Bharat Book Bureau

Hybrid & Electric Vehicle Progress Review 2010

The global electric vehicle market in 2009 was worth more than $26 billion, including more than $4.6 billion worth of associated power sources. This market is expected to grow at a compound annual growth rate (CAGR) of 18.5% between 2010 and 2015 under a consensus scenario. This will result in a $78 billion global market in 2015, along with a $7.6 billion power source market. ( )

Hybrid and Electric Vehicle Progress Review covers technical developments in electric, hybrid and fuel cell vehicles as well as industry and financial news related to the development of this market sector. No hybrid vehicle (HV), no hybrid plug-in electric hybrid (PHEV), no fuel cell (FC) vehicle, or the so-called pure electric vehicle (EV) and no traditional internal combustion engine (ICE) vehicle is going to operate without a battery of some type. The place to look at the developments in practically zero emission vehicles is battery improvements and chemistries. Under consideration are the so-called secondary or rechargeable batteries.

Electric vehicles have to compete by price and performance, although style and durability are still part of the equation. For the basic hybrid with almost zero emissions there is the fully functional and reliable Prius getting about 50 mpg in the 2010 priced from $22,800 to fully loaded with all the options at $28,000. Space-wise the Prius is smaller than a Lexus SUV hybrid but has all the other features except for heated seats and electric seat adjustments.

Some fuel cell powered large vehicles such as buses have had great success. The hydrogen tanks fit neatly on the roof and are covered with a neat plastic dome that may start to look like a NASCAR vehicle with all the sponsors buying a logo. The exact route of a bus is known. Thus fuel/hydrogen consumption can be precisely measured. Full tanks of hydrogen can be easily replaced and there is no need for off-site refueling stations.

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