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Navigant forecasts MHD vehicle market to nearly double by 2035 with declining share of conventional engines; gases win out over electricity

Green Car Congress

The number of medium- and heavy-duty vehicles (MHDVs) in use worldwide will nearly double between 2014 and 2035, according to a new forecast report by Navigant Research. Navigant projects that annual MHDV sales will grow throughout the forecast period at a compound annual growth rate (CAGR) of 2.4%. of the market in 2014 to 11.2%

Market 273
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Navigant forecasts plug-in and fuel cell vehicles to be 2.5% of all vehicles in use in 2035; global parc of >2B vehicles

Green Car Congress

The company forecasts that annual LDV sales will grow to 126.9 over the forecast period—i.e., Hybrid-electric and natural-gas (HEVs and NGVs) will account for almost 8% of global share, while plug-in hybrid (PHEV), battery-electric (BEV), and fuel-cell electric (FCV) together will add up to almost 2.5%

Plug-in 246
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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

Well-to-Propeller GHG emissions results for marine alternative fuels. DNV GL has released a position paper on the future alternative fuel mix for global shipping. The global merchant fleet currently consumes around 330 million tonnes of fuel annually, 80-85 per cent of which is residual fuel with high sulfur content.

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Navigant forecasts global annual sales of LDVs of 122.6M by 2035, up 38% from 2015

Green Car Congress

In a new report, Navigant Research forecasts global annual sales of light duty vehicles will reach 122.6 Navigant expects sales of conventional internal combustion engine (ICE) vehicles will fall significantly over the forecast period, experiencing a CAGR of -6.6%. Vehicles fueled exclusively by electricity will represent 1.3%

2015 150
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Navigant expects global share of electric buses to grow to nearly 33% by 2030

Green Car Congress

Navigant Research forecasts that e-buses will make up nearly one-third of all buses on the road worldwide by 2030. However, Navigant says, the adoption of electric buses (e-buses) will continue to rise as battery prices decline and a greater importance is placed on reducing greenhouse gas emissions and other pollutants.

Global 186
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UC Davis report finds LCFS compliance costs may rise rapidly; recommends offsetting measures

Green Car Congress

Because firms are able to bank credits over time, anticipated high costs in the future may lead to higher costs in the present before any constraints bind on the industry. Both proposals have the additional advantage of generating funds which may be used to increase investments in low CI fuel technologies.

Davis 261
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Pike forecasts sales of hybrid and plug-in medium and heavy duty trucks to nearly double in 2012

Green Car Congress

According to a new report from Pike Research, the worldwide market for hybrid, plug-in hybrid, and battery electric medium- (MD) and heavy-duty (HD) trucks will grow at 92% in 2012, with total sales surpassing 19,000. Going forward, Pike expects the market to experience a compound annual growth rate of 47.2%

Plug-in 257