Nearly 8 Million Extended Range Electric Vehicles Will be Built in 2023, Study Says

4 years ago by Eric Loveday 14

A Chevrolet Volt Taps The Grid For A Little Juice...But It's Range Extender Makes Recharging  a Low Priority

A Chevrolet Volt Taps The Grid For A Little Juice…But It’s Range Extender Makes Recharging a Low Priority

Ready for the latest future prediction related to electric vehicles?

BMW i3 Will Come With Optional Range Extender

BMW i3 Will Come With Optional Range Extender

Okay, here goes.

Pure electric vehicles are seen as a perfect fit for tightly packed cities around the world.  Most of these electrics are compacts or subcompacts.  It seems the trend will continue to be that the pure electric setup is ideal for smaller automobiles, while the hybrid, plug-in hybrid or extended-range will be mainly reserved for larger vehicles.

Sure, there are some exclusions to both rules (the BMW i3 with the optional range extender and Tesla Model S are two prime examples of vehicles that defy the conventions laid out above), but in general, it seems that larger vehicles are more suitable for the EREV setup.

That’s what the latest report from Market Research says.  No problem there though.  According to Market Research, the vast majority of automobiles fit into this “larger” category.  And since EREVs dominate the  “larger” class, then expect to see significant growth in the production of range-extended electrics.

In fact, Market Research says that 8 million EREVs will be built in 2023.  That’s not a cumulative figure.  It’s an annual production number for 2023 alone.

Most likely, those 8 million EREVs will feature state-of-the-art range extenders, which bare no resemblance to the motorcycle engines or outdated 4 cylinders used in some of today’s EREVs.

Market Research says the the “second-generation” EREVs will be revolutionary, with some not even resembling engines/generators as we know them today.  Only ten year’s left to wait.

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14 responses to "Nearly 8 Million Extended Range Electric Vehicles Will be Built in 2023, Study Says"

  1. David Murray says:

    Call me skeptical.. but that’s only 10 years away. I really don’t see that many EREV vehicles being sold in a single year for quite a long time. if ever.

    1. Josh says:

      The EREV seems poised to eat into the sales of standard hybrid models in the near term. And likewise, cheaper batteries and charging infrastructure could make the BEV a better option than EREVs before it hits the 8 million per year volume. Only time can tell.

      1. Ocean Railroader says:

        I think from this point on the Prius is obsolete once the Chevy Volt and the BMW electric car with back up gas motor hit the road along with the Tesla with it’s giant 250 mile EV range. For the near term over the next few years the regular hybrid gas cars will be under the most threat from the EV’s taking over the saving gas and pollution.

  2. Darius says:

    I remember 2007 no single EREV on the road and Jay Cole’s father not even willing talking about them. I remember all that GM bancrupcy and our wories that would stop Volt’s program. I remember Rick Wagoner drive to Washington on preprpduction Volt asking for bailout and Bob Lutz’s pink tie. We witnessed all those events and birth of 8 milion veahicle technology. Hard to believe.

  3. Assaf says:

    It’s pretty amazing how the conventional wisdom keeps playing up the impact of range anxiety upon buyers.

    Right now, BEVs across the board are outperforming sales expectations. Demand exceeds supply on the Tesla S, the Leaf, the Fit EV, The 500e.
    Conversely, Volt’s capacity is not matched by demand, and plug-in-Prius sales are similarly volatile.

    I wonder at what point all those analysts will stop forcing their assumptions upon reality, and instead observe reality as it is and offer relevant explanations for it.

    Here’s my explanation: the subset of consumers who are willing to consider a plug-in vehicle are far enough along mentally speaking, so as to be beyond the irrational range anxiety that underlies the assumption about most people preferring PHEVs to BEVs.

    Rather, we look at each car, what it can do and its environmental footprint – vs. the price. Right now and for the next 1-2 years, BEVs offer a far better deal to most people in this subset. Some of the reasons are hinted for in that report (current PHEVs are largely kludges while BEVs are a de-novo design that makes more sense). Another big reason is price; it’s cheaper to get a BEV even while leaving an ancient gas car on the side for road trips – than to get a 2-in-1 PHEV that will do both things.

    Regardless, in direct contrast to conventional wisdom, the fact remains that it’s the PHEVs who are playing catch-up in the market, while BEVs fuel the exponential rise in overall sales. And EREVs are not around yet on the mass market – by the time they show up, BEVs will have been on roads en masse for several years.

  4. David Murray says:

    As an owner of a Leaf and a Volt, I plan to trade the Leaf in on a second Volt when the lease is up next year. But it has absolutely nothing to do with range anxiety or long-distance travel. I simply like the appearance of the Volt as well as the interior build quality and the sporty ride. I wish there were a sporty, decent looking all-electric in the sub $40,000 price range. Fortunately for me, the Volt will be essentially an all-electric ride because I will rarely exceed the 38 mile range.

    1. Assaf says:

      Then you’ve got even better news coming, because the 2014 Volt has a 41 mile range (at least according to a story that appeared here).

      However, if it’s sporty you’re looking for you might still consider the BEVs Spark, 500e and Fit. All cheaper than the Volt on a lease basis, and (I presume) they accelerate much faster. And 4-seaters just like the Volt. By next year they should be available nationwide.

      1. Kent says:

        The Spark is faster, the FIT is not. I’ve driven both. Don’t know about the 500e.

    2. ProofReader says:

      “I wish there were a sporty, decent looking all-electric in the sub $40,000 price range.”

      You’ve just described the Ford Focus EV.

  5. Ocean Railroader says:

    I really think something like this really depends on several factors such as the cost of batteries and the over all cost of the cars. But several other factors are what would gas prices be around this time such as would they be $10.00 with weekly or monthly storage of gas in some areas. In that I think it would take some type of giant break though or oil disaster to make this happen.

    I really think by this time we might have a two to three million of them being built or on the roads in that it’s going to take in till the 2035 or 2040 for something like this to happen.

  6. Mark H says:

    In ten years the 2nd gen range extender will be unrecognizable by today’s standard. It will be treated like an accessory such as your your stereo upgrade or trim package. As lousy as the engine choice as an extender is/was in the Volt it is still quite remarkable that engineering got it as close to right in concept as they did right out of the gate. Yeah, its a 4 seater, and the Tesla roadster only seats 2…..

    Hybrids will be alive and well in 2023 and I still commend them for cutting their gas usage in half. I commend BEVs even more for going all the way. New battery tech, and yes new extenders will all be part of changing the way we drive.

  7. Tom says:

    The generators will look nothing like current ones. There’s really no need for all the belts and crankshaft, generators can be run directly off the piston rod with up and down motion. A smaller generator could then be located in the rear of the car under the cargo storage area. Smaller more efficient batteries would lend even more space for occupants. Expanded super charger networks along with navigation apps will eliminate any remainng range anxiety.

    The automobile will use far less oil in the near future, but we are moving far past peak oil now and hardly any effort has been placed into reducing oil utilized for food production, chemicals, consumer products and packaging. If these areas are not addressed consumers will feel a pinch as food and consumer products inflate quickly over the next twenty years.

  8. Patrick says:

    the EREV will be the power train because there is a prototype Chevy Tahoe and suburban that gets 100MPG with a range of 40 miles on e mode

  9. Dan Frederiksen says:

    A ‘study’ is a random person’s opinion. And worth as much