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Micro-hybrids to dominate EVs market

Posted: 12 Dec 2012     Print Version  Bookmark and Share

Keywords:micro-hybrids  electric vehicle  hydrogen 

Vehicles with stop-start systems, also known as micro-hybrids, are going to remain the dominant hybrid vehicle type for next 10 years, believes IMS Research. The market research firm estimates that around 5.8 crore of these vehicles are estimated to be produced in 2022, which is 89 per cent of the total hybrid and electric vehicle production market.

Every major OEM is producing this type of vehicle as they recognise the CO2 saving benefits from the enabling technology, says the research firm.

Ben Scott, analyst, IMS Research, explained, "The benefits of stop/start systems are clear. Depending on driving profile, the reduction in CO2 emissions can be up to 5 per cent."

Whilst stop/starts are not strictly hybrid vehicles, the proportion these vehicles represent of the total hybrid and electric vehicle production market is expected to increase from 77 per cent in 2010 to 89 per cent in 2022, IMS Research says in its report.

Sales to date of 'true' hybrid and electric vehicles have not performed as expected as low consumer interest has resulted in poor sales, exacerbated by the current global economic situation.

"There is still the issue of range anxiety with a lack of charging infrastructure and battery technology that needs to evolve further and reduce in price," says Scott.

While the short to midterm belongs to the stop/start system, longer term hydrogen might represent the best 'fuel' solution. In an effort to re-engage consumer interest and 'shake-up' the 'true' hybrid and electric vehicle market, some OEMs are introducing hydrogen fuel cell vehicles.

For more statistics and forecasts, click here.





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