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Artificial Intelligence involves the science and engineering of developing intelligent machines
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Personal Robots are Set to Be a $19 Billion Market
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Challenges Posed By the Introduction of WLTP and Phasing out of Incentives to Push the Market Towards Self Sustainability
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As we move into the new decade, the electric vehicle (EV) industry is likely to experience total sales of over 2.5 million units (including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Majority of the US OEMs are likely to reduce PHEV models and introduce BEV models in their product lines. Over 450 models—300 BEVs and 150 PHEVs—will be available for sale in 2020. The xEV market in the United States is likely to reach 6.9 million units by 2025. 2019 observed a decline in year-on-year (y-o-y) growth (at -11%), for only the second time after 2014, as Tesla and Nissan exhausted their incentive quota. The US market experienced a positive growth in 2016 after declining for 3 years in a row. As OEMs launch more long-range (200 miles+) EVs, EVCS service providers look for a commercial and domestic version of CCS fast charging similar to Tesla’s charging technology. As CCS+ charging becomes more prominent, EVCS will undergo significant changes in terms of output capacity, hardware, power electronics, and temperature management. Tesla Model 3 was the highest selling vehicle globally and in the United States, with total sales of 145,515 units and accounting for over 45.7% of the market share. As an OEM, Tesla held a 55.6% share of the total EVs sold in the country. HEV market experienced a significant growth of 54% with total sales of 766,918 units in 2019. MHEVs, introduced in 2018, accounted for 48% of the total HEV sales in 2019. 48V MHEVs dominated, with a 75% share of the total MHEV sales. There are approximately 56 EV (19 BEVs, 34 PHEVs, and 3 FCEVs) and 94 HEV (69 FHEVs and 25 MHEVs) models available for sale in the United States. Over 78,500 charging stations have been installed. Of these, 64,000 are AC charging stations and 14,500 DC charging stations, with a mix of CCS, Chademo, and Tesla stations. Coronavirus 2019 (COVID-19) will have an adverse effect on the overall automotive industry but not on EVs as we estimate sales to increase by about 22% in 2020 as compared to 2019. California has the most densely populated charging station infrastructure, which has allowed it to be the biggest market for EVs in the country. Charging stations will be installed in strategic locations with multiple points of interest for consumers to engage with. Hotel/Lodging is currently the most favored location followed by shopping centers.Author: Prajyot Sathe
Fuel Cell—Hydrogen Policy and Regulations by Key Countries
Theme 0: Steps Needed for Electrification to Take off in South East Asia—Voice of Industry Thought Leaders
South Korean Electric Vehicle Growth Opportunities
Global Electric Vehicle Outlook 2021
Global Powertrain Outlook 2021
Indian Electric Vehicle (EV) Growth Opportunities
Digitization Powers the Indian Passenger Vehicle Industry, Outlook 2021
Profiles of Key Electric Vehicle (EV) Manufacturers Making an Impact on the Indian Market
Transformation of Electric Vehicle Charging Technologies, Forecast to 2027
Electric Vehicle (EV) Regulation Overview in Key European Markets 2020
packaged food industry
cardiovascular devices market
heavy truck market
nanophotonic equipment market
medical robots market
power electronics market
wearable electronics market
video analytics market
flexible electronics market
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