Electric Land Vehicles

IDTechEx believe it is increasingly self-evident that the future of the industry cannot rely on the deployment of traditional combustion engines.

Vehicles for construction, agriculture and mining CAM have become one industry served by giants such as Caterpillar, CNH Industrial, John Deere and Komatsu but also small businesses making the new requirements such as drone systems and weeding and mine survey robots.

IDTechEx Technology Analyst Dr David Wyatt has recently published a report update "Electric Truck 2020-2030", focusing on electrification in the medium and heavy-duty truck markets, providing a comprehensive set of market forecasts.

New Report from IDTechEx Research forecasts the global market for lidar in autonomous vehicles growing to $5.4 billion by 2030. Analysis of 100+ 3D lidar companies; automotive focus. Mechanical, MEMS, OPA, flash, liquid crystal and other solid-state lidar for ADAS, autonomous vehicles, industrial, smart city, security and mapping.

Those desperate to invest in "The next Tesla" continue to pile into start-up Rivian, the latest $350 million coming from a media company. That takes investment up to the $2 billion level familiar at Tesla.

48V Full Hybrid is a Prius killer. New research by IDTechEx in its report, "48V Mild Hybrid and 48V Full Hybrid Vehicles 2020-2030" reveals that the 48V mild hybrid powertrain is a done deal. Started in 2016, now a flood of car models have this, to keep them legal in the face of tightening emissions laws and save fuel.

It is nonsense to forecast pure electric cars costing the same as traditional ones, then life continuing much as usual. The up-front price of pure electric cars will be dropping below that of internal combustion engine ones around 2025. The fundamentals are now clear. Short range electric cars will continue to sell badly because of range and financial anxiety: their resale value after three years can be down 80%. 200 miles/ 320 km is the tipping point where resale value can be only 40% down on purchase price. See the IDTechEx report, "Electric Vehicles 2020-2030" for the full picture of 100 categories of electric vehicle EV by land, water and air.

There are over two million midi buses in the world. For example, most of the 1.6 million school buses are midi buses though North American ones are mainly larger. The new IDTechEx Research report, "Electric School Buses and Midi Buses 2019-2039" finds that almost none are electric. It is very different for larger buses, for now at least.

The new IDTechEx Research report, "Electric Motors for Electric Vehicles: Land, Water, Air 2019-2029" measures how induction (asynchronous) motors are rapidly losing market share.