Hybrid and electric vehicle (H/EV) sales will more than double to 25 million units in 2018. Market advances will be led by micro and mild hybrids. Micro hybrids are conventional vehicles equipped with start-stop systems. Mild hybrids also have regenerative braking, and some of these come equipped with a small electric motor that helps start the vehicle but can not propel it without the aid of an internal combustion engine. These systems offer significant fuel savings considering their relatively low cost, and can lower overall vehicle emissions. In 2018, micro and mild hybrids will account for 80 percent of all H/EV demand, followed by full and plug-in hybrids and electric vehicles.

Western Europe to remain largest regional market

Western Europe was the first region to adopt micro/mild hybrid vehicles on a mass scale. As a result, it will remain the largest regional market for micro and mild hybrids and for H/EVs overall, representing 44 percent of total demand in 2018. However, micro/mild hybrid sales are projected to grow faster in other parts of the world, particularly in North America and the Asia/Pacific region. Electric vehicle demand in these regions will exhibit the fastest gains of any type through 2018, albeit from a very small current market base.

Expansion in China, Japan to spur Asia/Pacific growth

The Asia/Pacific region, led by China, will represent the fastest growing market for H/EVs through 2018. Sales gains will be fueled by an increasing number of micro/mild hybrids offered for sale in the country and further narrowing of the price premium over conventional vehicles. In addition, European, Japanese, and US automakers will continue to open and expand existing plants in China and partner with domestic firms to take advantage of government subsidies for vehicles purchased from locally based suppliers. The Asia/Pacific region is also home to Japan, which will remain the world’s largest market for full and plug-in hybrids, representing two-fifths of all demand for those vehicle types in 2018. The US will continue to have the world’s highest electric vehicle sales, accounting for over one-fifth of the global total.

Higher fuel prices, lower cost parts key to H/EV affordability

Increases in overall H/EV demand will be stimulated by high global fuel prices and supported by reductions in component (especially battery) prices as output levels climb and greater economies of scale are achieved. This will help make H/EVs more affordable to the average vehicle purchaser, a particularly major factor in industrializing countries where privately owned vehicles remain a relative luxury. Heightened concerns about air pollution worldwide will also lead to the enactment of additional regulations and subsidy programs supporting sales and use of H/EVs, as these vehicles have the potential to significantly reduce tailpipe emissions.Light vehicles will account for over 99 percent of all H/EV sales in 2018. Nevertheless, demand for fuel-efficient H/EV medium and heavy duty trucks will more than triple as their price premium over conventional models shrinks. The technology required to manufacture H/EVs is more sophisticated than that for conventional motor vehicles. As a result, H/EV production is concentrated among a relatively few large automakers with considerable research and development resources. However, a number of smaller startup companies have entered the electric vehicle industry, with Tesla Motors being the most successful to date. While merger and acquisition activity among vehicle producers is rare, most OEMs have at least one H/EV-related cooperative agreement with another automaker.

Study coverage

This Freedonia industry study, World Hybrid & Electric Vehicles, presents historical data (2003, 2008 and 2013) plus forecasts for 2018 and 2023 for supply and demand, as well as demand by type and segment, in 6 regions and 17 countries. The study also assesses key market environment factors, examines emerging technology, evaluates company market share data and profiles 44 global competitors.

Pricing on the website is provided for single users and 2-5 users licenses only. Please contact us at 400-009-0050 or send an email to report@sinomarketinsight.com to purchase multi-user licenses.

TABLE OF CONTENTS

     SECTION     PAGE

INTRODUCTION      xii

I. EXECUTIVE SUMMARY        1

II. MARKET ENVIRONMENT        4
General        4
World Economic Overview        5
   Recent Historical Trends        5
   World Economic Outlook        6
World Population Overview       10
Per Capita GDP Trends       12
World Motor Vehicle Overview       14
   Motor Vehicle Production       15
   Motor Vehicle Demand       18
   Motor Vehicles in Use       20
Environmental & Regulatory Factors       22
   Emissions Regulations       23
   Rebates & Incentives       25
Pricing Trends       27

III. TECHNOLOGY       29
General       29
Hybrid & Electric Powerplants       30
   Micro/Mild Hybrid       32
   Full Hybrid       33
   Plug-In Hybrid       34
   Battery Electric       34
   Fuel Cell       35
Hybrid & Electric Vehicle Commercialization Issues       36
   Safety Concerns       36
   Battery Life       36
   Electric Vehicle Range       38
   Fueling Infrastructure Readiness       38
Energy Storage Technologies       39
Well-to-Wheels Efficiency & Pollution Comparisons       41
Regulatory Compliance       42
Technology Penetration       44

IV. WORLD SUPPLY & DEMAND       45
General       45
Regional Overview       46
   Demand       46
   Vehicles in Use       49
   Production       51
      Micro/Mild Hybrid Vehicle Production       54
      Full/Plug-In Hybrid & Electric Vehicle Production       55
   International Trade       56
Demand by Type       58
   Hybrid       61
      Micro/Mild Hybrid       62
      Full Hybrid       65
      Plug-In Hybrid       68
   Electric       70
      Battery       72
      Fuel Cell       73
Demand by Segment       75
   Light Vehicles       75
   Medium & Heavy Trucks & Buses       78

V. NORTH AMERICA       80
General       80
Hybrid & Electric Vehicle Supply & Demand       81
Hybrid & Electric Vehicle Market Outlook       85
United States       87
Canada       94
Mexico      100

VI. WESTERN EUROPE      107
General      107
Hybrid & Electric Vehicle Supply & Demand      109
Hybrid & Electric Vehicle Market Outlook      112
Germany      115
United Kingdom      121
France      127
Italy      133
Spain      139
Netherlands      145
Belgium      151
Austria      157
Sweden      163
Other Western Europe      169

VII. ASIA/PACIFIC      176
General      176
Hybrid & Electric Vehicle Supply & Demand      178
Hybrid & Electric Vehicle Market Outlook      181
Japan      184
China      191
India      197
South Korea      204
Other Asia/Pacific      210

VIII. OTHER REGIONS      217
Central & South America      217
Eastern Europe      224
   Russia      231
   Poland      237
   Other Eastern Europe      243
Africa/Mideast      249

IX. INDUSTRY STRUCTURE      257
General      257
Industry Composition      258
Market Share      261
   Micro/Mild Hybrid Vehicles      262
   Full/Plug-In Hybrid Vehicles      263
   Electric Vehicles      264
Research & Product Development      266
Manufacturing      267
OEM & Supplier Competitive Strategies      268
Marketing & Distribution      269
Cooperative Agreements      271
Financial Issues & Requirements      280
Mergers, Acquisitions, & Industry Restructuring      281
Company Profiles      283
   Alcoa Incorporated      284
   Anhui Jianghuai Automobile Company Limited      285
   Bayerische Motoren Werke AG      286
   Blue Energy, see GS Yuasa and Honda Motor
   BMW Brilliance Automotive, see Bayerische Motoren Werke
   Bosch (Robert) GmbH      290
   BYD Company Limited      295
   Chery Automobile Company Limited      298
   Chongqing Changan Automobile Company Limited      299
   Continental AG      301
   Daimler AG      304
   Delphi Automotive plc      311
   DENSO Corporation      314
   Deutsche ACCUmotive, see Daimler
   Eaton Corporation plc      316
   Exide Technologies      318
   Fiat SpA      320
   Ford Motor Company      322
   Freescale Semiconductor Incorporated      325
   Freightliner Custom Chassis, see Daimler
   Fuji Electric Company Limited      326
   General Motors Company      328
   Gillig LLC      331
   GS Yuasa Corporation      332
   Halla Visteon Climate Control, see Visteon
   Hitachi Limited      334
   Honda Motor Company Limited      336
   Hyundai Motor Company      341
   JAC Motors, see Anhui Jianghuai Automobile
   JATCO, see Mitsubishi Motors and Nissan Motor
   Johnson Controls Incorporated      345
   Keihin Corporation      347
   Kia Motors, see Hyundai Motor
   LG Chem Limited      349
   Linamar Corporation      351
   Lithium Energy and Power, see Bosch (Robert) and GS Yuasa
   Lithium Energy Japan, see GS Yuasa and Mitsubishi Motors
   Mazda Motor Corporation      353
   Mitsubishi Fuso Truck and Bus, see Daimler
   Mitsubishi Motors Corporation      355
   New Flyer Industries Incorporated      359
   Nissan Motor Company Limited      361
   NMKV, see Mitsubishi Motors and Nissan Motor
   NuCellSys, see Daimler
   Panasonic Corporation      368
   Peugeot SA      370
   Renault SA      373
   Saft Groupe SA      378
   SAIC Motor Corporation Limited      380
   Samsung SDI Company Limited      381
   SB LiMotive, see Samsung SDI
   Shenzhen BYD Daimler New Technology, see BYD and Daimler
   Suzuki Motor Corporation      383
   TE Connectivity Limited      385
   Tesla Motors Incorporated      386
   Toshiba Corporation      389
   Toyota Motor Corporation      391
   Valeo SA      398
   Visteon Corporation      402
   Volkswagen AG      404
   Volvo Car Group      410
   ZF Friedrichshafen AG      412
   Zytek Group Limited      415
Other Companies Mentioned in the Study      417

      LIST OF TABLES

    TABLE NUMBER     PAGE

SECTION I -- EXECUTIVE SUMMARY
Summary Table        3

SECTION II -- MARKET ENVIRONMENT
1 World Gross Domestic Product by Region        9
2 World Population by Region       12
3 World Per Capita Gross Domestic Product by Region       14
4 World Motor Vehicle Production by Type & Region       18
5 World Motor Vehicle Demand by Type & Region       20
6 World Motor Vehicles in Use by Type & Region       22

SECTION III -- TECHNOLOGY
1 Comparison of Hybrid & Electric Powertrain Types       31

SECTION IV -- WORLD SUPPLY & DEMAND
1 World Hybrid & Electric Vehicle Demand by Region       48
2 World Hybrid & Electric Vehicles in Use by Region       50
3 World Hybrid & Electric Vehicle Production by Region       53
4 World Micro/Mild Hybrid Vehicle Production by Region       55
5 World Full/Plug-In Hybrid & Electric Vehicle
   Production by Region       56
6 World Hybrid & Electric Vehicle Net Exports by Region       58
7 World Hybrid & Electric Vehicle Demand by Type       60
8 World Hybrid Vehicle Demand by Type & Region       62
9 World Micro/Mild Hybrid Vehicle Demand by Region       64
10 World Full Hybrid Vehicle Demand by Region       67
11 World Plug-In Hybrid Vehicle Demand by Region       69
12 World Electric Vehicle Demand by Type & Region       71
13 World Hybrid & Electric Vehicle Demand by Segment       75
14 World Hybrid & Electric Light Vehicle
   Demand by Type & Region       77
15 World Hybrid & Electric Medium & Heavy Duty
   Truck & Bus Demand by Type & Region       79

SECTION V -- NORTH AMERICA
1 North America: Hybrid & Electric Vehicle Supply & Demand       84
2 North America: Hybrid & Electric Vehicle Demand
   by Type & Segment       86
3 United States: Hybrid & Electric Vehicle Supply & Demand       91
4 United States: Hybrid & Electric Vehicle Demand
   by Type & Segment       93
5 Canada: Hybrid & Electric Vehicle Supply & Demand       98
6 Canada: Hybrid & Electric Vehicle Demand
   by Type & Segment      100
7 Mexico: Hybrid & Electric Vehicle Supply & Demand      104
8 Mexico: Hybrid & Electric Vehicle Demand
   by Type & Segment      106

SECTION VI -- WESTERN EUROPE
1 Western Europe: Hybrid & Electric Vehicle
   Supply & Demand      111
2 Western Europe: Hybrid & Electric Vehicle Demand
   by Type & Segment      114
3 Germany: Hybrid & Electric Vehicle Supply & Demand      119
4 Germany: Hybrid & Electric Vehicle Demand
   by Type & Segment      121
5 United Kingdom: Hybrid & Electric Vehicle
   Supply & Demand      125
6 United Kingdom: Hybrid & Electric Vehicle Demand
   by Type & Segment      127
7 France: Hybrid & Electric Vehicle Supply & Demand      131
8 France: Hybrid & Electric Vehicle Demand
   by Type & Segment      133
9 Italy: Hybrid & Electric Vehicle Supply & Demand      137
10 Italy: Hybrid & Electric Vehicle Demand
   by Type & Segment      139
11 Spain: Hybrid & Electric Vehicle Supply & Demand      143
12 Spain: Hybrid & Electric Vehicle Demand
   by Type & Segment      145
13 Netherlands: Hybrid & Electric Vehicle Supply & Demand      149
14 Netherlands: Hybrid & Electric Vehicle Demand
   by Type & Segment      151
15 Belgium: Hybrid & Electric Vehicle Supply & Demand      155
16 Belgium: Hybrid & Electric Vehicle Demand
   by Type & Segment      157
17 Austria: Hybrid & Electric Vehicle Supply & Demand      161
18 Austria: Hybrid & Electric Vehicle Demand
   by Type & Segment      163
19 Sweden: Hybrid & Electric Vehicle Supply & Demand      167
20 Sweden: Hybrid & Electric Vehicle Demand
   by Type & Segment      169
21 Other Western Europe: Hybrid & Electric Vehicle
   Supply & Demand      173
22 Other Western Europe: Hybrid & Electric Vehicle Demand
   by Type & Segment      175

SECTION VII -- ASIA/PACIFIC
1 Asia/Pacific: Hybrid & Electric Vehicle Supply & Demand      180
2 Asia/Pacific: Hybrid & Electric Vehicle Demand
   by Type & Segment      183
3 Japan: Hybrid & Electric Vehicle Supply & Demand      188
4 Japan: Hybrid & Electric Vehicle Demand
   by Type & Segment      190
5 China: Hybrid & Electric Vehicle Supply & Demand      195
6 China: Hybrid & Electric Vehicle Demand
   by Type & Segment      197
7 India: Hybrid & Electric Vehicle Supply & Demand      202
8 India: Hybrid & Electric Vehicle Demand
   by Type & Segment      204
9 South Korea: Hybrid & Electric Vehicle Supply & Demand      208
10 South Korea: Hybrid & Electric Vehicle Demand
   by Type & Segment      210
11 Other Asia/Pacific: Hybrid & Electric Vehicle
   Supply & Demand      214
12 Other Asia/Pacific: Hybrid & Electric Vehicle Demand
   by Type & Segment      216

SECTION VIII -- OTHER REGIONS
1 Central & South America: Hybrid & Electric Vehicle
   Supply & Demand      221
2 Central & South America: Hybrid & Electric Vehicle
   Demand by Type & Segment      223
3 Eastern Europe: Hybrid & Electric Vehicle
   Supply & Demand      227
4 Eastern Europe: Hybrid & Electric Vehicle Demand
   by Type & Segment      230
5 Russia: Hybrid & Electric Vehicle Supply & Demand      235
6 Russia: Hybrid & Electric Vehicle Demand
   by Type & Segment      237
7 Poland: Hybrid & Electric Vehicle Supply & Demand      241
8 Poland: Hybrid & Electric Vehicle Demand
   by Type & Segment      243
9 Other Eastern Europe: Hybrid & Electric Vehicle
   Supply & Demand      247
10 Other Eastern Europe: Hybrid & Electric Vehicle Demand
   by Type & Segment      249
11 Africa/Mideast: Hybrid & Electric Vehicle
   Supply & Demand      254
12 Africa/Mideast: Hybrid & Electric Vehicle Demand
   by Type & Segment      256

SECTION IX -- INDUSTRY STRUCTURE
1 World Hybrid & Electric Vehicle Sales by Company, 2013      260
2 Selected Cooperative Agreements      273
3 Selected Acquisitions & Divestitures      282

      LIST OF CHARTS

    CHART NUMBER     PAGE

SECTION IV -- WORLD SUPPLY & DEMAND
1 World Hybrid & Electric Vehicle Demand by Region, 2013       49
2 World Hybrid & Electric Vehicles in Use by Region, 2013       51
3 World Hybrid & Electric Vehicle Production by Region, 2013       54
4 World Hybrid & Electric Vehicle Demand by Type, 2013       60
5 World Micro/Mild Hybrid Vehicle Demand by Region, 2013       65
6 World Full Hybrid Vehicle Demand by Region, 2013       68
7 World Plug-In Hybrid Vehicle Demand by Region, 2013       70
8 World Electric Vehicle Demand by Region, 2013       72

SECTION V -- NORTH AMERICA
1 North America: Hybrid & Electric Vehicle Demand
   by Country, 2013       85

SECTION VI -- WESTERN EUROPE
1 Western Europe: Hybrid & Electric Vehicle Demand
   by Country, 2013      112

SECTION VII -- ASIA/PACIFIC
1 Asia/Pacific: Hybrid & Electric Vehicle Demand
   by Country, 2013      181

SECTION VIII -- OTHER REGIONS
1 Eastern Europe: Hybrid & Electric Vehicle Demand
   by Country, 2013      228

SECTION IX -- INDUSTRY STRUCTURE
1 World Hybrid & Electric Vehicle Market Share, 2013      262
2 World Micro/Mild Hybrid Vehicle Market Share, 2013      263
3 World Full/Plug-In Hybrid Vehicle Market Share, 2013      264
4 World Electric Vehicle Market Share, 2013      265