Skip to main content

Biggest change in cars for 100 years now starting, says IDTechEx Research

According to a new report from IDTechEx Research, Electric Car Technology and Forecasts 2017-2027, the biggest change in cars for one hundred years is now starting. It is driven by totally new requirements and capabilities. They will cause huge new businesses to appear, but some giants will spectacularly go bankrupt. Cities will ban private cars but encourage them as autonomous taxis and rentals. Already 65 per cent of cars in China are bought by businesses. The Japanese want the car to be part of the hy
December 5, 2016 Read time: 2 mins
According to a new report from 6582 IDTechEx Research, Electric Car Technology and Forecasts 2017-2027, the biggest change in cars for one hundred years is now starting. It is driven by totally new requirements and capabilities. They will cause huge new businesses to appear, but some giants will spectacularly go bankrupt. Cities will ban private cars but encourage them as autonomous taxis and rentals. Already 65 per cent of cars in China are bought by businesses.

The Japanese want the car to be part of the hydrogen economy and a source of back-up power. Emerging countries want car-like vehicles, mainly as taxis, that are one-tenth of the cost and never refuel. There is even work on getting electricity from tyres.

The mechanical world of cogs, axles, pistons and brakes is becoming one of power electronics, complex electric machine systems, batteries and their successors. Integration is the name of the game with structural electronics, where components-in-a-box are becoming smart wheels, smart bodywork, smart seating and single-piece composite dashboards with integrated instruments.

Electric Car Technology and Forecasts 2017-2027 has the latest insight and balanced analysis on advances of electric cars and their global markets. It details developments in key enabling technologies, structural electronics and progress towards electric independent vehicles, carefully assessing where and when these will appear and who the winners and losers will be.

The report provides ten year forecasts for nine categories of cars and car-like vehicles. It finds a huge market emerging for the cheapest and easiest way of converting the existing production of cars to keep them legal as new climate change laws bite - the 48V mild hybrid. Uniquely, there is also a complete chapter on cars in China - the country that buys the most, has some of the lowest costs and leapfrogging innovation but completely different market drivers and strong government control.

Related Content

  • December 20, 2016
    Electric vehicles in construction are the future, say researchers
    The industrial and commercial sector is the largest part of the electric vehicle value market and that will continue to be the case according to analysis in the IDTechEx report, Industrial and Commercial Electric Vehicles 2017-2027. Buses are the largest part of that and they are mainly made in China for China, where typical orders are ten times the size of orders elsewhere. Less dramatically, construction, mining and agriculture do not see 70 per cent grants for EV versions yet they are steadily becomin
  • June 24, 2016
    Elimination of electric vehicle systems
    According to IDTechEx Research reports, Power Electronics for Electric Vehicles 2016-2026, Mild Hybrid 48V Vehicles 2016-2031 and Structural Electronics 2015-2025: Applications, Technologies, Forecasts”, el4ctric vehicles (EVs)have a cost challenge: hybrids have complexity problems meaning reliability and space issues. Extra power electronic units arrive for tasks such as a vehicle-to-grid, vehicle-to-house and inductive charging. Many more will be added in future such as regeneration modules - thermoelect
  • March 16, 2017
    Electric vehicles will be a US$731 million market in ten years, say researchers
    The latest IDTechEx Research overview report, Electric Vehicles 2017-2037: Forecasts, Analysis and Opportunities, forecasts that electric vehicles will be a US$731 billion market in 2027, profoundly changing society by 2037. This report provides forecasts in numbers and value for 45 types of electric vehicle across land, water and air. We have taken a bottom up approach in assessing each of these 45 vehicle types. The fact-based number and value ten year forecasts in these 45 categories and the twenty y
  • January 13, 2017
    Electric boats and ships 2017-2027: Large market emerging, says IDTechEx
    Analysts at IDTechEx have issued a new report, Electric Boats and Ships 2017-2027 looking at this fragmented but often highly profitable and growing sector. It says there are already over 100 manufacturers of electric boats and ships. The report finds that the market for hybrid and pure electric boats and ships will rise rapidly to over US$20 billion worldwide in 2027 for non-military versions. The recreational boat market is the largest and fastest growing electric marine market in sales number, followe