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IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

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In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 Forecast eLCV share of total global LCV market revenue. million units annually by 2030. Source: IDTechEx Electric Vans 2020-2030.

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4 Powerful Reasons to Choose EV Connect for Your Fleet Charging

EV Connect

If you’re a fleet management provider or original equipment manufacturer (OEM) preparing to switch to an EV solution, you’re ahead of the curve. EV fleet charging is experiencing its very own surge, with fleet charging expected to become a $15-billion market by 2030.

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CMU researchers find controlled charging of PHEVs can cut cost of integration into electricity system by 54-73%; higher benefits with wind power

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In a new study published in the journal Applied Energy , Carnegie Mellon University (CMU) researchers found that controlled charging of plug-in hybrid electric vehicles (PHEVs) reduces the costs of integrating the vehicles into an electricity system by 54–73% depending on the scenario.

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DOE seeks to cut cost of Level 2 EV charging equipment in half in 3 years; $12M FOA

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These are to: (1) reduce the cost of electric charging infrastructure; and (2) manage EV loads while maintaining or improving power quality, reliability, and affordability. DOE says that 80–90% of EV charging will occur in the evening or at night, based on substantial survey and use data.

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

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GtCO 2 (28% of the projected 2015–2050 light-duty vehicle fleet emissions). 2015–2050 US light-duty fleet cumulative CO 2 emissions versus CO 2 budget under prospective future developments. C global warming. Current policies will create a mitigation gap of up to 19?GtCO Milovanoff et al.

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ABI Research projects worldwide commercial EV market to surpass US$680B by 2027

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The growing affordability of EVs has been one of the biggest drivers for fleet electrification efforts. One of the main factors driving the affordability of EVs, especially EV trucks, is the decreasing cost of battery technology. Lithium-ion battery costs have fallen by over 85% since 2010, and this trend is expected to continue.

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Building a Profitable EV Charging Business

EV Connect

Although most EV charging businesses are still on their journey to profitability, there’s never been a better time to dive into the market. Some forecasters project that 50% of total passenger car sales in the US will be electric by 2030. There won’t be enough charging stations. What Do You Need To Start an EV Charging Business?