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ABI Research: 16B ride-hailing trips completed globally in 2017, 24B expected in 2018; 70% in Asia

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A recent mobility study by ABI Research on regional ride-hailing markets found that 16 billion ride-hailing trips were completed worldwide in 2017. This has spurred the growth of dynamic ride-hailing services, where the average cost of a trip can be as low as US$0.10 ABI forecasts that 24 billion completed trips by the end of 2018.

Asia 199
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Global Bioenergies successfully moves its C3 process to demo scale; isopropanol and acetone from renewable resources

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Global Bioenergies has reached a new milestone in scaling up its C3 process converting renewable resources into isopropanol and acetone. A first pilot run was successfully conducted in December 2017. The C3 process is now the second pillar upon which value is being created at Global Bioenergies, after the Isobutene process.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4 trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4 The latest BP Annual Energy Outlook found that in 2017, renewables grew strongly in 2017, with wind and solar leading the way.

Wind 220
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Pike Research forecasts global hybrid medium- and heavy-duty truck sales to surpass 100,000 vehicles annually by 2017; about 2.1% of total MD/HD sales

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MD/HD HEV Truck Sales as percentage of ICE trucks, World Markets: 2011 and, 2017. The global truck market is about 3.7 million by 2017. The global truck market is about 3.7 million by 2017. between 2011 and 2017 to reach 100,746 trucks, or about 2.1% of global sales. of global sales.

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GM to cease manufacturing in Australia by 2017

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The company will discontinue vehicle and engine manufacturing and significantly reduce its engineering operations in Australia by the end of 2017. Holden will continue to have a presence in Australia beyond 2017, consisting of a national sales company, a national parts distribution center and a global design studio.

Australia 199
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Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

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According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. billion by 2017, the market intelligence firm forecasts. Earlier post.).

Li-ion 324
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IRENA report says tripling renewables investment required to reach 2050 climate goal

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Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Global landscape of renewable energy finance in 2017-2018. C objective by mid-century.

Climate 349