Electric vehicles

The new IDTechEx report, Electric Boats, Small Submarines and Autonomous Underwater Vehicles (AUV) 2014-2024 reveals the market for electric water craft, including those on and under water, will increase from $2.6 billion to $7.3 billion in 2024.

The supercapacitor industry closed last year (2013) with a continued double-digit growth. According to Maxwell Technologies' executives, China has been the main source of growth. New announcements confirm what IDTechEx has stated in recent years: the supercapacitor and the battery industry are the same.

The total market value for electric unmanned aerial vehicles will reach over one Billion dollars by 2023 according to findings in the new IDTechEx report, "Electric Unmanned Aerial Vehicles (UAV) 2013-2023"

The total global gross value market for hybrid and pure electric vehicles will reach US$334 billion within the decade, from a current value of US$69 billion, forecast analysts IDTechEx.

As the electric vehicle EV industry grows more than five-fold to well over $300 billion in 2024, those e-vehicles not bought primarily on up-front price will continue to dominate.

Analysts IDTechEx have recently pointed out that industrial and commercial electric vehicles (hybrid and pure electric) are now a bigger business than electric cars and will remain so for the coming decade, while making almost all the profit of the two put together.

A Tesla Model S was filmed burning in the road recently, allegedly having struck a metal object.

Supercapacitors are increasing the range of electric vehicles in several ways and by doing so they are hugely increasing the addressable market for those vehicles. Typically, they last for the life of the vehicle regardless of how many cycles are endured.

The Japanese are working very hard on thermoelectric energy harvesting from tiny forms for use on hot running electronics components the 1.5 kW versions for use on furnace flues etc.

For the next decade, the largest electric vehicle sector will be industrial and commercial electric vehicles on land. In great contrast to the hybrid and pure electric cars that come next in market size, industrial and commercial electric vehicles are almost never bought by private individuals. That means that they are almost never bought on up-front price, the criteria being cost-over-life, reliability and performance with any extra life over conventional versions much appreciated.