article thumbnail

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

Green Car Congress

The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. Coupled with this, the momentum could lead to downward adjustment in premium pricing, which helps provide solid foundation for premium vehicle penetration to further increase in China in the next decade. North America. million units.

2015 150
article thumbnail

Toyota digs for Lithium

Revenge of the Electric Car

Concerns about carbon emissions and their impact on climate change plus high and volatile oil prices are increasing the popularity of hybrid and electric vehicles despite their higher costs. Toyota uses nickel-metal-hydride batteries for the current Prius hybrid but has decided on lithium-ion batteries for future plug-in models.

Toyota 124
article thumbnail

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. billion, helped by the recovery in sector share prices between mid-2012 and March 2014, and by the popularity with investors of US “yieldcos” and their European equivalents, quoted project funds.

2014 150
article thumbnail

Li-ion Reserve in the World: How it Revolutionised the EV Industry

Get Electric Vehicle

Newly found reservoirs of petroleum and crude oil decreased the oil price. Chile has the world’s highest lithium deposits by a huge margin. In 2020, Chile’s lithium reserves were expected to be 9.2 Model T was cheaper and had more range. million metric tonnes. With reserves valued at 4.7

Li-ion 52