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Electric Vehicles Research
Posted on June 08, 2018 by Franco Gonzalez

IDTechEx's Energy and Mobility Research at Cambridge Insight Forums

IDTechEx will be hosting the Business and Technology Insight Forums at Wolfson College in Cambridge on 19th, 20th and 21st of June.
IDTechEx's Energy & Mobility Team will be presenting our latest research on Electric Vehicle Markets and Technologies on the 20th of June.
We will go through to the latest developments of emerging electric vehicle markets. Starting with the global picture of electric vehicles land, sea and air. Whilst passenger cars is a very important market segment, many analysts miss the large opportunities in alternative electric vehicle market segments. Among these we will analyse the large market of electric buses and light electric vehicles (such as scooters and bicycles) which will have a key role in contributing not only to the reduction of emissions, but to the reduction of footprint of passenger cars and therefore contribute to avoid huge traffic jams in the mega cities of the future. This is hugely important, since in the following years up to 2050 and 2100 the developing world will contribute to the largest proportion of population growth and this will happen entirely in urban centres. Whilst most of analysts forecast a continuous growth of the passenger automotive sector we at IDTechEx, have other point of view. Join us to find out how alternative vehicle types and mobility paradigms can challenge the role of individually owned passenger car in the next decades.
Source: IDTechEx with data from United Nations, Department of Economic and Social Affairs, Population Division (2014). World Urbanization Prospects: The 2014 Revision
Source: Australian Cycling Promotion Fund.
On the other hand we will analyse the opportunities in emerging off road electric vehicle segments such as mining and agriculture vehicles. Whilst the electrification of these vehicles contribute to the reduction of greenhouse emissions, it is not the only driver behind their transition. In general industrial market segments are more sensitive to operational cost reductions as opposed to consumer segments such as passenger cars. At the Cambridge forums we will discuss the main drivers for electrification of these segments and the key players behind this process.
Finally the frontiers of electrification are air and water vehicles. The electrification of the marine industry has already started, as you read this article, electric ferries are operational in Scotland and Norway among other places. For example, the image below shows the Ampere, developed in collaboration with Siemens, the first all electric ferry deployed back in 2015. Now after years of operation and the collection of performance data, the result is that this all-electric ferry cuts emissions by 95% and costs by 80% compared to fuel-powered counterparts.
Source: Siemens
To find out more, join us at IDTechEx's Business and Technology Insight forums this coming 20th of June at Wolfson College, Cambridge. For more information click here.
Learn more at the next leading event on the topic: Business and Technology Insight Forum - Novi June 2019 External Link on 10 - 12 Jun 2019 at Novi, Michigan, USA hosted by IDTechEx.
Franco Gonzalez

Authored By: Franco Gonzalez

Principal Analyst

Posted on: June 8th 2018