Search results for: 'ICT Market Forecast'

26 Sep 2019  |  Asia Pacific  |  Market Research

Strategic Analysis of China’s Electric Passenger Vehicle Market, 2018–2025

New Energy Vehicles (NEVs) and Government Regulations to Rapidly Boost Chinese EV Market

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In 2018, Chinese electric passenger vehicle sales increased by 78.3% year-on-year and achieved total sales of 1,181,920 units. Going forward, the electric passenger vehicle market is forecasted to experience rapid growth at a compound annual growth rate (CAGR) of 29.9% during 2018–2025. China’s electric passenger vehicle market is greatly boosted ...

08 Dec 2020  |  North America  |  Market Research

Evolution of Electric Vehicle Battery Reuse and Recycling, Global Market, Forecast to 2025

NMC Batteries will become a Profitable Proposition in Terms of Recycling; LFP Batteries will have Higher Reuse Value

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China will continue to dominate the electric vehicle (EV) battery reuse and recycling market because it is the worlds largest EV market. The rising number of EVs on the road is anticipated to increase the cost of the key materials used in batteries (lithium and cobalt, for example). To reduce their dependence on the import of key materials from oth...

This research focusses on legislative measures taken by governments globally to adopt and implement high-end battery technology, and bring in new business models for private and public sectors to develop battery thermal management systems (BTMS). Private and public sectors have constantly provided investments and funding to OEMs, Tier I suppliers, ...

22 Jun 2020  |  North America  |  Market Research

Strategic Analysis of the Canadian EV Market

Toyota and Tesla Have Monopolized the Hybrid and the BEV Markets, Respectively, While Hyundai-Kia Has Offerings Across All xEV Types

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The automotive industry is rapidly evolving in terms of technology as well as its ability to tackle environmental issues. Electric vehicles (EVs) were introduced as a clean energy initiative as they are low- or zero-emission vehicles; now, however, they have become an integral part of OEMs’ business strategies. Automakers are creating separate EV b...

About 2 million electric vehicles were sold globally out of which 68.7% were battery electric vehicles (BEV) and 31.3% were plugin hybrid electric vehicles (PHEV) recording a y-o-y market growth of 57.3%. China retained its market leadership for the 5th consecutive year with a 55.5% share, selling approximately 1.1 million electric vehicles (75% of...

05 Feb 2021  |  Europe  |  Market Research

Transformation of Electric Vehicle Charging Technologies, Forecast to 2027

11kW On-board Chargers Likely to become a Standard on BEVs by 2027

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The automotive industry is evolving rapidly, both in terms of technology and in tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative and are just now becoming an integral part of OEMs business strategies. Automakers like Volkswagen, Hyundai-Kia, and Renault-Nissan-Mitsubishi (RNM) are creating sep...

The residential battery storage market is being spurred on by feed-in tariff and net metering revisions in residential PV hotspots, subsidies and tax incentives, rapid reductions in lithium-ion battery prices, and rising electricity tariffs. This is resulting in a shift from policy-driven markets for solar power grid trade to self-consumption-drive...

This study outlines the powertrain strategies of BMW AG for the next decade. An analysis of advancements in combustion engine technology, transmission technology, hybrid and electric propulsion strategies, and lightweighting approaches has been included in the research. This study gives a comprehensive picture of the kind of transformation the comp...

Although battery electric vehicles and plug-in hybrids are being touted as a sustainable alternative transportation solution, hindrance of adoption can be attributed towards range anxiety. This coupled with increasing battery efficiency is driving OEM's to introduce long range EV's. Bigger battery packs owning to long range EV's cannot suffice with...