Managing Emerging Technologies
Global usage of fossil-fuel based energy consumption is unsustainable —due to limited supply, increased global demand, and the negative environmental effect of greenhouse gases (GHGs). To manage this situation the major economies of the world are considering other sources of energy and requiring suppliers to utilize new technologies to effect change and widespread deployment. As part of this global trend, all types of vehicles are being redesigned for countries to run on electricity as a plug-in or hybrid-with-reduced-fuel-usage. The International Energy Agency recently published the “Technology Roadmap: Electric and Plug-in Hybrid Vehicles” which describes the trends for electric vehicles up to 2050 (IEA, 2011). This roadmap is based on a vision that these electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs) will represent 50% of annual light duty vehicles (LDVs) by 2050 (Figure 1).
Sheikh, Nasir, "Solid State Batteries" (2011). Engineering and Technology Management Student Projects. 662.