The proverbial velvet rope may do wonders for trendy nightclubs, but it's apparently hurting the plug-in vehicle industry. While the lack of available public charging stations is largely viewed as a hurdle to broader EV adoption, research firm Frost & Sullivan says membership-based payment systems a big hindrance.
Add UK-based Frost & Sullivan as the latest research firm to forecast a big jump in lithium-ion battery sales, implying that a jump in plug-in vehicle sales is in the making.
Guess cleaner vehicles are just what the consumer ordered. Consulting firm Frost & Sullivan says consumer awareness of sustainable mobility has prompted automakers to develop low-emission vehicles and – quite optimistically – claims that one out of every two vehicles sold in Europe in 2015 will emit less than 120 grams of CO2 per kilometer.
With the 2025 CAFE target set at 54.5 miles per gallon, the race to develop fuel-efficient vehicles is on. According to Frost & Sullivan, this race to 54.5 will necessitate a healthy dose of lightweight automotive components.