Business Green reports Electric vehicle market poised to expand at "breakneck speed":
The electric vehicle market is expanding far beyond the electric car segment and is expected to grow at "breakneck" speed over the next decade, according to a new report from IDTechEx Research.
The analyst firm this month released a new study detailing Electric Vehicle Forecasts, Trends and Opportunities from 2016 to 2026. It concluded a $500bn market opportunity would be created by 2026 as electrification enters almost every part of the transport market.
"Batteries, supercapacitors, energy harvesting, wireless charging, power electronics and structural electronics are all evolving and breakthroughs are appearing more commonly in other vehicles such as boats and planes, before cars," IDTechEX said. "This is driving progress across the whole EV market and now many profitable niche markets are emerging just as there's been a shake-up in the leading sectors."
The report predicts the electric car market will continue to expand rapidly, but it also expects industrial and commercial electric vehicles to provide a larger and more profitable market for the next eight years.
For example, the market for hybrid and pure electric buses is expected to top $72bn by 2025 as a growing number of cities switch to zero emission bus fleets.
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TWEET OF THE YEAR
BLAST FROM THE PAST
At Daily Kos on this date in 2010—It's Not a New Decade. Yes, It Is! No, It Isn't!
The late Stephen J. Gould and the late Arthur C. Clarke got into a good-hearted dispute about whether the new millennium started January 1, 2000, or January 1, 2001. Gould even wrote a wonderful, tidbit-filled book called Questioning the Millennium: A Rationalist's Guide to a Precisely Arbitrary Countdown.
"Precisely arbitrary" captured it exactly right. But we can be counted upon to argue about when each decade and each century starts right up until the fourth millennium begins on January 1, 3000 3001 3000.
If it really matters to you—and if it does, you might try getting out more—you can dig as deeply as you want into this dispute. For instance, check out what Jan Zuidhoek has to say at Millennium Mistake. And there's also this.
At its root, the argument stems from the fact that the creators of the Western calendar were not Mayans or Hindus, peoples with both the concept and a symbol for zero. Hence, our calendar recognizes no year zero. Every decade begins not in the year ending in a 0, but ending in a 1, 2011, not 2010.
The only problem being, that in popular parlance, it doesn't make sense to call the decade of the '90s, 1991-2000. And how does 2011 fit into the decade of the '00s? [...]
When astronomers count, they do include a year zero, thanks to the work of Jacques Cassini in 1740. Many countries have legally adopted this approach to counting the decades and centuries. For astronomers, the new decade begins in 2010.
On “today’s” Kagro in the Morning show, our first vintage 2015 rerun! Greg Dworkin's headlines on guns, the NYPD funerals, the Gop 2016 field, polling, enviro regulation & the long, long view on the economy. Crazy science/spycraft news! New Years' GunFAIL. Armando on Chris Christie, superfan!