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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April. Although some 1.3

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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Demand for lithium ion batteries is forecast to grow to 3.7 Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle. Natural and synthetic graphite are forecast by Benchmark to have a combined supply gap of 3.6 The rise of gigafactories.

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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

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million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. million passenger vehicles forecasted to be sold worldwide by that year.

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Big Oil Betting On Electric Vehicles

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Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. One barrier is the cost of owning an electric vehicle versus a cheaper, comparable gasoline-engine vehicle.

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BNEF: E-buses to surge even faster than EVs; supply of cobalt potential risk to the pace of growth

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The electrification of road transport will move into top gear in the second half of the 2020s, due to tumbling battery costs and larger-scale manufacturing, with sales of electric cars surging to 28%, and those of electric buses to 84%, of their respective global markets by 2030. Source: Bloomberg New Energy Finance. and 17% in Japan.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Possibilities include dramatic reductions in the cost of EV batteries that lead to more cost- competitive vehicles, greater state or federal incentives, or increasing taxes on fossil fuels. in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report.

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The Boring Co. becomes finalist for San Antonio, Texas transport project

Teslarati

The Boring Company estimated that the cost of the twin tunnels would be between $241 million to $298 million. TBC would self-finance the project before turning it over to the board. Documents from Praetor Capital forecasted that BAT’s proposed transportation system could charge passengers $6.50 million revenue.