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Market share of plug-in vehicles in China has more than quadrupled from 2015 to 2019

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From 2015 to 2019, the market share of plug-in vehicles in China more than quadrupled, reaching 5.1% In the US, plug-in vehicle market share in the United States rose from 0.7% In the US, plug-in vehicle market share in the United States rose from 0.7% in 2019, according to figures presented by the US DOE.

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Nornickel presents market review of nickel and platinum group metals

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Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

Market 304
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IDTechEX: solid-state battery market will grow to $8B by 2031

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. Under most of the mass-production plans, the solid-state battery will likely take off after 2025, although small-scale production may happen even earlier, IDTechEX said.

Market 418
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S&P Global Commodity Insights raises 10-year production outlook for Canadian oil sands

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Higher crude prices and continued optimization improvements have driven the first upward revision to the S&P Global Commodity Insights 10-year oil sands production outlook in more than half a decade. The new forecast, produced by the S&P Global Commodity Insights Oil Sands Dialogue , expects Canadian oil sands production to reach 3.7

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Pike Research forecasts automotive Li-ion battery market to grow to almost $22B in 2020; China to become global leader in production by 2015

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Total lithium-ion transportation battery revenue by region, world markets: 2012-2020. In a new report , Pike Research forecasts that the overall market for Li-ion batteries in light duty transportation will grow from $1.6 Source: Pike Research. Click to enlarge. billion in 2012 to almost $22 billion in 2020.

Li-ion 323
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Toyota starts CVT production in China; production of hybrid vehicle transaxles to begin in 2015

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Toyota Motor Corporation’s (TMC’s) vehicle powertrain production subsidiary in Changshu, China, Toyota Motor (Changshu) Auto Parts Co., TMCAP), has begun localized production of continuously variable transmissions (CVTs), which is a first for Toyota outside Japan. CVT cross-section. Click to enlarge. TMCAP CVT assembly line.

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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

Oil 305