Quantifying the 48-Volt Opportunity in Low-Voltage Electrification

As automakers and their suppliers strive to make vehicles that meet stricter fuel emissions and efficiency standards, the internal combustion engine is running out of cost-effective ways of reducing fuel consumption. Low-voltage hybrids, such as 12 V and 48 V architectures, are promising technologies that can help achieve most emissions targets while costing a fraction of full hybrid systems. This report finds that annual sales for 48 V hybrids will exceed 50 million by 2030, resulting in 38 GWh of Li-ion battery demand.