Electrification is global, and electrification is everywhere in mobility. A decade ago, IDTechEx's 2011 report 'bullishly' predicted 1.5 million battery electric car sales by 2021, an underestimate by over half. What's more, the sheer volumes of the auto market are grinding down costs, accelerating technology innovation and ultimately enabling electrification in virtually every mobility sector. On the waterways, electric ferry deliveries have boomed because of falling battery costs, improved energy densities and thermal management innovations. Similar drivers are pushing forward investment into electric air-taxis, with American Airlines, Virgin Atlantic, United Airlines, UPS, and Avolon, having all placed pre-orders. Electrification is not so much unstoppable as inevitable and will continue to act as the default solution for mobility sectors decarbonising this century.
Contact our Future Mobility team at research@IDTechEx.com for more detail on the electric vehicle industry, and how a subscription can provide the information needed to solve problems and create opportunities.
A Future Mobility Research Subscription includes access to all of IDTechEx's Electric Vehicles data and analysis on topics including: