Abstract
LEXINGTON, Massachusetts (January 11, 2009) - WinterGreen Research announces
that it has a new study on Worldwide nanotechnology electric vehicle markets.
Worldwide electric cars are poised to achieve significant growth as autos
become less expensive to manufacture and battery technology matures. The
ability to recharge cars from renewable energy stations that store solar power
is anticipated to drive market growth at a breathtaking pace. Electric
vehicles are real. They come in a variety of styles and capabilities. The BMW
features driving control and style. The Chinese BYD hybrid backed by Warren
Buffet' s company has features that enable plug-in hybrid power train
flexibility. It has a full battery-powered electric mode. The series-hybrid
mode has an engine which drives a generator to recharge the batteries, acting
as a rangeextender. There is a parallel hybrid mode, in which the engine and
motor both provide propulsive power.
Electric vehicles represent a quantum shift in transportation. The design
trajectories are varied, the opportunities are significant as a quantum shift
occurs in what the vehicle basic functions are and how the vehicle works. The
car companies that leverage the market opportunity to shift to a new paradyne
are likely to succeed. There are others who merely try to migrate existing
styles and designs to electric vehicles. Buggy whips come to mind.
The ability to plug a car into a hardened backyard set of batteries charged
from a solar panel provides relief from gasoline spending. To have a second
car, powered by a battery pack promises to provide growth of a new industry.
The banks can loan against the car and the solar panel. Solar panels are
evolving modular capability where they can be quickly installed and provide
electricity for the car. Investment in electric vehicle infrastructure is a
priority. With countries seeking to invest in infrastructure that will provide
economic growth, it is clear that special infrastructure for electric vehicles
will stimulate growth from the private sector. Electric vehicle market segment
is positioned for growth for vehicles used for local driving.
Worldwide nanotechnology thin film lithium-ion batteries are poised to achieve
significant growth as units become more able to achieve deliver of power to
electric vehicles efficiently. Less expensive lithium-ion batteries allow
leveraging economies of scale and proliferation of devices into a wide range
of applications.
According to Susan Eustis, lead author of the study, “Economies of scale
leverage the lithium-ion battery nanotechnology advances needed to make
lithium-ion batteries competitive. Nanotechnology provided by lithium-ion
research solves the issues poised by the need to store renewable energy.
Lithium-ion batteries switch price reductions are poised to drive market
adoption by making units affordable.” Nanotechnology results obtained in
the laboratory are being translated into commercial products. The processes of
translating the nanotechnology science into thin film lithium ion batteries
are anticipated to be ongoing. The breakthroughs of science in the laboratory
have only begun to be translated into life outside the lab, with a long way to
go in improving the functioning of the lithium-ion batteries. Unlike any other
battery technology, thin film solid-state batteries show very high cycle life.
Using very thin cathodes (0.05μm) batteries have been cycled in excess of
45,000 cycles with very limited loss in capacity. After 45,000 cycles, 95% of
the original capacity remained.
Markets for electric vehicles at 685 units in 2008 are anticipated to reach
32.7 million autos shipped by 2015, growing in response to demand for a
renewable energy powered vehicle that lowers the total cost of ownership by a
significant amount. Lithium-ion batteries used in cell phones and PCs, and in
cordless power tools are proving the technology to power electric vehicles.
Units are being used as city cars, proving the feasibility of electric cars.
Think in Norway has a viable manufacturing operation and 1,000 cars on the
road. The large emerging markets are for hybrid and electric vehicles powered
by renewable energy systems.
Full spectrum research and information services, including market reports,
customized research, and customer interviewing are available, reports and
research are positioned to provide strategic value to industry participants,
strategic planners, and product managers.
Research Methodology
WinterGreen Research authors use a structured, consistent, and detailed
research approach. The methodology supports an analytical approach to market
research. In depth comparisons are made of many aspects of the market. Data
relating to Industry segments is developed to permit presentation of forecasts
and market share positioned to have substantive value.
Research has been automated using automation of interactive surveys that
implement delta trend analysis and instant messaging in combination with
e-mail. Automation is made possible because of a proprietary engine that
implements multilayered cell based analysis. Modular systems support dynamic
computing that use a graphical configuration engine to reach more people in a
research modality.
Full spectrum research and information services, including market reports,
customized research, and customer interviewing are available, reports and
research are positioned to provide strategic value to industry participants,
strategic planners, and product managers.
New systems combine sales tools and independent industry analysis, seeking to
leverage the expertise of the sales force and combine it with the skepticism
of the analysts to provide accurate return on investment analysis.
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