30 Dec '15, 12am

Electric vehicle market poised to expand at "breakneck speed"

Electric vehicle market poised to expand at "breakneck speed"

The electric vehicle market is expanding far beyond the electric car segment and is expected to grow at "breakneck" speed over the next decade, according to a new report from IDTechEx Research. The analyst firm this month released a new study detailing Electric Vehicle Forecasts, Trends and Opportunities from 2016 to 2026 . It concluded a $500bn market opportunity would be created by 2026 as electrification enters almost every part of the transport market. FURTHER READING Alphabet beats 2015 electric vehicle fleet target Volvo's electric bus tours streets of Gothenburg with mobile Christmas show "Batteries, supercapacitors, energy harvesting, wireless charging, power electronics and structural electronics are all evolving and breakthroughs are appearing more commonly in other vehicles such as boats and planes, before cars," IDTechEX said. "This is driving progress across t...

Full article: http://www.businessgreen.com/bg/news/2439980/electric-veh...

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Electric Vehicle Market Poised To Explode

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, IDTechEX expects big gains in electric vehicles for construction, agriculture, and industrial watercraft. It says those ...

via @CleanTechnica

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