Lithium market: Study: Asia-Pacific plug-in vehicle market to exceed 1.2M by 2015 tnr.v, rm.v, lmr.v, alk.ax, tsla, sqm, fmc, roc, lit, li.v, wlc.v, clq.v, res.v, ree, avl.to, nsany, f, gm, rno.pa, dai, byddf, hev, aone, vlnc

  

  After groundbreaking revelations from International Energy Agency this year, we know why Chinese are so keen on implementing their state-level plan for electrification of their transportation system. Why do we not hear about it on every corner now?  It is another question...

  Access to Strategic Commodities: Lithium and REE - will be the next game in town to make this transition from Oil to Electricity in mobility possible to happen on the mass scale.

IEA World Energy Outlook 2010:

"It s hard to overstate the growing importance of China in global energy markets. Our preliminary data suggest that China overtook the United States in 2009 to become the world's largest energy user...Prospects for further growth remain strong, given that China;s per-capita consumption level remains low, at only one-third of the OECD average, and that it is the most populous nation on the planet, with more than 1.3 billion people."

Just notice, please, Crude Oil: fields yet to be found - it is the political way to say Shortage of Oil. "Fields to be found" will require years to be put into production if and when they are actually found.


"The admissions about Peak Oil from IEA are groundbreaking for Energy Security, Electric Cars mass market and strategic commodities - it is the same magnitude of change as an invitation from the World Bank to discuss Gold standard - the real messages are still muted among different facts, but they are there, in the report from IEA! Unbearable truth must be impossible to hide any more - when will we start to act with the same scale as the problem we are facing in the nearest future?

"Those trashing Obama do know that it could be much worse - we guess that we are even closer to the real revelation of the Energy Short Squeeze, starting with liquid fuels and our politicians are preparing us now for this Oil Shock." 

Another surprise came with an endorsement to the Electric Cars from IEA: "Advanced vehicles will also have to make rapid gains in the coming years-to levels in the upper reaches of what most analysts believe is possible. By 2035, the IEA says that not only will 70 percent of new worldwide vehicle sales will have to come from advance technology plug-in hybrid and electric vehicles, but that that those cars will need to run mostly on electricity generated from nuclear and renewable sources rather than fossil fuels."

AutoBlogGreen:

"Led by strong demand from consumers in China, Japan and Korea, and influenced by national-level initiative programs, the Asia-Pacific region, according to Pike Research, is expected to become the world's largest market for plug-in vehicles by 2015. Sales of electrified vehicles in Asia-Pacific are expected to top 1.2 million in five year's time, with China leading the way with an impressive 554,114 plug-in on its roads.

Pike Research estimates that charging stations sales in Asia-Pacific, which are expected to generate revenue of more than $865 million for the area by 2015, will exceed 860,000 units by then. In addition, supplying the region's demand for plug-in vehicles will require nearly 8.8 million kWh worth of lithium-ion battery capacity.

Pike Research's report, "Electric Vehicles in Asia-Pacific," provides an overview of electric vehicles, charging equipment, advanced battery technology, government incentives and key factors that drive market growth in the Asia-Pacific region. The graph above shows electrified vehicle growth in the region over the next five years. Interested in finding out more? Pike's full report can be purchased by clicking here.

[Source: Pike Research]

PRESS RELEASE

Electric Vehicle Sales in Asia Pacific to Total 1.4 Million by 2015, Forecasts Pike Research

BOULDER, Colo.--(BUSINESS WIRE)--In the Asia Pacific region, there are various national-level initiatives and programs to promote the awareness of electric vehicles (EVs). These programs include the establishment of aggressive goals, subsidies for EV purchasers, research and development support and demonstration projects, tax incentives, regulation and standardization, and public education programs. According to a new report from Pike Research, these initiatives will help fuel a burgeoning market for plug-in electric vehicles (PEVs) within the region, and cumulative sales of plug-in hybrid and all-electric vehicles will surpass 1.4 million units in Asia Pacific during the period from 2010 to 2015.

"Two key drivers of EV adoption include climate concerns and oil prices"

"Two key drivers of EV adoption include climate concerns and oil prices," says senior analyst Andy Bae. "The potential for reducing carbon emissions by electrifying transportation has caught the attention of local and national government officials across Asia Pacific due to concerns about the contribution of transportation emissions to climate change. For example, South Korea faces worsening environmental issues. In 2005, the country had the tenth-highest level of CO2 emissions, as well as the highest CO2 emissions growth rate."

However, adds Bae, significant barriers to PEV uptake still exist in the form of consumer concerns about effective driving ranges as well as a near-term shortage of charging stations. The latter will be less of a problem over time as public, private, workplace, and residential charge points are installed in the coming years. By 2015, Bae expects that a total of 2.6 million EV charge points will be available to drivers across the region, outnumbering the vehicles themselves.

Pike Research anticipates that China will be the largest Asia Pacific market for PEVs over the next five years, representing 53% of the region's total sales during that period. The vast majority of China's PEV fleet will be battery electric vehicles (BEVs), driven by a strong push behind this category by the central government. In contrast, plug-in hybrid electric vehicles (PHEVs) will be the largest category in Japan, which is expected to be the region's second-largest market for all PEVs.

firm's website.

Pike Research is a market research and consulting firm that provides in-depth analysis of global clean technology markets. The company's research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Clean Transportation, Clean Industry, and Building Efficiency sectors. For more information, visit www.pikeresearch.com or call +1.303.997.4619."

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