Surveys

Companiesandmarkets.com: E-bike Sales to Exceed 130 Million Units Per Annum by 2025

LONDON, Oct 18, 2011 (BUSINESS WIRE) — –Most rapidly growing and largest electric vehicle market segment is LEVs

–70 brands profiled within light electric vehicles report

As fuel costs rise, the global light electric vehicle market is experiencing rapid growth, according to a new report available on companiesandmarkets.com. E-bikes are the largest segment, forecast to achieve unit sales in excess of 130 million units by 2025.

Light Electric Vehicles 2011-2021

http://www.companiesandmarkets.com/Market-Report/light-electric-vehicles-2011-2021-683132.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba

Light electric vehicles are 2-3 wheeled vehicles, used on land, and powered by electric motors driven by batteries or fuel cells. They are so called because they typically weigh below 100kg.

The largest LEV segment is e-bikes, which come in several forms and are controlled by a throttle. Examples include traditional domestic bikes, motor scooters, mini motor scooters, tricycles, mopeds, motorcycles and segways. Scooters account for a large proportion of ‘power on demand’ e-bikes, and are particularly common in Asian countries, where almost all LEV components are easily obtained courtesy of an extensive supply chain.

E-bike companies currently dominate the LEV market, but vehicle and motorcycle manufacturers are widely tipped to erode market share in the future. Also over the course of the reporting period, it is expected that more and more LEVs will incorporate advanced power technologies such as supercapacitors and lithium-ion batteries. It is also expected that there will be some crossover between LEVs and mobility equipment, as well as increased interest in heavier electric motorbikes.

Dominated by China, the rapidly growing light electric vehicle market is one of the largest industries in the world by unit shipments. Strong demand for LEVs, particularly electric bikes or e-bikes, has been noted in Japan and the European Union, and interest from the rest of the world has been rising over the last few years.

The 210 page, August 2011 publication studies the global light electric vehicles market for the period 2010-2021, providing in-depth analysis of the market by value and units shipped, the participants, their products/techniques and the opportunities available. The markets are split by geography, covering China, Japan, India, Europe, USA and the Rest of the World.

Report Details:

http://www.companiesandmarkets.com/Market-Report/light-electric-vehicles-2011-2021-683132.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba

SOURCE: Companies and Markets, Marketwatch

IDTechEx Launch Market Research Report Electric Vehicles 2011-2021

The IDTechEx Electric Vehicles report now includes updates for 2011 Electric Vehicles 2011-2021 Electric Vehicles – Seeing the Big Picture The burgeoning electric vehicle EV industry cannot be understood by simply looking at cars. The complete market value is, and will remain, about double the market for cars. The leaders such as Toyota, Honda and Nissan make electric vehicles for many applicational sectors. Indeed, many of them also control the manufacture of the component that most affects price and performance – the battery. For example, Nissan has a major program to put next generation lithium batteries from its battery joint venture into its forklifts as well as its cars. Toyota makes heavy and light industrial EVs from forklifts to buses and mobility for the disabled, not just electric cars, and the knowledge in these different divisions is shared between them all. Much is written about hybrid cars but there are substantial sales of hybrid military trucks, buses and even motorcycles now.  IDTechEx has rewritten its Electric Vehicles report for 2011. It is based on ten years of researching the subject, intensive desk research, visits and interviews. There are chapters on Heavy Industrial, Light Industrial and Commercial, Mobility for the Disabled, Two Wheelers, Golf Cars, Cars, Military, Marine and Other vehicles. That even extends to electric mobile robots, surveillance jellyfish and other Autonomous Underwater Vehicles (AUVs), bats and electric aircraft. Detailed forecasts for these vehicle categories by numbers and value and the key components are provided for 2011-2021. The trends, technology and planned vehicles are clarified in 146 figures and 52 tables including the historical context. Winning and losing strategies are evaluated. Timelines are given of events to come. At last the full picture of China IDTechEx does not make the common mistake of reporting primarily on vehicles from the well known Western and Japanese manufacturers. 66% of the manufacturers of electric vehicles in the world are in China. Over 90% of the world’s electric vehicles are made in China, mainly for use in China. It has the largest potential market for electric vehicles. It mines and controls 95% of the World’s rare earth reserves used in the hybrid car batteries, motors and other key components of today’s electric vehicles. Of the 420 EV manufacturers covered in this new report, an appropriately high proportion are Chinese. This is particularly true of the chapters on Heavy Industrial, Light Industrial and Commercial, Mobility for the Disabled, Two Wheelers, Golf Cars and Cars, where the Chinese heavily participate, as yet little publicity, because so much of it is for the domestic market. Unique forecasts New ten year forecasts for the whole EV market are only available from IDTechEx. The company finds that the electric vehicle industry will continue to exhibit strong growth for the next decade, though some sectors were impacted by the global financial meltdown and have yet to fully recover. Those participating in only one sector need to keep a wary eye on those with a broader vision: they must frequently review their strategy and avoid dangerous tunnel vision. Good volume growth but greater value growth The 30.6 million EVs sold in 2011 will rise to 51.3 million in 2021 but the value of the market will grow by far more because larger and more expensive vehicles are now rapidly adopting the technology. Motorcycles, military vehicles, buses and earthmovers are among them. Hybrids will rise from about 50% to about 60% of the value market through the decade. In ten years from now, a far higher percentage of the global output of light industrial vehicles, commercial vehicles and cars will be EVs. The new report gives the detail, forecasting numbers, unit value and total market value for each applicational sector with many original tables giving subsets of the data and a large number of profiles of current and planned activities of the participants. Some EV sectors were hit by the global financial meltdown but are recovering. Many sectors now benefit from the tsunami wave of government benefits, technical innovations and new models becoming available. We evaluate these aspects and the market drivers, including what users really need. Battery, motor and other technology is explained and forecasted as well. This report “Electric Vehicles 2011-2021″ is a sister report to IDTechEx reports about the two most important subsectors of the EV business – “Hybrid and Pure Electric Cars 2011-2021″ and “Car Traction Batteries – The New Gold Rush 2011-2021″. The report comes with one hour of free telephone or email consultancy to fill in any information you still require after having read it. Additional support In addition, all report purchases include one hour free consulting with a report author from IDTechEx, by email or telephone. This needs to be used within three months of purchasing the report. Further information If you have any questions about this report, please do not hesitate to contact Raoul at raoul@idtechex.com or call + 1 617 577 7890 (US).

CLSA’s report on the Indian tractor and UV industry

Improving tractor-industry fundamentalsWe believe that a combination of rising rural incomes, improving credit,diversifying usage of tractors and worsening labour shortage is driving astructural upturn in tractor demand in India. Higher industry concentrationlevels, tightening demand-supply and minimal incremental competition arehelping to improve pricing power for incumbents. With 42% market share,M&M is well-positioned to benefit from this. M&M’s low-cost tractor Yuvraj,which targets India’s small and marginal farmers, is seeing a good responseand should boost growth further in coming years.

Read full survey report @ Download pdf file

Murali Krishna, evhub.in: assessing EV’s progress in India

India could potentially be on the cusp of an EV boom, especially in the two-wheeler market. EV Update talks to Murali Krishna, founder of the leading EV web portal EVHUB.IN, about how the Indian market is shaping up.

EV Update: In general, how is the market for EV looking? Is it still in its early stages?

Murali Krishna: Although the sales are growing consistently, the electric bike market in India is still in its early stages. Almost every company is importing e-bike parts in CKD (completely knocked down) format, then assembling and selling them in local markets. But some big brands are working towards indigenous projects for developing parts in India. EV business owners are optimistic about EV market and investing hugely.

EV Update: Who are the domestic leaders in Indian EV bike and car manufacturing?

Murali Krishna: REVA is the pioneer in electric car category. Tata and Mahindra are developing electric vehicles but not yet commercialised. There are some small players in this segment who are yet to prove their existence in this market. In terms of two-wheelers, there are more than 125 electric bike companies in India as of now. No one of them leads this segment yet. That said, big players like Hero electric, Yo bikes, BSA motors, Ampere vehicles, Ultra motors are investing hugely on R&D, product quality and after sales service to capture the market share. The company that gives that best after sales service will become the market leader.

EV Update: Is the focus entirely on EV bikes, or are EV cars getting a look in as well?

Murali Krishna: The EV bike business is definitely leading the way in India. Indian two-wheeler brands like Hero and TVS are already in this business and now Yamaha is planning to enter into the Indian e-two wheeler market as well. Low speed electric two wheelers are most popular in India as licences and registration are not mandatory, and two-wheelers provide a smooth and safe drive as well.

Though [Indian automaker] REVA has been in the EV car market for the last ten years, its production is mostly for export to European countries. Mahindra’s acquisition of REVA has emphasised the importance of electric vehicles. All Indian four-wheeler leaders like Tata, Mahindra are working in EV development for their existing models, such as the Nano and Maximo. As electric vehicles have a drive range constraint, Indian users are still not motivated to use EV four-wheelers. Heavier battery replacement costs also act as a disincentive for consumers. Comparatively, two-wheelers are doing well due to the affordable costs – especially since the introduction of a government subsidy.

EV Update: What incentives is the government offering? And are there other government plans to help stimulate the EV market?

Murali Krishna: The Indian Government is providing INR 95 Crores (INR 950 million, or $21 million) for battery-operated vehicles subsidy. It is also providing R&D support in electric vehicles as part of the 11th five-year plan. But government still needs to increase the contribution so that full-fledged R&D can be done and develop indigenous electric vehicles in India.

A 20 percent subsidy is given on the ex-factory price for electric vehicle manufacturers. This reduces the cost on each electric bike by around INR 4,000 ($89) and around INR 100,000 ($2,238) for electric cars. The government has committed to subsidise 20,000 units of low speed electric two-wheelers and another 10,000 units of high speed two-wheelers during this financial year. In 2011-12, the number is set to increase to 80,000 units for low speed bikes and 20,000 units for high speed e-bikes.

The incentives are applicable to all electric vehicle manufacturers that have registered with SMEV [Society of Manufacturers of Electric Vehicles]. To register with SMEV, the manufacturer should have at least 30 percent indigenous content in their vehicles and should have significant retail and after sales operations.

EV Update: How would you describe consumer interest in India for EVs?

Murali Krishna: Despite frustration due to the fuel price hikes, consumers are not enthusiastic to buy an EV due to its low drive range, battery replacement cost and poor after sale service. This is because the parts are being imported and it adds to the cost and delivery time. Electric bike customers are mostly those who are fascinated by this new technology. As enthusiasts, they want to experiment.

EV Update: What are you predictions for the EV market over the next five years?

Murali Krishna: Over the next five years, India’s electric vehicle business will reflect the existing Chinese EV market. Currently there are more than 400,000 e-bikes on Indian roads, with a significant number being added every year. In coming years, we can expect many electric vehicle component manufacturers locally to support OEMs [Original Equipment Manufacturer], thereby reducing the product price and gaining better control over quality and lead time.

EV Update: Other than financial incentives, how could EV uptake in India be stimulated?

Murali Krishna: There are plenty of steps that could be taken. At an infrastructure level, electric bike lanes should be built to reduce interference with general traffic. Charging outlets should also be set up in shopping malls and market places, with credit card and smart card payments. Petrol based vehicles could also be banned from city centers.

From a research and development perspective, it is imperative to develop low-cost/high-performance battery technology, electric motors and other components locally. Also, vehicles should be developed for rural markets, which require extra mileage, weight carrying capacity and rough road reliability, among other factors.

In terms of government reforms, it would of course be helpful to increase the subsidies and incentives on various electric vehicle projects and products. The Government could also reform electric vehicle standards for Indian conditions by bringing all EV industry experts onto a single platform. Lastly, it would be good to introduce tax exemptions for imported components until the local market picks up.

Source: evupdate.com

Electric Bikes world wide report

2011 Tenth Edition 30,000,000 LEV 2011 Sales
212 pages with 405 photos & tables of products and technology
by Frank E. Jamerson Ph.D. with Ed Benjamin
Published once every two years with 2012 Update available early 2012
The premier comprehensive source on Light Electric Vehicles, and Four Wheel Electric Vehicles, with product and technology reviews and top executives business analyses

Entities that could benefit from EBWR11:
Electric Bike/Scooter Vendor: products and technology, marketing and servicing.
Bicycle/Scooter manufacturer: worldwide market assessments, technology updates.
Investment and Business Analysts: Market history and sales projections.
Government Agencies/Universities/Libraries: transportation trends and market growth.
History: The automobile starting in 1900 was transformational. LEVs starting in 1993 are also transformational, this is a new transportation category.

EBWR11 Highlights:

• EB/ES sales estimates project a bullish market in most of the seven regions analyzed.
• Plus EB sales for 17 European countries + Pedelec vs. Bottom Bracket Drive usage.
• Emerging markets – Thailand, South Africa, Spain, Israel, Brazil, Philippines.
• Executives of top EB companies, officials from China discuss the future of LEVs.
• Experts in battery and motor technology review those important to LEVs.
• Future of FWEVs and hydrogen Fuel Cell Vehicles have implications for LEVs.
• ES mystery, why are sales slow when Ed Benjamin says ESs will overtake EBs?
• Regulations update reveals rule changes are evolving, except in the USA

EBWR Customer Comments:

“We have the 2004, 2007 and 2009 Editions of EBWR. All these reports have been used extensively in our analysis of electric bikes and scooters as an emerging market segment for rechargeable lithium batteries. The quality of these reports is outstanding both for quantitative and qualitative information. The depth of coverage provides valuable insights for our strategic assessment of industry trends and drivers.”
Barbara A. Petrey - CI Manager, Celgard LLC

“I am greatly impressed by EBWR09. There is a tremendous wealth of information there about electric bikes, scooters, cars, and their components and a gorgeous supply of photos. I was astounded by the number of EVs in use in the world, and even more by the number of different companies making them, and the variety of models. I can’t understand now why there is so little information in the public media. Even people like me with a technical vehicle background are completely unaware of the magnitude of this activity. Section 9 on batteries, fuel cells, and motors represents the most comprehensive textbook I have seen on these subjects. I enjoyed reading EBWR09 and learned a lot.  Thanks for letting me see it.”
Bill Agnew, Ph.D. - GM Research Labs Retired

Frank Jamerson, Ph.D., Electric Battery Bicycle Company, is founder, publisher and author of Electric Bikes Worldwide Reports EBWR is retired from General Motors Company
Ed Benjamin 艾德·本杰明, USA citizen
Currently Managing Director of eCycleElectric LLC.,
Founder and Executive Director of Light Electric Vehicle Association (USA).
Languages: English, Mandarin

To order, please go To Order.