WHERE OPPORTUNITY WILL GROW IN THE CAR BIZ

Alternative Revenue Streams for Automakers; Plug-In Electric Vehicle Adoption and Sustainable Transportation: Vehicle-to-Grid, Vehicle-to-Building, Home Energy Management, Solar Energy, EV Charging, Carsharing, and Smart Parking Services

1Q 2014 (Navigant Research)

“Automotive manufacturers are making the first inroads into new markets not directly related to vehicle sales. They are selling home energy management (HEM) systems and residential PV units; offering carsharing services and smart parking applications; and developing the tools that will allow plug-in electric vehicle (PEV) drivers to participate in grid services programs…While Navigant Research believes that automotive original equipment manufacturers (OEMs) will participate in these markets to a growing degree, it is not as likely that they will be significant revenue generating opportunities in the near term. Navigant Research forecasts that global OEM revenue from new services related to PEVs and sustainable transportation will grow from $426.6 million in 2014 to $5.3 billion in 2023…” click here for more

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