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Li Auto CEO predicts China NEV penetration to exceed 80% by Dec 2025

CN EV Post

The years 2023-2025 for China's smart EV market will be like the last three years of World War II in history from 1943-1945, said Li Xiang. Li Xiang, founder, chairman and CEO of Li Auto (NASDAQ: LI), predicted a month ago that China's new energy vehicle (NEV) penetration rate would reach 70 percent by the fourth quarter of 2025.

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Boeing forecasts $4T global market for 33,500 new airplanes over next 20 years; Asia Pacific represents largest market by value

Green Car Congress

Boeing forecasts a $4-trillion market for new aircraft over the next 20 years with a significant increase in forecasted deliveries. Boeing forecasts strong growth in air traffic driven by emerging markets. With 1,400 deliveries, twin-aisle airplanes will make up 19% of the total European deliveries during the forecast period.

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BCG Report Expects Battery Costs Will Constrain Widespread Market Adoption of Fully Electric Vehicles, Absent a Technology Breakthrough; Forecasts 26% of Major Market New Cars in 2020 To be Hybrid or Electric

Green Car Congress

As an example of cost direction, BCG forecasts that NCA cell and pack costs will decline 60-65% by 2020. Despite this cost challenge, however, the report projects steady growth for hybrid and electric cars—including mild- and full-hybrids; plug-in hybrids; extended range electric vehicles; and fully electric vehicles.

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Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

Green Car Congress

Reflecting the current difficulties in forecasting, Anderman, who publishes an annual market forecast for the sector, said he decided not to produce the 2009 report. Reflecting the current difficulties in forecasting, Anderman, who publishes an annual market forecast for the sector, said he decided not to produce the 2009 report.

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Ford Europe EV Plans, Virginia Now a ZEV State – EV Week In Review: Feb. 15-22, 2021

EV Adoption

4 compact SUV, which went on sale in Europe and China in late 2020. Karma also teased a GX-1 Series, an SUV to be built on a new global platform, in both battery electric and extended-range EV versions and with deliveries expected in 2022. – The first pilot series of the ID.5 5 will be a coupe version of the ID.4

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Volkswagen’s MEB for EVs: long electric range, open-platform, open-space, pricing for the volume market; “tablet on wheels”

Green Car Congress

The MEB will be the foundation for an entirely new generation of battery-electric vehicles designed not only to be electric and feature extended range, but to be connected, autonomous, open and priced for the volume market as required by Volkswagen’s positioning. The first production MEB vehicle, a version of the I.D.

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