FORESEEING THE EV NEXT YEAR

Electric Vehicles: 10 Predictions for 2013

4Q 2012 (Pike Research/Navigant)

“…As Pike Research predicted last year, during 2012 the doubts about the long-term viability of the PEV market were put to rest. Sales of PEVs in 2013 will continue to outpace the first years of hybrid vehicle sales as more than 210,000 PEVs will be sold globally and more than three dozen PEV models will debut. [By the end of 2013, nearly 400,000 plug-in electric vehicles (PEVs) will be driving on roads around the world.] Consumers will have a much greater variety in vehicle types and in all-electric range, while consumer familiarity with the capabilities of the segment will also greatly increase.

“California will continue to drive PEV sales in the United States as purchases will expand into smaller urban and suburban regions…In China, the PEV market will begin to reap the benefits of the many international automotive joint ventures (JVs)…[S]everal startup electric vehicle (EV) companies are likely to be absorbed or discontinue operations during the year.”

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“Electric vehicle charging infrastructure, which is now accessible in many large cities in the developed world, provides a baseline of public charging to pacify anxious EV drivers and will be more frequently utilized in 2013. Increasingly detailed analytics…will be the basis for identifying the most suitable locations…This data will begin to offer value to vehicle manufacturers and utilities as the percentage of PEV sales in some cities will approach double digits.

“Across the globe, government incentives for PEV manufacturing and charging infrastructure will trail off…[due to] austerity measures…[leading] to lowered expectations for 2013 and beyond…More realistic goals will lead to…a healthier and more mature industry…Pike Research identifies 10 influential trends that will propel the EV industry forward in 2013…”

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