E-cars are oversupplied and changing in all respects but in this frenzy of birth and death the future is being created with hybrid cars rapidly gaining market share now and sale of pure electric cars likely to take off in the second half of the coming decade as certain technical and cost challenges are resolved. Toyota and Tesla have hugely benefitted from correct market positioning but now Toyota is betting strongly on fuel cell hybrids and Tesla on mainstream pure electric cars - both graveyards for many companies in the past. A vicious shakeout of car and battery manufacturers has commenced with the winners expecting riches beyond the dreams of avarice.
IDTechEx finds that the global sale of hybrid and pure electric cars will rise to over $185 billion in 2025 as they are transformed in most respects. For example, components are becoming integrated, the range extender as an optional extra breaks down the difference between pure electric and hybrid and car manufacturers vertically integrate and collaborate, competing with their suppliers.
Contents include homologated cars and car-like vehicles and their very different technology and global appeal. Many interviews are woven into the text as appropriate, with the outcome being forecasts 2015-2025 for number, cost and market value of the different types of car and technology roadmaps.
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