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Cheerful, not cheap: Suzuki Australia says it won’t be targeting budget-friendly Chinese brands like BYD, MG and GWM when its first electric car launches in 2025

EV Central

Even at that price, Pachota said he only had forecast modest sales for the eVX. The post Cheerful, not cheap: Suzuki Australia says it won’t be targeting budget-friendly Chinese brands like BYD, MG and GWM when its first electric car launches in 2025 appeared first on EV Central. It won’t be a volume-seller.”

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Ethanol may be the loser amid cheap gas and an oil glut

Green Car Reports

As gas prices plummet toward the $2-per-gallon mark on a national level—with some regions already reporting $1 gas—forecasts are suggesting the bargain pump prices will last at least through the summer. The cheap gas, at a national-average $2.01

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). In the near term, renewables-plus-storage, especially solar-plus-storage, has become a major driver for battery build.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. Coal emerges as the biggest loser in the long run. BNEF sees $1.3

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Ranger Raptor embodies Ford means of high-margin, cheap variants

Baua Electric

. “They’re tapping into a great marketing ploy for extending the Ranger brand to new markets and new buyers,” mentioned Sam Fiorani, vice chairman of car forecasting at AutoForecast Answers. ” The post Ranger Raptor embodies Ford means of high-margin, cheap variants appeared first on Bauaelectric Auto News.

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Benchmark: China dominates Li-ion battery supply chain

Green Car Congress

From the mining side, China is forecast by Benchmark to fall second to Africa over the next decade. The majority of this comes either from Inner Mongolia where electricity is cheap, or Sichuan province where there is abundant hydroelectric power. In 2022, Benchmark forecasts 70% of all batteries will be made in China.

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IDTechEx: market value of on-road fuel-cell vehicles to grow to $160B in 2042; 23.9% CAGR over 20 years

Green Car Congress

IDTechEx’s analysis in their new report, “ Fuel Cell Electric Vehicles 2022-2042 ”, forecasts the market value of on-road fuel cell vehicles will grow to $160 billion in 2042 at a CAGR of 23.9% over the 20-year forecast period. of on-road FCEV market revenue will be from the passenger car market.

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