Electric Vehicles Could Capture 20% of the Market by 2030
Study Explores the Business Case for Plugged-In Electric Vehicles
A White Paper, Battery Electric and Plug-in Hybrid Vehicles: The Definitive Assessment of the Business Case, from IHS Global Insight's Automotive Group finds that electric vehicles will make up nearly 20% of the global market for light vehicles in 2030.
As the world responds to concerns over warming and climate change, the advantages of electric vehicles are numerous—the multiplicity of energy sources, reduced emissions, reduced noise, the possibility of reduced operating costs—but so too are the challenges—the development of powerful, long-lasting batteries and ready access to a reliable power grid for recharging.
IHS Global Insight's Automotive Group, the premiere provider of automotive intelligence and insight, has created a new study titled "Battery Electric and Plug-in Hybrid Vehicles: The Definitive Assessment of the Business Case." This study provides business and technology planners and investors with a thorough and objective understanding of:
- The status of electric grid-based light-vehicle powertrains
- Major technical, infrastructure, and other hurdles remaining, and the likelihood of overcoming those hurdles
- Milestones to watch for to determine the direction of the technology
- Expected market evolution for plug-in hybrid and battery-electric vehicles
- Impacts on electric power demand
To access a free white paper abstract of the study, click here.
To purchase the complete study, please contact:
Philip Gott
Director, Automotive Science and Technology
+ 1. 781.301.9141
philip.gott@ihsglobalinsight.com
Tom De Vleesschauwer
Associate Director, Automotive Consulting
+44 203 159 3480
tom.devleesschauwer@ihsglobalinsight.com
More Information
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AUTOMOTIVE PODCAST:
Battery Electric and Plug-In
Hybrid Vehicles
September 2009
"Most of the technology issues are minimal…
what we're really worried about is the market
acceptance by the general consumer. "
— Phil Gott
Director of Automotive Consulting
and Chief Automotive Technologist
IHS Global Insight
Click here to listen to the interview.
(Length: 5 minutes)
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