A new study suggests that electric vehicles and hybrids are poised to make huge gains in the automotive market in the next 15 years.
The study, performed by two analysts from IDTechEx, predicts that 25% of the cars made in 2025 will be hybrids and 10% will be pure electrics. “Any motor manufacturer without a compelling lineup of electric vehicles is signing its death warrant,” the authors write.
Called “Hybrid and Pure Electric Cars 2009-2019,” the 200-page study examines hybrids, plug-in hybrids, and pure electrics, including those from Toyota, Tesla and Mitsubishi, among others.
The study also takes a detailed look at battery technologies, as well as at energy harvesting in vehicles from such sources as light, heat and shock absorbers.