Electric Vehicles (Emerging Industry Overview)

This paper provides an overview of the electric vehicle industry, primarily in the United States. The paper gives a snapshot summary of the emerging industry in the US, with additional sections on its development, organisation and structure, current conditions and leading companies.

Emerging Industry Overview: Electric Vehicles

Industry Snapshot

Electricity can be used to power a wide range of vehicles, including automobiles, vans, pickup trucks, motorcycles, buses, forklifts, and scooters. According to the Energy Information Administration (EIA), the official U.S. government provider of energy statistics, electric vehicles, sometimes referred to as EVs, fall into one of three power source categories: batteries, hybrids, and fuel cells. An EIA report released in April of 2010 indicated that there were approximately 1.5 million alternative fuel and hybrid vehicles on the road in 2008, of which approximately 2,800 were electric vehicles.

As the EIA explains, "A...

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