The Mobility TOE for June 2022 covers innovations pertaining to digital chassis, automotive cybersecurity and electric vehicles. Some of the innovations profiled include software solutions for automotive cybersecurity, secure digital keys for securing vehicle access, electric buses for urban mobility, vehicle to vehicle communication, artificial in...

In 2021, of 6.7 million units sold, 70.7% were BEVs, and 29.1% were PHEVs. Global EV penetration increased from 4.4% in 2020 to 8.8% in 2021. APAC recorded a 151.7% YoY growth, the highest among others, helping it widen the gap between itself and Europe in 2021. Tesla retained the leadership with sales of 936,172 units, followed by the VW Group wit...

The global electric vehicle (EV) semiconductor market is estimated to experience an approximate 32.1% compound annual growth rate (CAGR) from 2021 to 2026. Semiconductors contribute to making EVs efficient, interactive, and safe, supporting various in-vehicle interactivity features, vehicle firmware, and EV batteries and powertrains. The need for l...

This research presents an assessment of the current status of and future prospects for personal protective equipment (PPE) in the global electric vehicles (EVs) industry. Revenue forecasts and analyses cover 4 regions: North America, Asia-Pacific, Europe, and the Rest of the World ([ROW] Middle East, Africa, and Latin America). This study quantifie...

This research service analyzes and provides growth forecasts for 2030 for the LATAM hybrid and electric vehicles market (PHEVs, HEVs, and BEVs). By 2030, the commercialization of approximately 1 million electrified vehicles is expected in LATAM, and the total electrified vehicles in operation will be about 5.4 million. Analyzing 2030 sales by techn...

The Mobility Technology Opportunity Engine (TOE) for December 2021 covers innovations pertaining to fleet management, electric vehicles, robotic factory, wireless charging, and ADAS. Some of the key innovations profiled include fleet management software for dispatch and workflow control, low cost electric passenger cars, intelligent robotic factory...

The Mobility Technology Opportunity Engine (TOE) for November 2021 covers innovations related to electric vehicles, batteries, and artificial intelligence-based mobility solutions. Some of the innovations profiled include lithium battery manufacturing for electric vehicles, improved navigation systems using artificial intelligence (AI) and augmente...

In 2020 the adoption of Electric Vehicles (EVs) accelerated across the world, particularly in Europe and the US. This growth was driven by heavy incentivization to promote EV sales and boost the overall automotive market. Global EV penetration in 2020 was 4.8%. In Europe it was 9.7%, and in the US, it was 2.3%. This rapid growth has sustained into ...

20 Oct 2021  |  Asia Pacific

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 Indo...