Posts Tagged ‘BEV sales’

Study Sees California Hitting 1.5 Mil ZEV Target by 2025

EVs could be “as ubiquitous as smartphones” by 2040.

by on Jan.30, 2018

Lower costs, longer range and improved charging should all boost EV demand, says study.

Despite a slow start, California should be able to hit its ambitious goal of putting 1.5 million zero-emissions vehicles, or ZEVs, on the road by 2025, according to a new study.

Governor Jerry Brown last week announced plans to step that up a notch, with a goal of having 5 million ZEVs in use in California by 2025. That would likely cement the state’s position as the greenest in the U.S., though the study also noted that the country is losing ground to China which it predicted will be adding as many as 7 million so-called New Energy Vehicles to its national fleet by the middle of the coming decade.

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“2017 marked a turning point for electric vehicles,” said F. Noel Perry, businessman and founder of California-based think tank Next 10, pointing to decline costs and increasing range, among other factors. “The growth we’re seeing in California’s ZEV market shows that the state is standing alongside leading countries in the transition to a cleaner transportation future.”

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Is Demand For Battery Car Technology Over-Hyped?

New J.D. Power study suggests marginal market for electric propulsion.

by on Oct.27, 2010

Will consumers plug into battery vehicles, like the 2011 Nissan Leaf? A new study suggests demand will lag the hype.

Even when combining conventional hybrids with more advanced plug-ins and pure battery-electric vehicles, or BEVs, Power’s new Drive Green study projects that demand for all forms of battery-based vehicles will account for only 7.3% of the total worldwide automotive market by 2020.

But Power researchers acknowledge that their forecast contains a number of variables and several key unknowns could dramatically change what happens over the coming decade.

“The most likely scenario” leading to significantly greater interest in battery power, said senior Power analyst Dave Sargent, “would be a dramatic and sustained increase in gasoline prices.”

According to Drive Green, hybrids, or HEVs, and BEVs will account for 5.2 million of the 70.9 million cars, trucks and crossovers Power expects to be sold worldwide by 2020.  That compares with 954,000 battery vehicles expected to be sold through the end of this year, 2.2% of the total worldwide market of 44.7 million vehicles.

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While battery propulsion may be making great headlines and generating a lot of buzz – and investment – within the auto industry, Sargent says, “The people who are least interested are consumers,” especially after they hear the downside of battery technology.

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