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Volvo breaks up with Polestar and sees its stock soar

Baua Electric

Volvo bought the company in 2015, and then launched it as a separate EV-centric startup in 2017. China’s Geely, which is the parent of both brands, is preparing to help Polestar out by redistributing shares, saying that it will fully support Polestar as an independent brand. billion, Bloomberg cites. Get started here.

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ExxonMobil predicts peak in light-duty vehicle liquid fuels ~2030, but ongoing role for oil in the mix

Green Car Congress

As personal mobility increases, average new-car fuel economy (including SUVs and light trucks) will improve as well, rising from about 30 miles per gallon (7.83 Our in-depth analysis shows that even if every light-duty vehicle in the world was fully electric by 2040, the demand for liquids could still be similar to levels seen in 2013.

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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030.

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Global auto production may hit 80+ million units this year; hybrids below 2% of total output

Green Car Congress

China, for instance, wants to put 5 million plug-in hybrid-electric and fully electric vehicles on its roads by 2020, which could account for more than 40% of the global EV fleet that year. E.g., the 2025 CAFE/GHG limits in the US would be similar to what Japan already requires for 2015. million EVs and a fleet of 3.5

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From EV Range Anxiety to Range Confidence

Blink Charging

The term “range anxiety” was a common association for early electric vehicle users, who were troubled by the fear of their battery electric vehicles (BEVs, also known as fully-electric vehicles) running out of battery power and the potential of being stranded on the roadside.

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We Need More Than Just Electric Vehicles

Cars That Think

passenger-vehicle fleet over the period between 2015 and 2050. Even so, working within that budget would require a 30 percent reduction in the projected cumulative emissions from 2015 to 2050 and a 70 percent reduction in annual emissions in 2050, compared with the business-as-usual emissions expected in a world without EVs.