Drivers in central London, UK will be able to charge electric and hybrid cars through lampposts as part of a unique pilot project in Westminster. (see photo above)  The idea comes from ubitricity which has developed charging points to fit inside ordinary streetlights. Additional lampposts are planned for Hounslow, Richmond, Kensington, Chelsea, and Barnes.

UK electric grid operator, National Grid, forecasts electric vehicles could create 18 gigawatts (GW) in extra demand in peak times by 2050. The Grid believes that recent developments suggest the EV market will grow much more rapidly than originally forecast. It sees 1 million EVs on UK roads by the early 1920s and 9 million by 2030.  By 2050 EVs could make up 90% of all UK new car sales. The 18 GW figure could be reduced significantly if the government mandates “smart chargers” in homes and public places. The Grid is coming out with this study now to ensure there is public debate over the future of EV growth and to ensure the grid is capable of easily handling any increase in demand at peak times.

Bloomberg New Energy Finance now forecasts by 2040, 54% of new car sales and 33% of the global car fleet will be electric. China, the United States and Europe will make up 60% of the global electric car market. The forecast rests on the belief  that battery costs are falling faster than expected and rising commitments from automakers. Last month, a report from the Edison Electric Institute projected a similar EV boom, predicting 7 million zero-emissions vehicles will be on US roads by 2025—up from 567,000 at the end of 2016. Bloomberg sees EV purchases taking off between 2025 and 2030 “as EVs become economical on an unsubsidized total cost of ownership basis across mass-market vehicle classes.” By 2029 most automobile segments will have reached price parity with comparable internal combustion engine vehicles.

Dutch bank ING predicts all new cars sold in Europe will be electric by 2035, driven by government support, falling battery costs and economies of scale. This forecast is much more aggressive than most other projections which think it will take another 30 years to reach this number of cars sold. ING believes pure electric cars would “become the rational choice for motorists in Europe” sometime between 2017 and 2024, as their prices fall, their ranges increase, and charging infrastructure becomes more widespread. The key will be falling battery costs. ING thinks in Germany electric cars and petrol powered cars will reach price parity by 2024. Motorists’ concerns over “range anxiety” will evaporate in the 2020s as the distance between charges goes from the 100-150 miles  today to 400 miles and above in the next decade.

Nissan expects 20% of its vehicle sales in Europe will be electric by 2020. Currently Nissan’s EV sales account for 5% of its European sales. In order to reach its 20% goal, the company would have to increase its EV sales to 150,000  per year.

 

 

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