Tag Archives: EV

Electric Vehicles Market Set for Big Boost as Li-ion Battery Costs Hit $172/kWh in 2025

Best-in-class players such as Panasonic-Tesla will achieve 35% reductions over the next decade, while others could lag at over $229/kWh, according to Lux Research.  The electric vehicle opportunity is set to expand, as leading battery developers like Panasonic drive down prices of lithium-ion (Li-ion) battery packs by 35% to $172/kWh in 2025, according to Lux … Continue reading Electric Vehicles Market Set for Big Boost as Li-ion Battery Costs Hit $172/kWh in 2025

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Vehicle-Grid Integration Services Revenue Is Expected to Total $68 Million from 2015 to 2024

A recent report from Navigant Research analyzes the market opportunity for vehicle-grid integration (VGI) technologies to be used to support grid reliability and stability, including global market forecasts for vehicle-to-grid-enabled plug-in electric vehicles (PEVs) and VGI capacity and revenue, segmented by region, through 2024.   By participating in grid-balancing services, such as frequency regulation or … Continue reading Vehicle-Grid Integration Services Revenue Is Expected to Total $68 Million from 2015 to 2024

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Electric Vehicle Charging Services Revenue Is Expected to Total $11.3 Billion from 2014 to 2023

A recent report from Navigant Research analyzes the global market for plug-in electric vehicle (PEV) charging equipment sales and charging services, including global market forecasts for residential and commercial charging system unit sales and revenue from charging services through 2023.   While growth in the residential segment of the PEV charging market tends to grow … Continue reading Electric Vehicle Charging Services Revenue Is Expected to Total $11.3 Billion from 2014 to 2023

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Tesla’s New Home Energy Storage Solution Still Needs Help to Be a Breakthrough

For Tesla’s cheap Gigafactory-produced battery cells to truly disrupt stationary energy storage, it needs more partnerships and acquisitions in power electronics, software, and with utilities. Electric vehicle leader Tesla Motors announced new offerings for stationary energy storage, including the Powerwall battery for residential energy storage.  With massive capacity for lithium-ion batteries from its Gigafactory coming … Continue reading Tesla’s New Home Energy Storage Solution Still Needs Help to Be a Breakthrough

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If Tesla’s new solar power batteries are as good as its electric cars, they could be a game changer

Tesla Motors is expanding beyond its electric vehicles business into the energy industry’s another fast-growing area by making inroads into residential and business battery systems.   “The issue with existing batteries is that they suck. They’re really horrible,” Tesla Motors CEO Elon Musk told a large crowd of business partners and reporters late Thursday at … Continue reading If Tesla’s new solar power batteries are as good as its electric cars, they could be a game changer

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Tesla moves into batteries that store solar energy

Tesla Motors on Thursday unveiled Tesla Energy – storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry.   Chief Executive Elon Musk said the company’s goal was to “fundamentally change the way the world uses energy on … Continue reading Tesla moves into batteries that store solar energy

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Batteries to store solar energy

Electric car manufacturer Tesla is expected to jump-start the market for a home or business battery to store solar energy with an announcement later today in Hawthorne.   SolarCity — a residential solar company that, like Tesla, is run by billionaire Elon Musk — has already installed several hundred battery and solar systems in homes … Continue reading Batteries to store solar energy

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Sales of Electric Trucks and Buses Are Expected to Total More than 805,000 from 2014 to 2023

A recent report from Navigant Research analyzes the global market for commercial vehicles that use electric drive vehicle technology, including global market forecasts for sales and the number of vehicles in use through 2023.   Although medium and heavy duty vehicles represent just a fraction of all vehicles on roadways today, they contribute significantly to … Continue reading Sales of Electric Trucks and Buses Are Expected to Total More than 805,000 from 2014 to 2023

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Scientists create cheaper magnetic material for electric vehicles, wind turbines

Cerium is a widely available and inexpensive rare-earth metal. Scientists have used it to create a high-performance magnet that’s similar in performance to traditional dysprosium-containing magnets and could make wind turbines less expensive to manufacture.     Karl A. Gschneidner and fellow scientists at the U.S. Department of Energy’s Ames Laboratory have created a new … Continue reading Scientists create cheaper magnetic material for electric vehicles, wind turbines

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Electric vehicle drivetrain without the need for costly rare earths

Researchers from one of Europe’s largest e-mobility projects have successfully realized a fully-integrated electric vehicle drivetrain without the need for costly rare earths in the permanent magnet synchronous motor. A prototype will be presented to the international coil winding and electrical manufacturing community at this year’s CWIEME Berlin exhibition.   Four years ago researchers from … Continue reading Electric vehicle drivetrain without the need for costly rare earths

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The global market for electric vehicles has now reached at 740,000 electric cars

The global market for electric vehicles has now reached at 740,000 electric cars, out of which 320,000 were registered in 2014. The report was revealed by Centre for Solar Energy and Hydrogen Research Baden-Württemburg (ZSW) in Germany.   This rapid growth has been driven by various market leaders, including the Nissan Leaf, Tesla’s Model S, … Continue reading The global market for electric vehicles has now reached at 740,000 electric cars

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About 43% of all electric vehicles were bought in 2014

The Leaf is the best-selling electric car in automotive history. The Netherlands has the second-biggest market share of electric cars, after Norway.     Electric cars made up less than half of a percent of the 85 million new vehicles sold in the world last year, but German energy researchers say that tiny wedge of sales … Continue reading About 43% of all electric vehicles were bought in 2014

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Sales of Electric Motorcycles and Scooters are Expected to Reach Nearly 6 Million a Year by 2024

A new report from Navigant Research examines the global markets for electric motorcycles and scooters and the related battery technologies, including global forecasts for electric two-wheeled vehicles and the batteries used in the vehicles through 2024.   As cities become increasingly congested with traffic, many urban dwellers are turning to various forms of electric two-wheeled … Continue reading Sales of Electric Motorcycles and Scooters are Expected to Reach Nearly 6 Million a Year by 2024

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Vattenfall charges the buses of the future with electricity

The future is now. The bus service of the future starts today with route 73 in Stockholm, and the buses are a completely new type of plug-in hybrid. They can be rapid charged at terminuses and with a full battery they can run for up to seven kilometres – quietly and emissions-free – entirely on … Continue reading Vattenfall charges the buses of the future with electricity

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Nissan, Endesa to tap V2G (vehicle to grid) technology from electric vehicles for use in homes

V2G (vehicle to grid) technology allows both a supply of energy to an electric vehicle and the use of the energy stored in the vehicle for home consumption or for sale onto the grid (in countries where the appropriate regulation is in place). Endesa and Nissan will also work together in other areas such as … Continue reading Nissan, Endesa to tap V2G (vehicle to grid) technology from electric vehicles for use in homes

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Vehicle-Grid Integration Services Revenue is Expected to Reach Nearly $21 Million by 2024

A new report from Navigant Research analyzes the market opportunity for vehicle-grid integration (VGI) technologies to be used to support grid reliability and stability, including global market forecasts for vehicle-to-grid-enabled PEVs and VGI capacity and revenue, segmented by region, through 2024.   Today’s plug-in electric vehicles (PEVs) represent a significant increase in electricity demand that, … Continue reading Vehicle-Grid Integration Services Revenue is Expected to Reach Nearly $21 Million by 2024

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BYD to sell electric vehicles in South Korea within 2015

BYD is planning to sell its electric vehicles to the South Korea market before the end of 2015, according to a senior company executive.   BYD, a rising Chinese electric vehicle manufacturer, has brought its popular BYD e6 electric taxi and SUV to an international electric vehicle (EV) expo which opened here Friday in the … Continue reading BYD to sell electric vehicles in South Korea within 2015

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Brazil’s Rio to launch electric car sharing service

Rio de Janeiro, Brazil’s second largest city, plans to launch an electric-vehicle sharing service with input from Chinese automaker BYD. BYD is one of five firms that together make up PPP Radar, the consortium that has won the bid to develop the program, according to O Estado de Sao Paulo daily. BYD, together with DirijaJa, … Continue reading Brazil’s Rio to launch electric car sharing service

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