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
Catcher drones to geo-fence industrial sites
November 27, 2014
Once more last October, drones were making the headlines in France, with unidentified units reportedly flying over the country's ...
Industry embraces 48V supply in the aim of bringing down emissions
ST, InvenSense X-Fab amongst MEMS award winners
Chip market for wireless sensor networks on 23% CAGR
Biometric credit card ready for mass production, says Card Tech
New class of layered materials drive PV innovations
November 27, 2014
Physicists at the University of Kansas have fabricated a substance from two different atomic sheets of a layer of graphene ...
Lauterbach, Symtavision intermesh software for better safety
Mouser launch design contest around NXP's dual PCB configurable logic
UHF could usher in 'super-Wi-Fi'
- Common Mode Rejection in Wide Input Range Op Amps
- Power Systems Design eBook
- Halogen-free options and increased performance for terminal blocks
- Wireless Power User Guide
InterviewCEO interview: Vicor powers after higher volume applications
Patrizio Vinciarelli, is one of the longest serving CEOs in electronics, having founded Vicor in 1981 and led the company ever since. At Electronica he told EE Times Europe that his company is investing ...
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
This month, Cherry is giving away five of its Energy Harvesting Evaluation kits, worth over 266 Euros each, for EETimes Europe's readers to win. Cherry's energy harvesting technology benefit mostly applications where a complex wire assembly and/or batteries would be inappropriate.
The required RF-energy is created by the mechanical actuation of the switch and the data is transmitted...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.