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IEA: Electric vehicles posted strong gains in 2016; 2M now in global parc

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With more than 750,000 units sold over the year, the number of electric vehicles in the global parc—primarily Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs)—surpassed 2 million units in 2016, following a year of strong growth in 2015, according to the International Energy Agency’s Global EV Outlook 2017.

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IHS Markit: average age of cars and light trucks in US rises again in 2019 to 11.8 years

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The average age of light vehicles in operation (VIO) in the US has risen again this year to 11.8 From 2002-2007, the average age of light vehicles in the US increased by 3.5%. —Mark Seng, director, global automotive aftermarket practice at IHS Markit. growth in 2016. In the West, light vehicles increased 1.5%

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Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016

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million units annually by 2016. million unit global NGV market which we forecast will expand at a compound annual growth rate (CAGR) of 7.9% million vehicles by 2016. Natural gas refueling station development is not expected to achieve the same growth rate, but will reach nearly 26,000 stations worldwide by 2016.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. million, an increase of 2.4% North America.

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IHS Markit: average age of light cars and trucks in US rises again in 2016 to 11.6 years; record number in operation

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The average age of light vehicles in operation (VIO) in the US has once again climbed slightly this year, to 11.6 years, according to IHS Markit, a provider of business information and analysis for the global automotive industry. —Mark Seng, director, global automotive aftermarket practice at IHS Markit.

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

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ExxonMobil’s newly released Outlook for Energy: A View to 2040 anticipates that global energy needs will rise about 25% over the period to 2040, led by non-OECD countries. The Outlook projects that global transportation-related energy demand will increase by close to 30% by 2040. l/100 km) now to close to 50 miles per gallon (4.7

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BMW Group sourcing aluminum produced using solar energy from EGA

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Generating the electricity needed to produce primary aluminum, i.e. aluminum obtained directly from the mineral compound alumina, is alone responsible for about 60% of the global aluminum industry’s greenhouse gas emissions. The BMW Group already has a long-standing supply relationship for primary aluminum with Emirates Global Aluminum (EGA).

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