Table of Contents
Although today electric vehicle (EV) technology is attracting significant attention and investment, it is certainly not a new sector but the resurgence of one that enjoyed considerable popularity during the latter years of the 19th century and the first decade or two of the 20th. Indeed, before the meteoric rise of the internal combustion engine (ICE) it was electric and steam propulsion that competed for dominance in the motorised transportation sector.
However, the ICE had distinct advantages over the other two technologies, particularly with respect to operating range and convenience: the electric vehicle’s batteries frequently required time-consuming recharging and the steam vehicle could not be used before a lengthy warm-up period, and its range was limited by the quantity of water that it could carry. The abundance of cheap oil, the advent of the mass-production assembly line and the development of the self-starter then assured the ICE’s advance as the dominant propulsion technology.
This report focuses primarily on vehicles that rely solely on electric propulsion, and also includes a review of ‘range-extended’ electric vehicles (REEV) that carry an internal combustion engine (ICE) and generator set that is capable of recharging the batteries to enable travel beyond the electric range available from batteries alone. REEVs are predominantly series hybrid vehicles on which the ICE cannot directly power the driving wheels and which feature significant battery capacity.
Get Industry Insights. Simply.
Talk to Veronica
+1 718 514 2762
Global Hybrid Vehicles Market: Overview This market research study analyzes the hybrid vehicles market on global basis and provides estimates in terms of revenue (US$ Bn) from 2015 to 2024. It describes ...
Global Hybrid Cars Market: Overview Hybrid car is an eco-friendly vehicle which consists of combination of gasoline fuel and electric motor with battery pack as energy source. Conventional IC engine is ...
“Availability of government support such as subsidies and tax rebates, increasing consumer awareness, increasing vehicle range and low charging time has driven the demand for EVs globally” EV sales ...