New vehicle EV sales to increase from 7% of total shipments to 19% by 2027; better range, DC fast charging support, higher charging power make EVs more appealing but obstacles include lack of range, subpar charging experiences, high prices: ABI Research

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NEW YORK, New York , January 27, 2022 (press release) –


According to ABI Research, a global technology intelligence firm, Electric Vehicle (EV) sales will move from 7% of total new vehicle shipments in 2021 to 19% in 2027. Improved battery range, support for DC fast charging, and higher charging power are OEM embedded innovations that have made EV ownership more appealing. However, in-vehicle and charging user experience improvements are still required to bring EVs to the mainstream.

"While OEMs have made significant improvements in EV technology, there are still important obstacles that OEMs and the EV ecosystem must overcome to drive mass adoption. From a customer perspective, the lack of accurate range and charging information and a below-par public charging experience are the main obstacles preventing adoption by typical automotive buyers. Additionally, carmakers are still struggling to reduce production costs and, consequently, EV prices. As a result, EV ownership is still concentrated around wealthier tech-savvy early adoptions," explains Maite Bezerra, Smart Mobility and Automotive Research Analyst at ABI Research.

As EV battery range improves and public charging infrastructure expands – 7.1 million charging points will be available globally in 2025 up from 1.6 million in 2021 – focus is shifting to improve the EV ownership experience to drive loyalty in existing drivers and build trust in electrification to prospective EV buyers. This includes receiving accurate real-time information about the battery range and charging information through the in-vehicle infotainment system and companion app interfaces, which is not widely available today. To that end, carmakers and navigation software developers (e.g., HERE, TomTom, ChargeTrip) must partner with charge point operators (CPOs) and e-mobility service providers (eMSPs)  to bring EV routing, charge point information, and even payment in-vehicle via a connected strategy. In 2025, 72% of EVs sold will have embedded connectivity.

Pricewise, carmakers can significantly reduce production costs by implementing (electrical/electronic) E/E architectures optimized for EVs, such as centralized and zonal architecture. Additional electronic components, such as Battery Management Systems (BMS) offered by companies such as NXP, can also improve the efficiency of existing batteries while providing more accurate range estimation. Furthermore, new business models that separate vehicle and battery (e.g., NIO's Battery-as-a-Service (BaaS)), can lower the price entry point and make EVs more price competitive.

"Besides vehicle-specific measures, wider EV adoption will require utility companies to radically change last-mile energy distribution to accommodate the increased demand and consumption without expensive network investments. That can be achieved by using input from energy management platforms offered by eMSPs (e.g., Virta, Blink, ChargePoint) for better planning and distributed energy resources (DERs), including EV batteries via bi-directional charging (V2G) for efficient energy allocation and storage. The recent agreement between Nuvve and New Hampshire Electric Cooperative (NHEC) demonstrates that utility companies are starting to place value in V2G solutions," Bezerra concludes.

These findings are from ABI Research's Bringing Electric Vehicles into the Mainstream application analysis report. This report is part of the company's Smart Mobility and Automotive research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific technology.

About ABI Research

ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.

ABI Research提供开创性的研究和战略指导,帮助客户了解日新月异的技术。 自1990年以来,我们已与全球数百个领先的技术品牌,尖端公司,具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit

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