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Global Electric Vehicle Market Outlook, 2018

Global Electric Vehicle Market Outlook, 2018

The electric vehicle market reached the 1.2-million sales mark for the first time, with more than 165 models available for sale. China is leading the market with 48% market share followed by Europe with 26%. Solid-state batteries are likely to be the 'game changers' of future battery chemistries, as they render 2.5 times higher density than lithium-ion. In the last 6 months, more than 10 automakers have announced future EV launch plans. Based on the announcements, EVs now have a market potential of about 25 million units that will be sold by 2025; more than 400 models will be made available.

The Tesla Gigafactory is currently 35% operational and aims to produce 50 GWh of batteries in 2018. On full capacity, it will manufacture 150 GWh which will power an equivalent of 1.5 million vehicles with a 100 kWh battery capacity. Toyota, Fisker and BMW are likely to be the first automakers to adopt the battery in its electric vehicles by 2023. The electric vehicle charging infrastructure challenge has not yet been addressed, as there is a need for more charging stations globally.

Currently, the density of charging stations is high in limited areas or regions where an EV sale is highest. EVs are likely to cost the same as conventional cars by 2020 which will be a huge threat to the conventional car industry. The EV industry will no longer require financial support from the government to regularise the price of an EV in the form of cash incentives. Logistics companies, such as DHL, DPD, TNT, etc., are switching to a 100% electric fleet by replacing current conventional vehicles with electric vehicles that are equally competent and a perfect fit for the business model. OEMs are shifting to 100% electric vans by 2020.

11 OEMs have announced EV milestones and targets. If all the announcements made so far were to come true, there will be about 25 million EVs sold by 2025 or 20% of all cars sold would be EVs. Energy and petrochemical companies have started investing heavily in establishing electric vehicle charging stations, as they are likely to be the biggest beneficiaries of the electric vehicle market. Shell acquired the largest infrastructure operator 'The New Motion' in the Netherlands which owns a network of 30,000 charging stations.


  • Executive Summary
    • Top 7 Findings Expected to Influence the EV Car Market
    • Hybrid and Electric Vehicle Sales Mix to 2025
    • EV Market Outlook 2017-Global
    • EV Sales by Country-Top 10
    • EV Targets Announced by OEMs in 2017
    • Battery Capacity Range and Impact on Battery Price Roadmap
    • Geographical Distribution of Charging Stations
    • Battery Portfolio-Battery Value Chain Mapping
    • Ecosystem-Electric Vehicles and Energy Management System
    • Analysis of Motor Rating Broken Down by Power Range
    • Why Urban Logistics will Shape the Electric Light Commercial Vehicle?
    • Key Factors Shaping the Future of Electric Light Commercial Vehicle
    • Trends in Automotive Retail Stores
    • New Dedicated Platforms-Powertrain Flexibility Comparison
  • Research Scope and Segmentation
    • Research Scope
    • Research Aims and Objectives
    • Key Questions this Study will Answer
    • Research Background
    • Research Methodology
    • Key OEMs or Participant Groups Compared in this Study
  • 2017 Industry Key Findings
    • Top 7 Findings Expected to Influence the EV Car Market
    • Key Predictions for 2018
    • EV Targets Announced by OEMs in 2017
    • Hybrid and Electric Vehicle Sales Mix to 2025
    • xEV Passenger Car Breakdown by Region, Including Hybrids-2025
  • Market Measurements
    • Electric Vehicles Sold in the Last Decade
      • Table Electric Vehicle Outlook: Historic EV Sales, Global, 2007-2017
    • EV Market Outlook 2017-Global
    • EV Market Outlook 2018-Global
    • Monthly EV Sales by EV Type and Top 5 Selling Models
      • Table Electric Vehicle Outlook: Monthly EV Sale by EV Type, Global, 2017
    • Top 10 OEMs and Model Sales-2016 and 2017
    • EV Sales by Country-Top 10
    • Sales Forecast by Region and Technology
    • Sales by Top OEM-2017 vs. 2018
      • Table Electric Vehicle Outlook: Unit Sales by Region and Top OEMs, Global, 2017 and 2018
    • Top Five Selling Models-2017
  • 2017 Regional Outlook
    • Market Outlook-Europe
    • Market Outlook-North America
    • Market Outlook-China
    • Market Outlook-Japan
    • Market Outlook-South Korea
  • 2018 Regional Outlook
    • 2018 Outlook-Europe
    • 2018 Outlook-North America
    • 2018 Outlook-China
    • 2018 Outlook-Japan
    • 2018 Outlook-South Korea
  • Electric Vehicles Battery Analysis
    • Electric Vehicle Battery Trends
    • Battery Capacity Range and Impact on Battery Price Roadmap
    • Battery Production Capacity to 2020
    • Battery Portfolio-Battery Supply Chain by Battery Cell Chemistry
    • Battery Portfolio-Battery Chemistry Adoption Trend (OEM)
    • Beyond 2025-Solid-State Batteries
    • Battery Portfolio-Battery Value Chain Mapping
    • Battery Portfolio-Battery Value Chain Mapping (Premium Segment OEM)
    • Current Benchmarking of OEM Sourcing Strategies
    • Battery Active Thermal Management Systems by OEM
  • Electric Vehicles Motor Analysis
    • Global xEV Motor Market Estimates
    • eMotors-Future Intended Sourcing Strategies
    • Analysis of Motor Rating Broken Down by Power Range
    • Future xEV Motor Technology Migration
  • EV Retail Sales
    • Trends in Automotive Retail Stores
    • EV only Retail Store or Mixed Retailing Concept?
    • OEM Retail Strategies
    • Recommended EV Retail Elements-Critical Success Factors
    • Financial Lease Type Segmentation
  • Future EV Launches
    • BEV Launches
    • PHEV Launches
  • Incentives and Subsidies
    • Overview of Incentives
    • Incentive Structure in China
    • Incentives Structure in the US
    • Incentives Structure in Europe
    • Incentives Structure for India, Malaysia and Thailand
  • Charging Station Infrastructure Trends
    • Geographical Distribution of Charging Stations
    • Existing Charging Infrastructure
      • Table Electric Vehicle Outlook: Estimated Charging Stations, Europe, 2017-2025
    • EV Charging Infrastructure Deployment by Type-EU
      • Table Electric Vehicle Outlook: Existing Charging Infrastructure, US, 2017
    • Existing Charging Infrastructure
      • Table Electric Vehicle Outlook: Estimated Charging Stations, US, 2017-2025
    • EV Charging Infrastructure Deployment by Type-US
      • Table Electric Vehicle Outlook: Ultra-fast Charging, Global, 2012-2022
    • The Next Wave of Charging-Ultra-Fast Charging
    • Vehicle-side Charging Technology Roadmap-BEV & PHEV
    • Analysis of Charging Capacity-By OEM
    • Wireless Electric Charging Roadmap-OEM Plans
    • Wireless Charging Market Estimates
    • Establishment of the 1st Pan-European EV Charging Network
    • EV Charging Infrastructure Protocols
  • eLCV Outlook
    • Summary of eLCV Market
    • Why Urban Logistics will Shape the eLCV?
    • Key Factors Shaping the Future of Electric Light Commercial Vehicle
    • Vehicle Range and Battery Capacity for eLCVs
    • Global Electric Light Commercial Vehicle Market, 2017
    • Electric Light Commercial Vehicles-Expected Launches
    • Case Study-DHL Goal for Emission-Free Delivery & Logistics
    • Case Study-DHL's Unique Express `City Logistics' Solutions
    • eLCVs in the Delivery and Logistics Business-DHL
    • eLCVs in the Delivery and Logistics Business-UK Royal Mail
    • Use Case-Municipality of Lisbon
  • Fuel Cells Outlook
    • Regional FCEV Strategies
    • Market Size-Top Markets by Sales Volume
      • Table Electric Vehicle Outlook: Top Markets by Sales Volume, Global, 2013-2016
    • Expected Model Launches
    • Cost of Fuel Cell Stack Current and Future Trends
  • Growth Opportunities and Companies to Action
    • Growth Opportunity
    • Strategic Imperatives for Electric Vehicle Market
  • Key Conclusion and Future Outlook
    • Conclusion and Recommendations
  • Appendix
    • Market Leaders
    • Large Volume OEMs
    • Core Competencies of Tesla
    • BEV Segmentation
    • Definition of EV Charging Infrastructure
    • Market Engineering Methodology

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