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National Press Release

Frost & Sullivan to Host Free Briefing on the Passenger Electric Vehicle Market

Published 2009-01-28 17:26
By Frost & Sullivan

MOUNTAIN VIEW, Calif., Jan. 28 /PRNewswire/ -- The Automotive & Transportation practice at Frost & Sullivan is pleased to announce its 2009 Quarterly Analyst Briefing Presentation on the electric vehicle market to be held on Thursday, January 29, 2009 at 10:00 a.m. PST.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

The global economic downturn, volatile fuel prices and the rising levels of green house emissions have created dynamics that favor hybrid and electric vehicles. The automotive industry is accelerating plans to roll out hybrid and electric vehicles as a result of President Obama's interest in jump-starting the U.S. economy by investing in government infrastructure and strategically positioning green technologies. Electric vehicles have the ability to create opportunities for utilities, suppliers and financial businesses, as efforts are made to create one-stop shops for vehicles and energy. EVs are predicted to emerge as mainstream personal mobility solutions in the near future.

However, development of a battery charging and swapping infrastructure along with high battery costs could impede the initial adoption of electric vehicles. This presentation will discuss innovative business models and key infrastructure development trends that address the challenges of electric vehicle adoption. Highlights of the briefing include: market measurements, business models, charging infrastructure, business strategies and opportunities.

"Companies have been chalking out innovative business models and related businesses are developing electric charging stations in many countries," states Frost & Sullivan Consultant Benny Daniel. "As a result of leasing trials conducted, OEMs see battery leasing as a potentially effective options to bring down the cost of EV ownership. "

To participate in this discussion, please email Stephanie Ochoa - Corporate Communications at stephanie.ochoa@frost.com with the following information: your full name, title, company name, telephone number, email address, city, state, and country. Upon receipt of the above information, a registration link will be emailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

    Contact:

    Stephanie Ochoa
    Corporate Communications - North America
    P: 210.247.2421
    F: 210.348.1003
    E: stephanie.ochoa@frost.com
    http://www.frost.com

SOURCE Frost & Sullivan



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