From Hybrid Vehicle Dominance to the Adoption of Electric Vehicles - PowerPoint PPT Presentation

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From Hybrid Vehicle Dominance to the Adoption of Electric Vehicles

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Battery electric vehicles have garnered substantial attention for their zero-emissions potential, hybrid vehicles are making significant strides. Read more – PowerPoint PPT presentation

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Date added: 7 August 2024
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Title: From Hybrid Vehicle Dominance to the Adoption of Electric Vehicles


1
From Hybrid Vehicle Dominance to the Adoption of
Electric Vehicles The automotive industry is
undergoing a major transformation towards
electrification. While battery electric vehicles
(BEVs) have garnered substantial attention for
their zero-emissions potential, hybrid vehicles
are making significant strides in market
growth. Despite these promising projections for
the electric vehicle market, major automakers are
currently turning to hybrids to meet consumer
demand and comply with federal fuel economy and
emissions standards. Hybrids account for 8.3 of
US car sales, with approximately 1.2 million
units sold through November 2023an increase of
2.8 compared to the previous year.
Emerging Trends in Hybrid Vehicle Sales According
to data published by Kelley Blue Book, electric
vehicle (EV) sales in the US have experienced a
recent slowdown in growth. In the first quarter
of 2024, 268,909 new electric vehicles were sold,
accounting for 7.3 of total new vehicle sales.
This represents a decrease from the previous
quarter and a modest 2.6 increase
year-over-year, a significant drop compared to
the high growth rates of previous years. For
instance, EV sales in Q1 2023 saw a 46.4
year-over-year increase. In parallel, Tesla, the
market leader, has been notably impacted, with
its sales declining by 13.3 year-over-year in
the first quarter of 2024. Teslas market share
also dropped from 61.7 a year ago to 51.3.
Despite this, Tesla remains dominant in the EV
market by volume, selling 140,187 vehicles in Q1
2024, substantially outpacing its closest
competitor. Moving ahead, the slowdown in growth
is attributed to factors such as production
interruptions and increased competition. Tesla
paused production of its Model 3 for a redesign,
while General Motors faced issues with its Ultium
batteries, affecting EV availability. However,
brands like Cadillac and Ford experienced
substantial year-over-year
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  • growth in EV sales, with Cadillac up by 499.2
    and Ford by 86.1. Meanwhile, although BEV sales
    declined in Q1 2024, hybrid vehicle sales from
    automakers like Ford, General Motors, and
    Hyundai/Kia saw expanding growth compared to the
    previous year.
  • Hybrid Vehicle Landscape Types, Technologies,
    and Applications
  • Hybrid vehicles combine internal combustion
    engines with electric propulsion systems. There
    are various types of hybrid vehicles, including
    plug-in hybrids, full hybrids, range extender
    hybrids, and mild hybrids, each offering
    different levels of electric assistance and fuel
    efficiency. The choice among these types depends
    on factors such as driving habits, environmental
    goals, and desired fuel savings.
  • Read on to explore the features of different
    hybrid vehicle types
  • Mild Hybrids Mild hybrids enhance the gasoline
    engines performance but cannot drive the vehicle
    solely on electric power. They utilize 48-volt
    systems to assist with acceleration and
    power-demanding features such as air
    conditioning. The batteries are recharged via the
    gasoline engine and regenerative braking. The
    prominent examples include General Motors
    eAssist, Fiat/Chryslers eTorque, and
    Mercedes-Benzs EQ Boost.
  • Full Hybrids Full hybrids have both a gasoline
    engine and a more powerful electric component
    that can drive the car independently at low
    speeds. They feature two main types of
    powertrains
  • Parallel Hybrids These powertrains are driven by
    the engine, the electric motor, or a combination
    of both.
  • Series Hybrids These powertrains feature wheels
    powered solely by the electric motor, with the
    gasoline engine serving as a generator.
  • Additionally, some hybrids combine these
    approaches, known as series-parallel hybrids.
    Full hybrids recharge through both the gasoline
    engine and regenerative braking.
  • Plug-In Hybrids Plug-in hybrids can charge their
    batteries both internally and via external
    chargers, providing greater electric-only ranges
    compared to full hybrids. They serve as a bridge
    between full hybrids and fully electric vehicles.
  • Electric Vehicles with Range Extender Hybrids
    While not true hybrids, these BEVs include a
    small gasoline engine to charge the battery or
    power the electric motor when the battery is
    depleted, extending their range and preventing
    drivers from being stranded.
  • What Benefits do Hybrids offer for the driving
    experience?
  • Transition Technology Hybrids act as a bridge
    between traditional internal combustion engines
    and fully electric vehicles. They provide a
    familiar driving experience while incorporating
    electric propulsion, which makes them less
    intimidating for consumers who are hesitant to
    switch to BEVs. Plug-in Hybrid Electric Vehicles
    (PHEVs) offer the best of both sphereselectric-on
    ly driving for short distances and a gasoline
    engine for longer trips, addressing concerns
    about battery range.
  • Infrastructure Compatibility The charging
    infrastructure for BEVs is growing but remains
    less widespread than that for traditional gas
    stations. Hybrids, which can be refueled at any
    gas station, provide a practical alternative,
    especially for those in areas with limited
    charging facilities. For urban dwellers,
    particularly those without

3
  • home charging options, PHEVs offer a convenient
    solution since they do not rely solely on
    electric charging stations.
  • Economic Considerations Hybrids typically have a
    lower upfront cost than BEVs. The advanced
    battery technology in BEVs drives up their price,
    while hybrids, particularly PHEVs, benefit from
    government incentives and tax breaks, making them
    a more budget-friendly choice.
  • Environmental Impact Although hybrids still use
    gasoline, their electric mode significantly
    reduces tailpipe emissions compared to
    conventional cars. This reduction helps improve
    air quality and combat climate change. Hybrids
    provide a gradual transition to green mobility,
    making them an eco-friendly choice for those not
    ready to switch to fully electric vehicles.
  • Moreover, government policy on electric vehicles
    contributes to making hybrids more accessible to
    consumers. Hybrids typically have lower fuel and
    maintenance costs, which appeals to
    budget-conscious buyers. Ford has recently asked
    its suppliers to reduce costs to keep vehicle
    prices down, potentially further enhancing the
    affordability of hybrids.
  • PHEVs Outpace BEVs in 2023 Electric Vehicle
    Market Growth
  • In 2023, Chinas New Energy Vehicle (NEV)
    industry experienced substantial growth in
    plug-in electric car registrations. The total
    number of new plug-in electric cars registered
    surpassed 8 million, solidifying Chinas leading
    position in the global EV market. Notably,
    plug-in hybrid electric vehicles (PHEVs)
    surpassed battery electric vehicles (BEVs) in
    both year-on-year growth and market share,
    highlighting the ongoing discussion of hybrid vs
    electric cars.
  • Approximately 2.75 million PHEVs were registered
    in 2023, reflecting their increasing popularity.
    PHEVs secured about 12 of the market share,
    marking a significant presence in the automotive
    sector. Their sales surged by an impressive 80
    year-on-year, indicating a strong consumer shift
    towards this technology. The introduction of new
    PHEV models featuring larger batteries, around 40
    kilowatt-hours, played a key role in enhancing
    their appeal and adoption.
  • Further, growth trends revealed a marked contrast
    between PHEV and BEV sales. Year-on- year, PHEV
    sales surged by approximately 80, whereas BEV
    sales grew by 31. The increased popularity of
    PHEVs is largely attributed to the launch of new
    models with larger batteries, enhancing their
    attractiveness to consumers.
  • In this regard, according to preliminary data
    from the European Automobile Manufacturers
  • Association (ACEA), PHEV sales increased by 12
    in February 2024, compared to
  • a 10.3 growth in BEV sales. Year-to-date, PHEV
    sales have risen by 17.9, while BEV sales have
    grown by 18.6. Despite this growth, BEVs
    maintain a 13.2 market share, unchanged
    year-on-year, whereas PHEVs have increased their
    share from 8 to 12.
  • Role of Hybrids in the Transition to an Electric
    Future
  • Hybrids are currently leading the automotive
    market, but they are paving the way for a fully
    electric future. Automakers are investing heavily
    in electric vehicle (EV) development, and
    governments worldwide are enacting regulations to
    boost EV adoption. In the US, the number of
    electric cars is steadily increasing, with
    projections indicating significant growth in the
    EV market over the next decade.

4
In essence, companies such as Toyota and Honda
are focusing on hybrid models to meet current
consumer needs and capture a broader audience.
However, as battery technology improves, charging
infrastructure expands, and EV prices become more
competitive, the growth rate of EVs is expected
to outpace that of hybrids. Hybrids play a
critical transitional role by introducing
consumers to electrified driving and preparing
the market for mass EV adoption. Moreover,
charging times have been a significant challenge
for EVs, but recent advancements are addressing
this issue. In May 2024, researchers led by an
Indian-origin scientist at the University of
Colorado Boulder unveiled a technology capable of
charging a dead laptop or phone in one minute and
an electric car in ten minutes. Therefore, this
breakthrough represents a significant advancement
in EV charging infrastructure, making it possible
to charge an electric vehicle as quickly and
conveniently as refueling with petrol or
diesel. How are Electric Vehicles Shaping Smart
Cities? The automotive industry is undergoing a
major shift towards more sustainable
transportation options, with hybrid vehicles and
electric vehicles (EVs) both playing pivotal
roles. Currently, hybrid vehicles are in high
demand due to their practicality, fuel
efficiency, and reduced environmental impact.
However, the long-term trajectory is leaning
towards EVs becoming the dominant force in urban
transportation. EVs, with their superior
environmental benefits, are bridging the gap
towards fully electric mobility while providing a
familiar driving experience. As smart cities
evolve and integrate advanced technologies, EVs
are set to become central to urban transportation
systems. Cities such as London, New York, Paris,
Amsterdam, and Singapore are already showcasing
the potential of EV integration through smart
grids, intelligent transportation systems, and
enhanced charging infrastructure. This trend is
further expected to accelerate with advancements
in EV battery technology and an increasing focus
on sustainable development. Looking forward, the
synergy between smart city initiatives and EV
technology is estimated to drive widespread
adoption, positioning EVs to surpass hybrids in
urban mobility. While hybrids will continue to
have a valuable role in the near term, the future
of transportation in smart cities is increasingly
oriented towards the environmental benefits of
fully electric vehicles. Technological
advancements in EVs are expected to drive this
shift, positioning them as the cornerstone of
urban mobility.
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