Electric vehicle (EV) manufacturers and dealers will be pleased with the rising trend towards de-urbanization polarization of vehicle sizes. By 2020, the emergence of mega super cities in developing economies will affect personal mobility, driving the demand for EVs.
New analysis from Frost & Sullivan, 360 Degree Perspective of the Global Electric Vehicle Market – 2010 Edition, examines the following markets: neighborhood EVs (NEVs), city EVs (CEVs), extended-range EVs (eREVs) and high-performance EVs (HPEVs).
“Most offices that are expected to move to the first-belt suburbs and city centers will encompass the shopping areas (small-scale deliveries) and living areas for ‘double/single income, no kids’ households,” said Frost & Sullivan’s automotive and transportation group team leader, Anjan Hemanth Kumar. “In mega cities, offices and homes are likely to be adjacent to each other, creating a favorable environment for EV deployment.”
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