Search results for: 'simulation energy'

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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Key Issues Addressed Key Benefits

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 ...

The electric vehicle (EV) market is growing rapidly and impacting the energy market and associated services. As OEMs integrate more software-defined solutions into EVs, a potential market for digital products and services (P&S) exists. EV-dedicated digital P&S allows key participants to continuously monetize these solutions through new revenue mode...

20 Oct 2021  |  Asia Pacific  |  Market Research

ASEAN Hybrid and Electric Vehicle Growth Opportunities

The Transformative Mega Trends Driving Energy-efficient and Electrification Technologies in Indonesia, Malaysia, and Thailand

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Major Association of Southeast Asian Nation (ASEAN) countries rely on internal combustion engine (ICE) passenger vehicles. National incomes and infrastructure development also drive motorcycles’ popularity. Hybrid and electric vehicle penetration only accounted for 0.3%, 1.3%, and 9%, respectively, in the total new passenger vehicle sales in Indone...

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...

The Paris Accord of 2015 is a major landmark for global climate action and move toward a zero-carbon society. Understandably, this has led to a vast interest in renewable power across the globe. However, this alone is not enough to decarbonize the global community. Hydrogen is fast becoming a key component in the transition from a petroleum econ...

24 Jun 2021  |  North America  |  Market Outlook

Global Powertrain Outlook 2021

Powertrain Electrification Offers Future Growth Potential through mHEVs, PHEVs, and BEVs, While Diesel Powertrains are Fast Fading From Organizations’ Technology Strategy

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The global powertrain industry continues to be dominated by internal combustion engines (ICE), specifically, gasoline engines, while diesel engine’s share has been falling since the dieselgate scandal. While the share of IC engines operating on alternate fuels has remained constant, vehicle electrification is on the rise. Irrespective of the t...

16 Dec 2021  |  North America  |  Market Research

Trends and Growth Opportunities in Module-less (Cell to Pack) Battery Structure

Reduction on Modules Directly Results in Price Reduction by 25 to 30%

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Leading battery manufacturers (e.g., BYD, CATL, and LG Chem) and original equipment manufacturers (OEMs) (e.g.,BYD, Daimler, and VW) are now looking at next-generation battery technology that focuses on module-less battery pack technology, which integrates cells directly into the pack without having to package it into modules. In the module-les...

Europe continues to be the leading market for electric vehicles. BEVs are considered ‘clean’ innovations where tech gadgets render high-tech attributes when compared to ICEs. Frost & Sullivan assessed new customer attitudes and preferences for alternative vehicles and powertrains by vehicle segment and key demographics. Frost & Sullivan carried out...

This Frost & Sullivan study provides an outlook for the electric vehicle industry based on the latest industry data; it provides an outline of current trends and an in-depth analysis of future developments, as well as a breakdown of the main stakeholders in the sector and their performance. EV sales in 2022 amounted to a total of 10.5 million, of...