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IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

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Global electric vehicle production forecast for 2014. Driven by tighter emission standards in Europe, worldwide production of plug-in electric vehicles(PEVs)—including both battery-electric (BEV) and plug-in hybrid (PHEV) models—will increase by 67% this year, according to IHS Automotive, driven by Polk.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

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UTokyo, Toyota, TRENDE to begin testing of blockchain-enabled P2P electricity system including PHEVs

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will jointly conduct tests from 17 June at Toyota’s Higashifuji Technical Center and the surrounding area, on a next-generation peer-to-peer electricity system (P2P electricity transactions) that enables homes, businesses, and electrified vehicles connected to the electricity grid to trade electricity using blockchain.

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Toyota Testing Advanced Energy Management System to Integrate Plug-in Vehicles, Smart Homes and Grid; Possible Japan Market Launch with PHEVs in 2012

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Toyota Motor Corporation (TMC) has developed a system that links homes, plug-in vehicles (hybrids and full EVs), electric power companies and users, and enables integrated control of energy consumption. The Toyota Smart Center is one of the company’s smart-grid initiatives.

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Navigant forecasts MHD vehicle market to nearly double by 2035 with declining share of conventional engines; gases win out over electricity

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The number of medium- and heavy-duty vehicles (MHDVs) in use worldwide will nearly double between 2014 and 2035, according to a new forecast report by Navigant Research. Navigant projects that annual MHDV sales will grow throughout the forecast period at a compound annual growth rate (CAGR) of 2.4%. of the market in 2014 to 11.2%

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CMU researchers find controlled charging of PHEVs can cut cost of integration into electricity system by 54-73%; higher benefits with wind power

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In a new study published in the journal Applied Energy , Carnegie Mellon University (CMU) researchers found that controlled charging of plug-in hybrid electric vehicles (PHEVs) reduces the costs of integrating the vehicles into an electricity system by 54–73% depending on the scenario. Weis et al. Click to enlarge.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. million electric-drive motors will ship in 2014: HEVs, PHEVs, and BEVs.

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