Electric vehicles

As governments stretch to meet their Paris Agreement goals and other sustainability targets, global demand for light-duty road freight is set to more than double between 2020 and 2050. A growing global population, rising income levels, and a booming e-commerce industry all factor into this increase in demand.

The development of autonomous buses and roboshuttles is likely to continue somewhat slowly due to a lack of funding and regulatory challenges. However, IDTechEx highlights the next stages of developments within their report, and with the already commercialized examples of autonomous city buses and minibusses, success in the industry is increasingly likely.

Utilizing alternatives to helium where possible could allow for a greater conservation of helium, which could prove to be necessary for the market going forward. IDTechEx reports that since 2005, there have been 4 supply shortages of helium, each resulting in high price volatility, with the price of helium having almost doubled since 2021.

Thursday 5 December 2024 - Electric Light Commercial Vehicles: The Present and Future of Cargo; An overview of the global LCV industry; The role of regulation in LCV electrification; Key sales trends and manufacturers across global markets; Total costs of ownership (TCO) for eLCVs; Hydrogen fuel cell and plug-in hybrid LCVs

Electric vehicles (EVs) have seen tremendous growth historically, but growth has slowed somewhat in 2024. The goal of automakers is to reduce the cost of making EVs, both to improve their profit margins on existing vehicles and to make lower-cost models more feasible.

Autonomous driving technologies have seemingly been on the horizon for the last decade, maybe more. Over the past four years, level 3 technologies have been certified for consumer use on public roads, hands-off/eyes-on driving has solidified as a market segment, and commercial driverless robotaxi services have become available to the public.

The scale of the challenges faced by electric aviation, with weight, range, ownership costs, and even carbon footprint, all need consideration. Despite this, IDTechEx believes that current technical trends combined with achievable business use cases will generate significant electric plane uptake in the future.

How will thermal long-wave infrared (LWIR) cameras become a US$500m market for autonomous emergency braking (AEB)? Find out in this brief summary by IDTechEx Technology Analyst, John Li.

Over the past couple of years, IDTechEx has reported on the emergence of commercial robotaxi services but has always needed to caveat this with the fact that they have been heavily restricted. Well, in 2024, the shackles are coming off, and the industry is getting ready for take-off.

Communication between passengers and the vehicle is clearer with HUDs, which can make for a safer journey. Customization is also a highly desirable feature for drivers when choosing how they interact with their vehicle.