“The markets for PHEVs and EVs…will remain small unless oil prices skyrocket,” the report says. It goes on to predict that even at oil prices $200 per barrel, only about 4% of the vehicles sold worldwide will be PHEVs or EVs.
The report also concludes that government subsidies will figure prominently in the adoption of PHEVs and EVs and lithium-ion battery technology will be a clear winner, no matter the oil scenario.
For industrial control applications, or even a simple assembly line, that machine can go almost 24/7 without a break. But what happens when the task is a little more complex? That’s where the “smart” machine would come in. The smart machine is one that has some simple (or complex in some cases) processing capability to be able to adapt to changing conditions. Such machines are suited for a host of applications, including automotive, aerospace, defense, medical, computers and electronics, telecommunications, consumer goods, and so on. This discussion will examine what’s possible with smart machines, and what tradeoffs need to be made to implement such a solution.