Electric vehicles

Plug-in electric cars are forecast by IDTechEx to sell over 25 million units per year in 2029 making up around 30% of total sales by that point. However, electrification does not stop at cars; buses, trucks, construction, mining, two-wheelers, boats, aircraft, and more are all progressing towards electric drive. This combined market shift makes the technologies enabling this transformation a key battleground with plenty to win and lose.

The future is coming early for electric vehicles. The new IDTechEx Research report "Electric Vehicles 2020-2030" is based on analysis of no less than 100 sectors to 2030. IDTechEx has studied and forecasted EVs for over 20 years. It has 15 PhD level analysts, including 4 who are Chinese, deployed globally, mostly multi-lingual and the discoveries here are sometimes surprising.

Like most other new products, electric vehicles sell in an S curve of a slow start with over supply.

The automotive industry has emerged as a significant market opportunity for suppliers of conductive pastes and similar materials. It has the potential to one day rival in significance the irreplaceable photovoltaic market. Almost every major paste supplier with a global profile is re-organising its team and its product portfolio to capture this rising trend.

How do you leapfrog Tesla? How do you avoid circling the drain with much of the car industry when peak car hits? A whole world of new technologies and new markets awaits. Who can reveal the implications, opportunities and vehicles arriving from nowhere such as vast numbers of robot solar weeders on farms? Enter the IDTechEx Business & Technology Insight Forums "Electric Vehicles and Energy Storage" in Novi Michigan 10-12 June.

The market numbers understate Tesla's leadership. This is because Tesla cars sell at more than twice the price of other leading pure electric cars.

With excellent bus designs, Tata Motors is now participating in tender bids for all state transport corporations in India. Things are moving fast in the electric bus market, as appraised by IDTechEx in their new report 'Electric Buses 2019 - 2029'.

Emerging semiconductor laser technologies are revolutionising the industrial material processing and optical sensing markets. Automotive and electronics industries are benefiting greatly from advances in laser manufacturing, 3D sensing and imaging, lidar, and industrial machine vision.

IDTechEx will be hosting a free webinar on Thursday 18 April 2019 titled Electric Vehicles: Huge Energy Storage Opportunities in Buses and Trucks.

We compare some interesting electric car manufacturers, including startups, against some of the prioritised criteria of success of the respected strategist W Edwards Deming, the Strategic Planning Institute Profit Impact of Market Strategies and others