This IDC Energy Insights report looks at the coming plug-in electric vehicle (PEV) rollout and forecasts the size and timing of the rollout in North America, Europe, Asia, and the rest of the world. Plug-in electric vehicles are coming in large numbers over the next few years. IDC Energy Insights forecasts that there will be over 885,000 PEVs sold in North America, almost 800,000 in Europe, and 2.7 million worldwide by 2015, and PEV penetration rates could reach as much as 4% of the global automotive fleet by 2020. Even in this aggressive scenario, the overall impact on utility revenue and electricity demand will be relatively limited, with PEVs consuming approximately the same amount of electricity as electric clothes dryers do.
"Electric vehicles have been promised for more than three decades, so it's understandable that some people in the electric utilities industry are skeptical," says IDC Energy Insights Research Manager Sam Jaffe. "But this time is different: they will be arriving in driveways in large numbers over the next few years and they will be plugging into the grid."
Table of Contents
IDC Energy Insights Opinion
In This Study
Definitions
Situation Overview
North American Situation
European Situation
The Approach
Plug-In Electric Vehicle Models
Future Outlook
Forecast Data
Essential Guidance
Actions to Consider
Learn More
Related Research
Synopsis
Table: Plug-In Electric Vehicle Launches, 2011
Figure: Nissan Leaf, 2011
Figure: Chevy Volt, 2011
Figure: Daimler Smart Fortwo Electric Vehicle, 2010
Figure: Worldwide Electric Vehicle Sales, 2011-2015
Figure: North America Electric Vehicle Sales, 2011-2015
Figure: Europe Electric Vehicle Sales, 2011-2015
Figure: Worldwide Plug-In Electric Vehicle Sales by Region, 2011-2015
Figure: North America Plug-In Electric Vehicle Penetration Scenario, 2015-2020
Figure: Europe Plug-In Electric Vehicle Penetration Scenario, 2015-2020
Figure: Worldwide Plug-In Electric Vehicle Penetration Scenario, 2015-2020