Electric Vehicles to grow 23% through 2015 - Industry

From: MarketResearch.com 

A Global Market Overview by Industry Experts in Electric Vehicles, Manufacturing, Battery Technology

Countries covered: Global`The widespread acceptance of vehicles incorporating hybrid technology has been the result of growing awareness among consumers, governments and car producers that this technology is here to stay and has to be accepted with open arms. The last decade has witnessed rapid technological advancements in hybrid vehicles, thereby improving their efficiency, and the volatile oil prices have also contributed towards a change of mindset, with more and more motorists opting for the fuel efficient and eco-friendly hybrid car.

The market for hybrid technology types analyzed in this study include Series/Parallel, Parallel, Two-Mode and Others including Plug-In hybrid type. The report analyses the market in both in terms of unit sales and market value. Authentic sales analysis has been conducted for global auto giants such as Ford, General Motors, Honda, Lexus, Mercedes, Nissan and Toyota. The study also focuses on Key players such as Hyundai, KIA and BYD F3DM in their respective regions. Sales of Hybrid Electric cars are estimated at 940.3 thousand units in 2010 and are expected to cross the 1 million unit mark in 2011. The Market for Hybrid Electric cars is expected to register an impressive CAGR of 22.9% during 2006-2015 to reach 2.5 million units by 2015.

Lithium Ion Battery Market to jump 400% by 2020 - Market Research Reports

SOURCE: MarketResearch.com

Feb 08, 2011 08:08 ET

Market for Lithium Ion Batteries Expected to Reach $43 Billion by 2020

ROCKVILLE, MD--(Marketwire - February 8, 2011) - MarketResearch.com has announced the addition of Amadee + Company's new report "The Future Of Lithium Ion Batteries: Including Consumer, Alternative Energy Vehicles (Hevs, Phevs, Evs), And Electric Power Storage Applications- Technologies, Markets, Competitors And Opportunities: 2010-2020 Analysis And Forecasts" to their collection of Electric Vehicles market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6069114
Lithium ion batteries were first proposed in the 1970's and commercially developed in the 1990's. Since then, the market for lithium ion batteries has grown to $11 billion (2010) and is expected to reach $43 billion by 2020.
Up to now, the lithium ion battery market has been predominantly consumer (90% as of today) but new, diversified applications including xEV (Electric Vehicles/Plug-In Hybrid Electric Vehicles/Hybrid Electric Vehicles) and ESS (Electrical Storage Systems) are expected to provide the new growth engines.
As a result, the lithium ion market landscape will undergo a profound change, bringing huge increases in demand, profits in the billions of US dollars and competitive upheaval.
This report provides a detailed look at the global lithium ion battery market in all its aspects, including:

United States invests in Electric Vehicle future!

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United States Department of Energy Boosts 2011 Electric Vehicle Manufacturing and Infrastructure Market With $184 Million Grant