Hybrid commercial vehicles market to grow, but...
August 03, 2010 // Christoph Hammerschmidt
The market for hybrid truck, bus and vans is expected to explode over the coming years, says market research company Frost & Sullivan. However, before demand can take off, the high upfront cost associated to this class of vehicles needs to come down.
Driven by fuel price hikes, government incentives and low lifecycle costs, the market for commercial hybrid vehicles in Europe and North America is expected to skyrocket: It will expand from 4100 units in 2009 to 222.000 units in the year 2016, calculates Frost & Sullivan analyst Sandeep Kar.
Before however the run on HEV commercial vehicles can begin, a number of conditions has to be satisfied. In the first place, these conditions refer to the still high upfront cost for these vehicles. For instance, the vocational application of commercial trucks and buses involves frequent replacement (every four to five years) of the batteries, which are among the most expensive components of the HEV powertrain. Other ingredients of the HEV powertrain such as control and power electronics as well as rotating electric machines are also contributing to the high costs of these vehicles.
Despite government incentives, tax rebates and other grants, the upfront investment is still high enough to deter many potential customers. Standardization of the key enabling technologies would create relief since it would not only reduce R&D cost and complexity but also could function as a “foundation for aggressive price reduction strategies”, says Kar, adding that these reductions “are necessary for stoking market growth”.
There are also other factors that help to drive the acceptance of commercial HEVs. This class of vehicles, for instance exerts the lowest pressure on the existing energy and transportation infrastructure of all alternative powertrain technologies, Frost & Sullivan says. It also requires the least modification to the fuelling infrastructure.
Currently, private fleets have emerged as early adopters of hybrid commercial vehicles, Kar added. Robust volume growth however could only be attained if for-hire-fleets would start to use commercial HEVs across the board.All news
Switch to LED lighting cuts cruising energy costs by 60 percent
February 27, 2015
Europe’s leading holiday cruise company, Costa Cruises has upgraded ten of the company's fleet of cruise liners with more ...
Porsche rainmaker advocates platooning
Radar-based sensor network helps drivers finding a parking spot
Xilinx flexes its muscles in the ADAS arena
The future of custom ASICs
Dual nanowire structure absorbs light efficiently
February 26, 2015
Researchers at Aalto University have developed a method to implement different types of nanowires side-by-side into a single ...
5 trends to watch at Mobile World Congress
Infineon: CAN FD success goes at the expense of FlexRay
Who will partner LG to stimulate OLED TV sector?
- Software-Defined Radio Handbook
- A Four-Quadrant DC/DC Switching Regulator Smoothly Transitions from Positive to Negative Output Voltages for FPGA and Other Applications
- LED Driver with Integrated Spread Spectrum Reduces EMI without Adding Flicker
- Accelerate SDN and NFV with Off-the-Shelf Software
InterviewInfineon: CAN FD success goes at the expense of FlexRay
The faster version of the venerable CAN bus, CAN FD is currently taking off at several carmakers. Infineon's Thomas Böhm, Head of Body / Automotive, believes this could well go at the expense of FlexRay. ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
To ensure you have a good start in 2015, Freescale is giving away five of its QorIQ TWR-LS1021A Tower system modules, worth USD269 each, for EETimes Europe's readers to win.
The module is the most feature-rich and high-performance Tower system offered by Freescale, enabling compatibility and interoperability with the growing list of Tower expansion modules, offering an easily accessible...MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.