Remove 2018 Remove China Remove Global Remove Sale
article thumbnail

BloombergNEF expects 40% growth in global EV sales in 2019; 2.6M vehicles, 1.5M in China

Green Car Congress

million electric vehicles to be sold globally in 2019. This will represent around a 40% growth rate, down from the 70% growth rate in 2018. BNEF said that it expects China will continue to lead, with some 1.5 million units—around 57% of the global market. BloombergNEF (BNEF) expects 2.6

2019 392
article thumbnail

BloombergNEF: electrics to take 57% of global passenger car sales, 81% of municipal bus sales by 2040

Green Car Congress

BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. —Colin McKerracher, head of advanced transport for BNEF.

Sale 341
article thumbnail

GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

Green Car Congress

Global EV sales reached 7.7 million units in 2018, and are anticipated to reach 51.6 The sales of battery electric passenger cars are expected to reach 44 million units by 2035 from 7.3 The sales of battery electric commercial vehicles were 0.4 of the sales, followed by Europe with 19% and the Americas with 10%.

Global 195
article thumbnail

Global debut of Buick Enspire electric concept SUV in China; GM China sales up 2% in February, Buick up 4%

Green Car Congress

GM’s Buick brand will stage the global debut of the Enspire, its new all-electric concept SUV, at Buick Brand Night on 17 April in Wuzhen, Zhejiang. It will also be on display to the public at Auto China 2018 in Beijing, which begins later this month. GM China sales in February. Baojun sales totaled 76,980 units.

Buick 207
article thumbnail

Adamas Intelligence forecasts global passenger EV market to deploy 762.9 GWh onto roads in 2023; December rule of thumb

Green Car Congress

GWh of battery capacity will be deployed onto roads in newly passenger EVs globally (+/- 12%). million passenger EVs (HEVs, PHEVs, BEVs) will be sold globally (+/- 10%) in 2023, translating to a sales-weighted average pack capacity of 38.7 GWh deployed onto roads globally. Additionally, Adamas projects that 19.7

Global 195
article thumbnail

Global warming emissions hit record level in 2018, IEA reports

Green Car Reports

The International Energy Agency reported on Tuesday that global warming emissions reached a record level in 2018, despite efforts in the U.S., Europe, and China to reduce emissions with more sales of electric cars and cleaner power. Greenhouse gas emissions increased faster in 2018 than during any of the past six years.

2018 167
article thumbnail

CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

Green Car Congress

Lithium carbonate prices in China dropped between January and August 2019 by nearly 20% since the beginning of 2019 to RMB 65,000/t, equivalent to $9.25/kg China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products.

Price 243