Posts Tagged ‘Pike Research’

  • V2G Systems Will Compete with Traditional Power Sources in the Ancillary Services Market
    Although the vehicle-to-grid (V2G) concept of sharing power to the grid from plug-in electric vehicles has been in existence for nearly two decades, the underlying technologies are only just now emerging from the pilot project phase. Beginning in the next half-decade, however, plug-in electric vehicles with V2G technology will play an important role in the ancillary services...
    by at May 4th, 2012 at 04:05 am
  • Annual Sales of Electric Bicycles Will Surpass 47m by 2018
    The worldwide market for electric bicycles will increase at a compound annual growth rate (CAGR) of 7.5% between 2012 and 2018, resulting in global sales of more than 47 million vehicles in 2018, according to a new report from Pike Research. With sales expected to reach over 30 million units in 2012, electric bicycles are the world’s best-selling electric vehicles. Rapidly...
    by at March 29th, 2012 at 12:03 am
  • Prices for Li-Ion Batteries Will Fall by More Than One-Third by 2017
    Prices of Li-ion batteries will fall by more than one-third by the end of 2017, as manufacturing efficiencies improve and access to lithium expands, according to a recent report from Pike Research. In terms of revenue, the market for Li-ion batteries for transportation will grow from $2.0 billion annually in 2011 to more than $14.6 billion by 2017, the cleantech market...
    by at March 12th, 2012 at 08:03 am
  • Worldwide Revenue from Fuel Cells and Hydrogen Will Reach $785m in 2012
    The total size of the global market – including revenues from fuel cells and from hydrogen for fuel cells and internal combustion engines (ICEs) – will reach $785 million in 2012, according to a new white paper from Pike Research. As the fuel cell industry makes the transition from the R&D stage to full commercialization, breakout applications are continuing to...
    by at February 15th, 2012 at 01:02 pm
  • Hybrid, Electric Truck Sales Will Nearly Double in 2012
    The worldwide market for hybrid, plug-in hybrid, and battery electric medium and heavy-duty trucks will grow at 92% in 2012, with total sales surpassing 19,000, according to a new report from Pike Research. Going forward, the cleantech market intelligence firm expects the market to experience a compound annual growth rate of 47.2% between 2011 and 2017, reaching 100,746...
    by at January 13th, 2012 at 07:01 am
  • Report: Consumer Interest in Plug-in Electric Vehicles Declines to 40 Percent
    The year 2012 will be an important test of the commercial viability of plug-in electric vehicles. Two automakers, Chevrolet and Nissan, ended 2010 with the launch of their first highway-capable plug-in electric vehicles (PEVs) for the mass market. Many other auto manufacturers are working to electrify their lineups with new models. For example, Toyota plans to launch the...
    by at January 5th, 2012 at 07:01 am
  • Electric Vehicle Telematics Market Will Reach $1.4 Billion by 2017
    For early plug-in electric vehicles one of the key features for customers is not a component of the drivetrain, but rather, the telematics package. Giving the driver the ability to check on the battery and the rate of charge, telematics serve as a lifeline of sorts to help alleviate concerns over the limited range of electric vehicles (range anxiety). In addition, many...
    by at December 19th, 2011 at 09:12 am
  • Report: High Prices Will Limit Sales of Electric Cars in 2012
    Many potential buyers will hold off on purchases of electric cars during 2012 due to the premium pricing of the cars, according to a new report from Pike Research. Nissan raised the price of the Leaf for 2012, and while the Chevrolet Volt will sell for $1,000 less in 2012, the car comes without several features that were previously standard but are now options. According...
    by at December 17th, 2011 at 03:12 am
  • Hybrid and Plug-In Electric Vehicles to Surpass 5% of Total U.S. Vehicle Sales by 2017
    Hybrid electric vehicles (HEVs) and plug-in electric vehicles (PEVs) combined will represent 3.1% of worldwide auto sales by 2017. Thanks to higher penetration rates in the United States, HEVs and PEVs will account for 5.1% of total U.S. vehicle sales in 2017, according to a new study by Pike Research, a market research firm for the clean technology industry. Overall,...
    by at December 9th, 2011 at 01:12 am
  • V2G Technology to Connect 100K Electric Cars by 2017
    In near future electric car batteries will be used as energy storage for the grid, providing ways for utilities to stabilize the grid and provide other services. The power potential of the batteries can be used to reduce the utility costs of a building or, when storage sources, to provide ancillary services such as frequency regulation aggregated with other vehicles or...
    by at November 22nd, 2011 at 12:11 am