Electric Vehicle Sales in Asia Pacific to Total 1.4 Million by 2015

In the Asia Pacific region, there are various national-level initiatives and programs to promote the awareness of electric vehicles. These programs include the establishment of aggressive goals, subsidies for EV purchasers, R&D support and demonstration projects, tax incentives, regulation and standardization, and public education programs.

China is reforming its competitiveness in the overall green industry and has defined the next-generation vehicles as “new energy vehicles.” While market players in both Japan and Korea have focused on hybrid vehicles so far, market and consumer attention is encouraging the development of pure EVs, and Japanese and Korean companies are highly focused on the development of electric vehicles, charging infrastructure, and lithium ion batteries for EV applications.

This Pike Research report provides a comprehensive examination of electric vehicles, charging equipment technologies, advanced battery research, government incentives and regulations, and key drivers of market growth in the Asia Pacific region. The study includes detailed analysis of new vehicle introductions, manufacturer strategies, and forecasts through 2015 for electrified vehicles, charging stations, and advanced vehicle batteries.