Market Definition by Product
Electric Vehicles (EV)
An EV, in this report, consist of two types of vehicles: a
battery electric vehicle and a plug-in hybrid electric vehicle.
Hybrid Electric Vehicles (HEV)
In essence, an HEV is an electric vehicle that uses an onboard
internal combustion engine linked to a motor/generator to drive the vehicle
and/or recharge the batteries. There are several different types of
hybrid-electric vehicles; some utilize gasoline and diesel engines, alternative
fuels engines, gas turbines or fuel cells in conjunction with batteries.
Electric Vehicle Supply Equipment (EVSE)
EVSE is a term used to describe EV chargers. This report
deals specifically with level two and three chargers. Level one chargers
will not be included in our analysis.
Level Two Chargers
Unless otherwise specified, the level two charger market consists
of both residential
and commercial chargers. Level two is a high-powered
charging, which is 240 volts, 40 amps in the United States.
Level Three Chargers
Level three or DC fast chargers, charge at 480 volts, 400 amps with
three-phase power. DC fast chargers in the market range from 30 KW to 250 KW.
Definitions
EVs mentioned in this study are primarily focused on passenger
cars. Since EVs are not readily available in the market and most of the EVs planned
to launch are of the passenger car market, this study will aim at analyzing the
trends of EVs through the passenger car segment.
Revenues and Units Defined
Revenues mentioned in this study refers to standard U.S. Dollars.
Costs incurred in other services, such as
installation, revenue streams from use of the chargers themselves, and/or maintenance of the chargers, are not included.
Geographic Region Defined
Geographic regions covered by the e-mobility industry in North
America include both the USA and Canada.