article thumbnail

Adamas Intelligence expects 10-fold increase in value of rare earths to $36.2B by 2035; growth led by passenger EV traction motors

Green Car Congress

NdPr, Dy and Tb oxides—were consumed globally in NdFeB alloys for energy-transition-related applications, including EV traction motors and wind power generators. In 2022, Adamas Intelligence calculated that $3.8 billion worth of magnet rare earth oxides—i.e., billion in 2022 to $36.2 billion in 2035.

Motor 221
article thumbnail

Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

article thumbnail

Forecast: Lithium Ion Batteries for Electric Vehicles to Approach $8 Billion in Sales by 2015

Green Car Congress

As government support for the sector winds down, demand from consumers and businesses will need to pick up the slack, or the industry faces the risk of oversupply. of the world’s fleet in 2015 will be driving at least part of the time on battery power only, according to the forecast.

article thumbnail

These Courses Will Sharpen Your Knowledge On 6 Emerging Technologies

Cars That Think

With 15 billion devices now connected to the IoT worldwide—and the number forecast to double by 2030 —the need to protect cloud-based, Internet-connected hardware and associated networks has never been greater. Minigrids offer a reliable, affordable solution to bring power to remote communities.

Africa 89
article thumbnail

Tesla China launches solar-powered Superchargers in sunshine-ridden Tibet

Teslarati

The climate is semi-arid and coupled with frosty winters and mild summers, and the location of the valley protects Lhasa from intense cold or hot weather and strong winds. Of course, even the most beautiful, sunny places in the world have their days or weeks where the sun just isn’t in the forecast.

Solar 145
article thumbnail

SpaceX rolls out Starship, stacks world’s largest rocket, and aces Starlink launch hours apart

Teslarati

Ship 24 was reinstalled on Booster 7 for that purpose after SpaceX disassembled the pair for several days, possibly due to forecasts of high winds. It could also be the first Super Heavy booster with no hydraulic system, thanks to a new version of Raptor that replaces hydraulic thrust vectoring with a battery-powered alternative.

Texas 145
article thumbnail

BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030.