Advanced Energy Perspectives

Despite Pandemic Slump, EV Growth Means More Charging Stations Are Needed. The U.S. Would Gain by Investing in Them Now.

Posted by Claire Alford and Matt Stanberry

May 21, 2020 12:00:35 PM

EV infrastructure Jobs blog post final

Automakers are particularly vulnerable to economic downturns; just think back to the 2008-2009 financial crisis. So it should come as no surprise that EV sales, along with all others, are expected to drop in the coming year due to the global COVID-19 pandemic. But in the long term, nothing has changed. Manufacturers are gearing up their EV offerings, EVs continue to grow their worldwide market share, and gas-powered vehicles have hit their peak. What’s next, especially in the United States, is for the charging station build-out to match the coming demand – and realize the job gains and global competitive advantage that could come from a federal charging-station investment.

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Topics: Federal Policy Update, Advanced Transportation

Florida Legislature Sets the Stage for a Sunny EV Market

Posted by Gloria Li and Dylan Reed

Apr 8, 2020 10:18:05 AM

Florida EV charging-730

Florida historically has been a difficult state for the advanced energy industry, despite the great potential for these resources there. Over the past five years, the biggest win for the advanced energy industry was passage of property tax exemption for solar energy in 2017. Other policy ideas to boost solar, storage, energy efficiency, and electric vehicles have been proposed infrequently and passed even more rarely. But as the legislature adjourned March 19, it showed that Florida is ready to move forward on advanced energy – starting with electric vehicles (EVs). Approved by the legislature and now ready for the Governor’s signature is a bill to put Florida in a position to encourage statewide investment in EV charging infrastructure.

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Topics: State Policy Update, Advanced Transportation, Highlights

In Florida, Legislators Hear about Jobs, Savings, and EVs from AEE and Member Companies

Posted by Gloria Li

Nov 6, 2019 11:30:00 AM

FL fly-in cropped-730From left to right: Josh Cohen (Greenlots), Dylan Reed (AEE), Gloria Li (AEE), Andrew Apgar (Schneider Electric), Adam Mohabbat (EVgo), Eric McCarthy (Proterra)

With January right around the corner, many states are gearing up for the 2020 legislative session by filing bills and holding preliminary hearings. As a state with major opportunity for advanced energy, Florida is a place where AEE has been actively engaged in preparation for next year. On October 23,  AEE and our member companies flew to Tallahassee to present to the House Energy and Utilities Subcommittee and meet with legislators to discuss the trends and opportunities of advanced energy, specifically in electric vehicles, solar, and energy efficiency. Our message was clear: Advanced energy offers many benefits to Florida, including increased consumer choice and economic opportunity through job creation.

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Topics: State Policy Update, Advanced Transportation, Advanced Energy Employment

EVs Go Big as Fleet Owners, Transit Authorities, Local Governments Eye the Benefits of Electric Buses and Trucks

Posted by Claire Alford

Aug 6, 2019 3:00:00 PM

MD-HDV Image-730

In 2018, the advanced transportation sector saw both the largest increase and the fastest growth (34%) in the U.S advanced energy market. Leading this growth was revenue from plug-in Electric Vehicles (EVs), mainly comprised of the light-duty market. Just as important is the burgeoning market of medium- and heavy-duty vehicles (MD/HDVs), which include the likes of school buses, city transit buses, delivery trucks, and garbage trucks. Medium- and heavy-duty EV adoption is expected to increase globally, reaching over 5 million vehicles on the road by 2030. Some analysts predict that half of the world’s municipal bus fleet will be electric by 2025. Get ready for EVs to go big!

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Topics: Advanced Transportation

ADVANCED TRANSPORTATION: U.S. Revenue from Plug-In Electric Vehicles Surges 75% in 2018

Posted by Bob Keough

Jun 25, 2019 11:30:00 AM

Market Report Series - PEVs-730

This is one in a series of excerpts from the Advanced Energy Now 2019 Market Report, prepared for AEE by Navigant Research.

Advanced Transportation was the largest advanced energy segment worldwide in 2018 for the second year in a row, with an estimated $494.8 billion in revenue, up 2% from 2017 and 8% the year before. Since 2011, the Compound Annual Growth Rate (CAGR) of Advanced Transportation globally was 6%. At the end of 2018, over 5 million plug-in electric vehicles (PEVs) were on the roads worldwide. PEV sales are poised to enter a period of strong growth, driven by lower battery prices, maturing plug-in hybrid and all-electric powertrain systems, and a proliferation of new models. By the end of 2027, Navigant Research expects there to be 10 times as many PEVs on the road. In the United States, PEV sales are surging as well, with overall Advanced Transportation revenue growing 34% year over year and accounting for nearly one-third of U.S. advanced energy revenue growth in 2018. Since 2011, U.S. Advanced Transportation revenue has grown at a compound annual rate of 15%.

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Topics: Advanced Energy Now Market Report, Advanced Transportation

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Advanced Energy Perspectives is AEE's blog presenting news, analysis, and commentary on creating an advanced energy economy. Join the conversation!

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