Automotive Electrified Vehicles - Global Sector Overview and Forecast (Q1 2022 Update)

Automotive Electrified Vehicles - Global Sector Overview and Forecast (Q1 2022 Update)

Summary

Vehicle Electrification has developed so rapidly in the past 15 years or so that it is useful to consider definitions of what is included what is considered out of bounds for the system. Hybrid vehicles are defined as any vehicle with a battery beyond the conventional single 12-Volt lead-acid unit, with a new category of micro-hybrids emerging that go beyond start-stop functionality. A more recent addition to the range has been the plug-in hybrid.

Pure start-stop systems are not considered under Electric category as under no circumstances do the systems provide either electric engine support to motion or isolated electric drive. Mild hybrids, meanwhile, with their typical 0.4-1.0 kWh battery packs are capable of boosting the internal combustion engine with some form of electric engine support. Full hybrids, with their 1.0-3.0 kWh battery packs, take mild hybrids a stage further by providing the capability to move the vehicle on full electric power for short distances. Finally, in the hybrid category we have plug-in hybrids with their 4.0-10.0 kWh battery packs, which as well as being capable of being plugged in to mains electricity to charge, are capable, in the main, of being driven further in pure electric mode courtesy of their larger battery packs.

Moving on from the hybrid vehicles, we have Pure Electric Vehicles (EVs). Firstly, range extender EVs (E-REVs). An E-REV uses a smaller battery pack than a Battery Electric Vehicles BEV, perhaps 12 to 25 kWh, which offers up to 40 miles (60km) of range, backstopped by a combustion engine and fuel tank for uninterrupted longer journeys. Crucially, though, in contrast to power-split hybrid architectures, the engine in an E-REV serves solely to turn a generator that provides current to the electric motor(s) that power the wheels. The engine does not mechanically drive the wheels, and so the engine-generator set can be highly optimized for maximum output within a limited rev range while minimizing fuel consumption and emissions.

Pure Battery Electric Vehicles, or BEVs, store energy in a battery pack sized from 16 to 100 kWh, powering one or more electric motors that provide torque to the wheels. In dispensing with the combustion engine and its associated mechanical drivetrain, BEVs radically reduce the complexity and parts count of a typical vehicle, while offering designers new opportunities in both structure and packaging.

The report “Automotive Electrified Vehicles - Global Sector Overview and Forecast (Q1 2022 Update)”, provides a comprehensive overview of the global electric and hybrid light vehicle, major electric and hybrid light vehicle manufacturers, top markets, technology trends and market size forecasts out to 2036.

Scope

Based on exclusive interviews, primary research and proprietary data this global market study includes -

• Production volumes (by OEM) for the Global Electric Vehicle, Mild Hybrid, Full Hybrid and Plug-In Hybrid Passenger Car markets to 2035.
• Future volume drivers.
• A review of the latest technological developments and market trends (within E-REV, BEV, Start-stop, Mild Hybrids, Parallel/Power-Split Hybrids, Plug-In Parallel Hybrids).
• Alternative fuels.
• Product landscapes (details of OEM model-level activity).
• Electric and hybrid vehicle market size forecasts out to 2035 by region.
• Sector PESTER (Political, Economic, Social, Technological, Environmental and Regulatory) analysis.

• Gain global insight into the Electric and Hybrid Vehicles sector.
• Understand the size and scope of the market.
• Hear directly from leading Electric and Hybrid Light vehicle companies on their strategies and plans.
• Review the latest and most significant technological developments.
• Know the key trends within the sector and what's driving them.
• Spot opportunities and threats in this rapidly emerging area.
• Establish key companies' latest activities and prospects.
• Prepare supply and demand forecasts.
• Produce internal sales plans and forecasts.
• Carry out competitive intelligence.

Companies Mentioned
Fisker Automotive, Inc.East Penn Manufacturing Co IncHeuliezBannerApteraSamsungPanasonic Electric Vehicle EnergyMahindra & Mahindra LimitedBayerische Motoren Werke (BMW) AGBYD AutoFord Motor CompanyZhejiang Geely Holding Group Co., LtdGeneral MotorsChang'an Automobile (Group) Co, Ltd.Chery Automobile Co. Ltd.Daimler AGDongfeng Motor CorporationFiat-Chrysler AutomobilesHonda Motor Co., Ltd.Hyundai Motor GroupLifan GroupMazda Motor CorporationMitsubishi Motors CorporationNissan Motor Company, Ltd.Proton Holdings BerhadPSA GroupeRenault S.A.NEVSShanghai Automotive Industry Corporation (SAIC)SubaruSuzuki Motor CorporationTata Motors LimitedTesla, Inc.Toyota Motor CorporationVolkswagen AGA123 Systems, Inc.Advanced Battery TechnologiesRobert Bosch GmbHContinental AGExide TechnologiesHitachi, Ltd.Johnson Controls International plcJohnson Matthey PlcMagna International Inc.Panasonic CorporationSB LiMotiveValmet Automotive Inc.CBAK Battery, Inc.GS Yuasa CorporationEnersysEvonikLG Chem, Ltd.