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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

Green Car Congress

According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% The company projects that China will lead the global EV market with more than 50% share and grow three times as fast as the US over the next five years. of global sales, followed by Germany (4.8%) and the UK (4.1%). In 2017, 1.1

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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. of all global fuel for road transportation—an increase from 2% in 2009, according to the report. Source: Worldwatch Institute. Click to enlarge.

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Soros signals Argentina’s shale is biggest place to be; doubles stake in YPF SA

Green Car Congress

One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize—and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas. Earlier post.].

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

Green Car Congress

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 in 2014 as a result of industrial overcapacity and weakness in the real estate sector. North America continues to be an impetus to global light vehicle demand levels. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015.

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The Next Big Offshore Boom Is About To Happen in Brazil

Green Car Congress

The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil. This should be indication enough that Brazil’s deposits hold enough appeal for an industry that has suffered a worrying shortage of new discoveries in the last few years.

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USDA Long-Term Projections See Ongoing But Slower Growth in Corn Use for Ethanol

Green Car Congress

While expansion in the ethanol industry will continue over the next ten years, there will be slower growth for corn-based ethanol, largely reflecting moderate growth in overall gasoline consumption in the United States, according to the US Department of Agriculture’s (USDA) Long-Term Agricultural Projections released on 12 Feb. Source: USDA.

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The Dirty Truth of Petrol & Diesel Vehicles

Plug In India

Lithium is a metal that is mined in the deserts of Australia, China, Argentina, and Chile. Support taxing of fossil fuels and using the subsidies to support the shift to Electric Vehicles, with the right incentives and political will change can happen very quickly. So what about the lithium used in EV batteries?

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