Growth Workshop

January 26, 2010

By Alleyn Harned | January 26, 2010 at 04:06 PM EST |

Frost & Sullivan led a workshop outlining their analysis of the potential market for electric vehicles and how we can identify new market opportunities for these alternate fuel vehicles. Carpooling, carsharing, and mobility service organizations are on the rise and the manner that drivers interact with 21 century environments is changing.

An agreement from the workshop was that utilities, OEMs, and battery/charger companies have a lot to gain from working together on our transportation solutions. The group also recognized that the interaction of charging information (like Volt’s OnStar integration) is another value add of electric vehicle technology. As a challenge and an opportunity, while batteries may represent a market challenge today, this cost based restriction eases with volume predicted as soon as 2012 and 2015.