (CAGR) of 28.8%. The company expects revenue from the sales of EVSE to grow from $567 million in 2013 to $5.8 billion in 2022 at a CAGR of 29.4%.
Residential EVSE sales are directly driven by the increase in PEV sales, as many drivers purchase a charger for exclusive use at home. Commercial charging, which includes workplace, public and private chargers, is more indirectly tied to PEV growth and is still driven to a great degree by government support, the market research firm observed. However, this dynamic is changing, as government programs in some regions are coming to a close.
Navigant forecasts 18.6% CAGR for plug-ins in North America to 2022; 2.4% new vehicle share in US
September 10, 2013
|Annual light duty PEV Sales, top 5 states, 2013-2022. Source: Navigant. Click to enlarge.|
In an update to its 2012 geographic breakdown of plug-in electric vehicle (PEV) sales in North America, Navigant Research now forecasts that overall sales of will grow at a compound annual growth rate of 18.6% between 2013 and 2022. Navigant Research forecasts that PEVs will reach 416,153 annual sales in the United States and 230,479 in Canada by 2022.
The model for North American PEV sales by US state, metropolitan statistical area (MSA), Canadian province, Canadian city, and selected US utility service area has been updated to better align with actual sales data from the first full year of wide availability of PEVs.
Navigant Research projects autonomous vehicles to represent 75% of all LDV sales by 2035
August 20, 2013
|Autonomous Vehicle Sales by Region, World Markets: 2015-2035. Source: Navigant Research. Click to enlarge.|
In a new report, Navigant Research forecasts that vehicles with autonomous driving modes will gradually gain traction in the market over the coming two decades, from about 4% of the global light-duty vehicle market in 2025, rising to roughly 41% in 2030 and 75% by 2035—about 95.4 million units annually by then.
Navigant projects that the first fully autonomous functions will go into production in 2020, though the projected numbers will extremely low. The compound annual growth rate (CAGR) for the three largest markets (North America, Western Europe, and Asia Pacific) from 2020 to 2035 is expected to average approximately 85%.
EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%
July 25, 2013
|World energy consumption by fuel type, 2010-2040. Source: IEO2013. Click to enlarge.|
The US Energy Information Administration’s (EIA’s) International Energy Outlook 2013 (IEO2013) projects that world energy consumption will grow by 56% between 2010 and 2040, from 524 quadrillion British thermal units (Btu) to 820 quadrillion Btu. Most of this growth will come from non-OECD (non-Organization for Economic Cooperation and Development) countries, where demand is driven by strong population and economic growth; energy intensity improvements moderate this trend
Renewable energy and nuclear power are the world’s fastest-growing energy sources, each increasing 2.5% per year, according to the biennial report. However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. Given current policies and regulations limiting fossil fuel use, worldwide energy-related CO2 emissions rise from about 31 billion metric tons in 2010 to 36 billion metric tons in 2020 and then to 45 billion metric tons in 2040, a 46% increase over the 30-year span.
Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil
July 02, 2013
In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution.
In their a paper published in the ACS journal Environmental Science & Technology, Dr. Adam Brandt and his colleagues used historical relationships to project future demand for (a) transport services; (b) all liquid fuels; and (c) substitution with alternative energy carriers, including electricity. Their results showed great increases in passenger and freight transport activity, but less reliance on oil.
Navigant forecasts global natural gas fleet of 34.9M by 2020
June 20, 2013
|Cumulative natural gas vehicles in use by segment, world markets: 2013-2020. Source: Navigant Research. Click to enlarge.|
In a new report, Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 million by 2020. The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests.
Natural gas is about 41% the cost of gasoline, Navigant says, noting that compressed natural gas (CNG) equipment adds between 10% to 40% to the cost of the vehicle due to the CNG cylinders and engine equipment, while liquefied natural gas (LNG) adds 60% to 80% due to the more expensive storage tanks. The differential in the cost of the fuels determines the payback on this additional equipment (currently between 2.5 and 6 years, depending on the vehicle).
ICF report finds California Low Carbon Fuel Standard can be achieved with modest changes in diversity of fuels
June 13, 2013
The requirements of the California Low Carbon Fuel Standard (LCFS) can be achieved through modest changes in the diversity of transportation fuels supplied to California, according to a report of the first phase of a two-phase, year-long project assessing the economic and environmental impacts of compliance with California’s LCFS out to 2020. This first phase focused on the development of compliance scenarios based on market research, consultation with stakeholders, and market forecasts based on best estimates of fuel availability.
The LCFS requires a 10% reduction in the carbon intensity (in gCO2e/MJ) of transportation fuels by 2020, as measured on a lifecycle basis. The report, “California’s Low Carbon Fuel Standard: Compliance Outlook for 2020” was prepared by consultancy ICF International for CalETC (California Electric Transportation Coalition), in partnership with the California Natural Gas Vehicle Coalition, the National Biodiesel Board (NBB), the Advanced Biofuels Association (ABFA), Environmental Entrepreneurs (E2), and Ceres.
Navigant forecasts hybrids to account for almost 4% of global LDV sales by 2020, plug-ins 3%
June 11, 2013
|Annual light duty electric vehicle sales by drivetrain, world markets: 2013-2020. Source: Navigant Research. Click to enlarge.|
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.
The company also expects, despite the challenges of new technology, that plug-in electric vehicles will grow rapidly in many regions as a result of rising fuel prices, falling PEV prices, and increasing availability of PEV models. The result is a PEV market that will reach 3 million vehicles sold in 2020, representing 3% of the global light-duty vehicle market.
Navigant forecasts global light-duty fuel-cell-vehicle sales to surpass 2M annually by 2030
May 27, 2013
|Annual light-duty fuel cell vehicle sales through 2030. Source: Navigant Research. Click to enlarge.|
In a newly published research report (“Fuel Cell Vehicles”), Navigant Research forecasts that worldwide sales of light-duty fuel-cell vehicles (FCVs) will reach the 1,000 mark in 2015 and then begin a period of strong growth, surpassing 2 million vehicles annually by 2030.
The light-duty FCV market will be in a long period of supply constraints until around 2020, the report notes, breaking out only if the infrastructure is in place to meet customers’ fueling requirements. This will require a large investment from government and industry, Navigant concludes. If the infrastructure is built out, automakers will increase their production levels, which will result in major cost reductions—a “virtuous cycle” that will lead to a demand-driven market in the period after 2025.
Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide
May 22, 2013
|The Q1 2013 index (top) shows that the 7 top automotive nations have seen their competitive positions shift since 2012 (bottom). Source: Roland Berger. Click to enlarge.|
Despite maturing technology and better cost structures, worldwide production forecasts for electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs) are in decline, posing a threat to national targets to raise the share of xEVs in vehicle fleets, according to the latest E-mobility Index by Roland Berger Strategy Consultants and Forschungsgesellschaft Kraftfahrwesen mbH Aachen (fka) for Q1 2013.
The index compares the development of e-mobility in seven leading car-manufacturing nations (Germany, France, Italy, US, Japan, China and South Korea) on the basis of three parameters: technology, manufacturing, and market.
Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids
May 20, 2013
|Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Source: Roskill. Click to enlarge.|
In a forecast of the Lithium market through 2017, Roskill Information Services estimates that rechargeable batteries will, in the base-case growth scenario, contribute 75% of the growth in forecast lithium demand to 2017, when total demand for lithium is expected to reach slightly more than 238,000t lithium carbonate equivalent (LCE). Roskill is an international metals and minerals market research firm.
Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002. This end-use was responsible for 44% of the net increase in lithium consumption over the last ten years, and 70% over the last five years.
California ARB 2013 research project to characterize ZEV market; assessing future market potential
May 18, 2013
The California Air Resources Board (ARB) 2013 research plan includes a project that will comprehensively characterize the Zero Emission Vehicle (ZEV) market, with the ultimate goal of increasing consumer purchases of ZEVs.
The proposed project will investigate the factors that influence sales of ZEVs in California (e.g., price, vehicle range, infrastructure). The project is intended to support the planned upcoming mid-term review of California’s Advanced Clean Cars program (earlier post), coordinated with the US Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration (NHTSA).
IEE forecasts electric-drive LDVs could constitute between 2 to 12% of US vehicle stock by 2035
April 22, 2013
|Forecast by LDV scenario (millions). Source: IEE. Click to enlarge.|
Under its most conservative of scenarios, more than 5 million light-duty electric-drive vehicles will be on the road in the US by 2035, according to a new forecast by IEE, an institue of the Edison Foundation. According to the report, “Forecast of On-Road Electric Transportation in the US (2010-2035)”, this figure could increase to as high as 30 million EVs depending on advances in battery technology.
IEE developed three general scenarios for electric transportation: low, medium, and high. These scenarios provide projections based on EIA’s Annual Energy Outlook (AEO) 2012 Reference Case, advances in battery technology (e.g., improved battery chemistry that allows for faster and deeper charging and reductions in battery cell and other component costs), and oil prices increasing to $200 per barrel:
Navigant Research forecasts EV charger global market to grow to $3.8B by 2020; 27.1% CAGR from 2013
April 11, 2013
|Total installed public EVSE stations by technology and region, world markets: 2012. Source: Navigant Research. Click to enlarge.|
Navigant Research forecasts that the global EVSE (electric vehicle supply equipment, i.e., charger) market will grow from $713 million in 2013 to $3.8 billion by 2020, a compound annual growth rate (CAGR) of 27.1%.
In a new report, “Electric Vehicle Supply Equipment Tracker 1Q13”, Navigant notes that definitions concerning technologies, industry standards, and market segments vary from region to region making tracking this market difficult. A typical charging station in China is more akin to a “center” in which hundreds of charging points can be accessed for both commercial and passenger vehicles; in almost all other regions, a charging location is one to two pieces of equipment than can service two to four vehicles.
Navigant forecasts modest growth in global e-bike market through 2020; China slowing
April 05, 2013
In a new report, Navigant Research forecasts that the global market for e-bicycles will grow at a modest rate of 3.1% CAGR (compound annual growth rate) from 31 million in 2013 to nearly 38 million in 2020. North America, Western Europe, and Latin America will show signs of faster growth (9.7%, 9.1%, and 14.4% CAGR, respectively), the market research firm anticipates. Western Europe is currently the second largest market (behind China) with an expected 1.0 million sales in 2013 and growth to 1.9 million by 2020.
Navigant expects the China market will reach 28.0 million e-bicycles in 2013: 92% of the total world market. The e-bicycle market in China is slowing, however, due to a weakened economy, increased consolidation of manufacturers, and supply chain issues in the lead-acid battery market, Navigant says.
Navigant forecasts global 6% CAGR for biofuels to 2023
March 29, 2013
|Total Biofuels production by fuel type, world markets: 2013-2023. Source: Navigant. Click to enlarge.|
Navigant Research forecasts global biofuels production will grow at a compound annual growth rate (CAGR) of 6% between 2013 and 2023, despite slower than expected development of advanced biofuels pathways (such as cellulosic biofuels); an expected expansion in unconventional oil production in key markets such as the United States; and a decline in global investment for biofuels in recent years.
In contrast, Navigant expects the CAGR for fossil-based gasoline, diesel, and jet fuel to be 3.1% over the forecast period. The research firm projects that total biofuels production will reach 62 billion gallons by 2023 or 5.9% of global transportation fuel production from fossil sources.
Navigant forecasts global sales of LDV electric drive motors to hit 3.7M by 2020
March 27, 2013
|Electric vehicle drive motor revenue by region, world markets: 2013-2020. Source: Navigant. Click to enlarge.|
Unit sales of electric drive motors for light-duty vehicles (LDVs) will reach 3.7 million by 2020, growing from 1.5 million in 2013, according to a new report from Navigant Research (formerly Pike Research). Total global market revenue will grow from just less than $1 billion in 2013 to more than $2.8 billion in 2020, representing a compound annual growth rate (CAGR) of 16.6%.
The market for electric traction motors is determined by the demand for electric and electrically assisted vehicles, which varies across the three major automotive market regions in the world (North America, Western Europe, and Asia Pacific), Navigant notes. While sales of battery electric vehicles (BEVs) are increasing, the growth is slow and steady rather than exponential. Cost remains the main barrier in the short term, with the battery pack being by far the most expensive component.
NRC report concludes US LDVs could cut oil consumption and GHGs by 80% by 2050; reliance on plug-ins, biofuels and hydrogen; strong policies mandatory
March 18, 2013
|Projected rates of fuel consumption improvement under different scenarios relative to past experience and the 2016 and 2025 CAFE standards. Source: NRC. Click to enlarge.|
Light-duty vehicles (LDVs) in the US may be able to reduce petroleum use by 50% by 2030, and by 80% by 2050; and reduce greenhouse gas (GHG) emissions by 80% by 2050, according to the newly published results of a two-year study by a committee convened by the National Research Council.
Achieving those goals will will be difficult—but not impossible to meet—and will necessitate a combination of more efficient vehicles; the use of alternative fuels such as biofuels, electricity, and hydrogen; and strong government policies to overcome high costs and influence consumer choices. Given the importance of policy as a driver, the committee was also asked—somewhat unusually for a study of this kind—to explore policies, noted Douglas M. Chapin, principal of MPR Associates, and chair of the committee that wrote the report.
DOE TEF project finds US can eliminate petroleum and reduce GHG by more than 80% in transportation by 2050; less use, more biofuels, expansion of electricity and hydrogen
March 15, 2013
|TEF project points to deep cuts in petroleum and emissions in the transportation sector by focusing on modes, fuels, and demand. Source: DOE. Click to enlarge.|
The US Department of Energy (DOE) released findings from a new project—Transportation Energy Futures (TEF)—that concludes the United States has the potential to eliminate petroleum use and greenhouse gas (GHG) emissions by more than 80% in the transportation sector by 2050. The project identifies possible paths to a low-carbon, low-petroleum future in the US transportation sector, and also looks beyond technology to examine the marketplace, consumer behavior, industry capabilities, and infrastructure.
TEF is organized into four research areas: light-duty vehicles; non-light-duty vehicles; fuels; and transportation demand. Findings are being detailed in a series of nine reports, six of which are now available.
ExxonMobil: diesel will surpass gasoline as the number one global transportation fuel by 2020
March 09, 2013
|Transportation fuel mix in millions of oil-equivalent barrels through 2020. Source: ExxonMobil Outlook. Click to enlarge.|
Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. The relative shift away from motor gasoline to diesel is driven by improving light-duty vehicle fuel economy and the growth in commercial transportation activity. Diesel demand accounts for 70% of the growth in demand for all transportation fuels through the forecast period to 2040.
Fuel demand for heavy-duty vehicles, the largest subsector, sees the greatest growth, up 65%, and accounts for 40% of all transportation demand by 2040. About 80% of the growth in commercial transport demand will come from developing nations, according to the forecast. Fuel for aviation and marine will increase about 75% and 90%, respectively, over the Outlook period, with their combined share growing from about 20% today to more than 25% by 2040.
Pike Research forecasts smart city technology market to grow to $20.2B annually in 2020; smart transportation component to be worth $5.5B by 2020
January 22, 2013
In a new report, Pike Research forecasts that the smart city technology market will grow from $6.1 billion annually in 2012 to $20.2 billion in 2020—a compound annual growth rate (CAGR) of 16.2%. Globally, Pike anticipates cumulative investment of more than $117 billion in smart city technologies between 2012 and 2020.
Pike Research analyzes the market in terms of the five “industries” that are core to the development of smart cities: smart energy; smart water; smart transportation; smart buildings; and smart government. The fastest-growing of these industries will be smart transportation, with a CAGR of 19.5% between 2012 and 2020. By 2020, the smart transportation market related to smart cities will be worth $5.5 billion annually.
Pike Research forecasts automotive Li-ion battery market to grow to almost $22B in 2020; China to become global leader in production by 2015
January 11, 2013
|Total lithium-ion transportation battery revenue by region, world markets: 2012-2020. Source: Pike Research. Click to enlarge.|
In a new report, Pike Research forecasts that the overall market for Li-ion batteries in light duty transportation will grow from $1.6 billion in 2012 to almost $22 billion in 2020.
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). Current BEVs use battery packs ranging from 16 kWh to 85 kWh compared to PHEV packs ranging from 4 kWh to 16 kWh, for example.
ACEA says that without improved conditions, unlikely full potential of e-mobility will be met; need for standards, coordinated approach to incentives, R&D support; 2–8% market penetration for next decade
January 07, 2013
The European Automobile Manufacturers’ Association (ACEA) is warning that under current conditions, it is unlikely that the full potential of e-mobility will be met.
This is partly due to the current economic situation, with declining sales of vehicles. However, the trade association says, it is to a large extent also due to slow progress in charging standards; the fragmentation of internal market as a result of uncoordinated approach to market incentives; a lack of dedicated support for R&D; and no clear and unified vision on infrastructure.
Pike Research forecasts hybrids and plug-ins to grow to 4% of European market in 2020
January 02, 2013
|Pike’s projected vehicle sales by electrified drivetrain, European markets: 2012–2020. Click to enlarge.|
Pike Research forecasts that electric vehicles—conventional hybrids (HEVs), plug-in hybrids (PHEVs) and battery-electrics (BEVs)—will grow from 0.7% of the market in Europe in 2012 to 4% in 2020. While that is still a small portion of the market, it represents more than 827,000 vehicles per year, Pike notes. The biggest growth is expected in BEVs followed by PHEVs, with HEVs lagging behind.
Pike Research forecasts that by 2020 more than 1.8 million BEVs will be on Europe’s roadways, along with 1.2 million PHEVs and 1.7 million HEVs.
Polk expects 2013 US new vehicle registrations to grow 6.6% to 15.3M; only slight improvement in hybrid category
|Polk light vehicle forecast through 2016. Data: Polk. Click to enlarge.|
New light vehicle registrations in the US in 2013 are expected to rise 6.6% over 2012 levels to 15.3 million vehicles, according to Polk, a global automotive market intelligence firm. At the same time, Polk analysts forecast North American production volumes to increase to the 15.9 million unit range (an anticipated 2.4% increase from 2012), driven by an improving economy and capacity expansion in the region.
According to Polk’s analysis, new vehicle introductions in 2013 will escalate significantly, with 43 new vehicle introductions in the US planned for the year, up nearly 50% over 2012 levels, along with 60 vehicle redesigns. While the number of available hybrid models in the US will also increase this year, Polk anticipates only a slight improvement in this category from its current level of approximately 2.9% of the overall market.
Pike Research updates xEV forecasts; projects Ford to lead US PEV market, followed by GM
December 21, 2012
Pike Research has published an update to its earlier forecasts on xEVs: hybrid (HEVs); plug-in hybrid (PHEVs); and battery electric vehicles (BEVs). As a result of new assumptions, Pike Research has slightly reduced its forecasts for plug-in vehicles (PEVs: PHEVs and BEVs combined) from past forecasts.
This reduction was driven largely by the slow growth of BEVs in the United States (the largest market for PEVs) in 2012 and the postponement of some vehicle launches, the research firm noted. However, Pike still anticipates 39% CAGR (compound annual growth rate) between 2012 and 2020. In contrast, the CAGRs for HEVs and the total vehicle market are estimated at 6% and 2%, respectively. Highlights of the forecast include:
Pike Research makes 10 electric vehicle predictions for 2013
December 18, 2012
Sales of plug-in vehicles (PEVs) in 2013 will continue to outpace the first years of hybrid vehicle sales as more than 210,000 PEVs will be sold globally and more than three dozen PEV models will debut, according to a year-end free whitepaper published by Pike Research, that makes 10 specific predictions about electric vehicles in 2013.
More broadly, Pike envisions PEV sales in California—the leading market for such in the US—expanding into smaller urban and suburban regions with more dealers beginning to offer the vehicles. Pike also anticipates forward momentum with PEVs in China. The research company also projects that several startup electric vehicle (EV) companies are likely to be absorbed or discontinue operations during the year. Within that context of accelerating sales growth, the 10 specific predictions are:
Anderman: Li-ion capacity far outstripping demand as automakers focus more on hybrids, less on full EVs
Global automotive Li-Ion battery production capacity is outstripping demand five-to-one as automakers refocus on hybrids and away from full electric vehicles, according to Dr. Menahem Anderman’s recently released xEV Industry Insider Report. Anderman is founder and chairman of the Advanced Automotive Battery Conference (AABC); the 13th annual conference is scheduled for February 2013 in Pasadena, California.
The report notes that despite heavy subsidies by governments and automakers, 2012 EV sales are coming short of meeting many automakers’ sales and production plans. Conversely, those of HEVs are in line with plans. As a result, production plans for EVs and plug-in hybrid electric vehicles (PHEVs) for the next 4-5 years are being slashed. Anderman projects a global EV/PHEV 2016 market at around 0.6% of anticipated 2016 new vehicle sales, leaving the over-invested battery industry in a trying environment.
Pike Research forecasts $18B market in 2020 for advanced lead-acid batteries, 58% in transportation
December 10, 2012
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% over the next 8 years. Of the projected US$18-billion market in 2020, 58% of the sales will be from the transportation sector, historically one of the most of important industries for lead-acid batteries.
New applications will constitute the rest of the market volume, according to the report, “Advanced Lead-Acid Batteries”, driven by the expanding market potential of the global grid storage market. 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. The market value for advanced lead-acid batteries in grid storage will be approximately $6.8 billion in 2020, according to Pike.
IDTechEx forecasts $18B market for electric vehicle inverters in 2023
December 08, 2012
The market for electric vehicle inverters, including converters, for both hybrid and pure electric vehicles—land, water and air—will grow to $18 billion in 2023 according to a new report from IDTechEx, “Inverters for Electric Vehicles 2013-2023”.
The demand for inverters and electric power conversions is already well established in the automation and industrial control industries which are also growing at considerable pace. The addition of a significant complimentary emerging market will create new sectors for existing inverter and power electronic component suppliers as well as create opportunities for new players, particularly those with specialist electric vehicle knowledge and those able to develop added value through highly integrated electric powertrain systems, the report suggests.
EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012
December 05, 2012
|Transportation sector gasoline demand declines. Click to enlarge.|
The US Energy Information Administration released its Annual Energy Outlook 2013 (AEO2013) Reference case (the Early Release), which highlights a growth in total US energy production that exceeds growth in total US energy consumption through 2040.
Among its many findings, the Reference case suggests that US primary energy consumption will grow by 7% from 2011 to 2040 to 108 quadrillion Btu. However, energy use per capita declines by 15% from 2011 through 2040 as a result of improving energy efficiency (e.g., new appliance standards and CAFE) and changes in the way energy is used in the US economy. Further, the fossil fuel share of primary energy consumption falls from 82% in 2011 to 78% in 2040 as consumption of petroleum-based liquid fuels falls, largely because of the incorporation of new fuel efficiency standards for light-duty vehicles.
Pike Research forecasts annual investments in vehicle-to building technologies will reach about $103M worldwide by 2020
|Annual total V2B investment by region, world markets: 2012-2020. Source: Pike Research. Click to enlarge.|
Despite the potential of defraying a plug-in vehicle’s cost by supporting a building’s energy consumption, vehicle-to-building technology (V2B) as a viable commercial market is still 3 to 5 years off, according to a new report from Pike Research.
Pike Research that vehicle investment to enable V2B will be about $27 million worldwide annually by 2020, while investments in required upgrades to infrastructure—including power electronics, inverters, and power management software—will grow to nearly $76 million worldwide, annually, by then.