Green Car Congress

FEBRUARY 25, 2016

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 —Salim Morsy.

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Cost Of Sale Global Vehicles 150

Green Car Congress

MARCH 14, 2023

IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

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Market Li-ion Batteries Battery 195

Green Car Congress

NOVEMBER 17, 2021

Electricity accounts for nearly 80% of the cost of hydrogen from electrolysis. In addition, the ability to use heat, which is a much lower cost source of energy than electricity, further improves the economics of green hydrogen production. By using less electricity, hydrogen production is more economical and accelerates adoption.

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Low Cost Hydrogen Solar Green 397

Green Car Congress

DECEMBER 3, 2022

IDTechEx has researched the electric motor market for electric vehicles, including analysis, benchmarking, and demand forecasts of different motor technologies resulting in its report: “ Electric Motors for Electric Vehicles 2022-2032 ”. Source: IDTechEx - “ Electric Motors for Electric Vehicles 2022-2032 ”. IDTechEx Outlook.

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Market Motor Motors Motoring 259

Green Car Congress

JUNE 17, 2022

The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas.

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Price Coal Gas-Electric United States 476

Green Car Congress

SEPTEMBER 5, 2023

Manganese is a crucial element in nickel cobalt manganese (NMC) cathodes and can be used to improve the range of electric vehicles at a relatively low cost. Automotive companies are increasingly turning to manganese-intensive forms of battery chemistry due to lower cost structures and improved performance.

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Batteries Battery Louisiana Lithium Ion 195

Green Car Congress

JULY 31, 2019

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). —Logan Goldie-Scot, head of energy storage at BNEF.

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Energy Storage Grid Global Energy 225

Green Car Congress

JUNE 20, 2013

In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. Forecasts Natural Gas'

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2020 Gas Fleet North America 321

Green Car Congress

JUNE 20, 2023

Demand for lithium ion batteries is forecast to grow to 3.7 This year is expected to see more than a million tonnes LCE of lithium mined for the first time, according to Benchmark’s Lithium Forecast. Natural and synthetic graphite are forecast by Benchmark to have a combined supply gap of 3.6 The cost of geopolitics.

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Industrial Industry Global Lithium Ion 243

Green Car Congress

FEBRUARY 15, 2022

A new study from Juniper Research forecasts that spend on EV charging at home will exceed $16 billion globally in 2026; up from $3.4 The lack of access to charging at home for urban residents is a major issue, but given EVs are currently high cost, the likelihood is that users will have access to off-street parking. billion in 2021.

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Global Charging Manufacturer Purchase 273

Green Car Congress

DECEMBER 31, 2014

In a new report , Navigant Research forecasts that light-duty natural gas vehicle (LD NGV) sales will grow 119% between 2014 and 2024, culminating in 42.1 Navigant forecasts only 56,251 LD NGV sales in 2014 in North America. Forecasts Natural Gas' Cumulative light-duty NGV sales by segment. Source: Navigant. Click to enlarge.

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Gas North America Global Vehicles 244

Green Car Congress

SEPTEMBER 20, 2017

Navigant Research forecasts that the transportation segment, with hydrogen demand as a catalyst, will jump-start power-to-gas (P2G) demand and further drive down electrolyzer and other infrastructure costs. As costs fall, Navigant expects growth in the non-transport segments, creating opportunities for a variety of market players.

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Hydrogen Transportation Gas Power 170

Green Car Congress

JUNE 19, 2018

This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. The levelized cost of electricity (LCOE) from new PV plants is forecast to fall a further 71% by 2050, while that for onshore wind drops by a further 58%. BNEF sees $1.3

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Wind Solar Global Coal 220

Green Car Congress

JUNE 4, 2011

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. This FOA is intended to address both task areas. and controls (direct load control at fixed percents of EV load reduction, remote disconnect).

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Cost Of Charging Grid Commercial 274

Green Car Congress

OCTOBER 5, 2010

New research released by Deloitte and Douglas-Westwood finds that the total cost of decommissioning the more than 260 offshore oil and gas platforms—including the associated wells, manifolds, pipelines and umbilicals—on the UK Continental Shelf (UKCS) could be in excess of $30 billion over the next 30 years.

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Cost Of Oil Gas Wind 170

Green Car Congress

NOVEMBER 25, 2020

Q1 2020 saw monthly average prices fall further to less than US$7,000/t Li 2 CO 3 for the first time since 2014, eroding price increases caused by forecast strong demand growth in the lithium-ion battery industry and uncertainty over future supply. In 2019, monthly average lithium carbonate prices fell 36% between January and December.

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Recharge Li-ion Industrial Industry 334

Green Car Congress

JANUARY 24, 2014

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. —Weis et al.

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Wind PHEV Cost Of Charging 286

Green Car Congress

SEPTEMBER 2, 2012

million) to two UK fuel cell companies—ACAL Energy and ITM Power—to help deliver a step change reduction in the cost of the technology to about $35/kW. Production of advanced automotive fuel cell systems currently under development globally are forecast to cost approximately $50/kW at mass manufacture volumes.

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Cost Of Carbon Fuel Energy 231

Green Car Congress

JULY 25, 2022

In addition, they propose an optimization-based control strategy to manage the energy storage system in a cost-efficient manner. In two numerical examples, the energy costs are reduced by 2.61% and 15.34%, respectively. Their paper is published in the journal Applied Energy. —Jie Shi, lead author.

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Market Energy Storage Charging Power Grid 321

Clean Fleet Report

JANUARY 13, 2024

Electric Car High Repair Costs Surprise Some Owners It’s well known that today it costs more to repair an electric vehicle than a gas-powered car or truck. [Ed. Safety Systems and Their Impact One of the primary contributors to the cost disparity in EV collision repairs is the complexity of safety systems.

Tesla 76

Tesla Connect Connected Gas-Electric 76

Green Car Congress

MARCH 12, 2012

According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. billion by 2017, the market intelligence firm forecasts. —John Gartner. (In

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Li-ion 2017 Price Batteries 324

Green Car Congress

JULY 5, 2016

According to a new forecast report from Navigant Research, global commercial alternative powertrain medium- and heavy-duty vehicle (MHDV) sales will grow from about 347,000 vehicles in 2016 to more than 820,000 in 2026, representing a CAGR of about 9%. A major factor has always been the cost of battery packs.

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Global Sale North America Oil Prices 150

Green Car Congress

DECEMBER 21, 2012

Pike Research has published an update to its earlier forecasts on xEVs: hybrid (HEVs); plug-in hybrid (PHEVs); and battery electric vehicles (BEVs). As a result of new assumptions, Pike Research has slightly reduced its forecasts for plug-in vehicles (PEVs: PHEVs and BEVs combined) from past forecasts. million in 2020, or 2.1%

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Market North America PHEV Ford 268

Green Car Congress

SEPTEMBER 3, 2014

Lux Research’s new report—“ The Tesla-Panasonic Battery Gigafactory: Analysis of Li-ion Cost Trends, EV Price Reduction, and Capacity Utilization ”—projects sales of some 240,000 Tesla cars in 2020, leading to razor-thin margins to Panasonic and 57% overcapacity. Batteries Electric (Battery) Forecasts Vehicle Manufacturers'

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2020 Li-ion Tesla Vehicles 337

Green Car Congress

DECEMBER 28, 2015

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6 million vehicles in 2015 to 3.9 million in 2025. million, accounting for 2.6%

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2015 Gas Global North America 150

Green Car Congress

MAY 16, 2019

BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. A year ago, BNEF estimated their impact on road fuel demand at 7.3

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Sale Global Cars Electric 341

Green Car Congress

MAY 23, 2023

An economic study by research group Steer, and commissioned by T&E, looked at future operating costs of hydrogen planes on intra-European flights and found that they could be an efficient, cost competitive technology to decarbonize the sector, provided kerosene is taxed adequately. (If GJ—approximately €0.37/L.)

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Hydrogen Tax Green Emissions 415

Green Car Congress

OCTOBER 19, 2011

DOE analysis of ownership costs for future mid-size car. Specific comments are requested on the projection of cost reduction rates for technologies that are not yet fully commercial (or for which substantial validation is not yet available). Click to enlarge. please provide, along with validation, where available.

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Cost Of Future Fuel Economy Vehicles 210

Green Car Congress

MARCH 27, 2013

Cost remains the main barrier in the short term, with the battery pack being by far the most expensive component. The motor and controller represent a significant part of the cost picture. Some manufacturers interviewed for the report estimated the cost ratio of the motor to controller to be 50:50 and some said 60:40.

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2020 Motor Motors Motoring 261

Green Car Congress

MARCH 27, 2012

Plug-in vehicles’ fates are tied to the cost of Li-ion batteries, so developers need to focus on the innovations that have biggest impact on cost. Among their conclusions: Materials improvement and scale are insufficient to cut costs. —Kevin See, Lux Research Analyst. Cathodes remain the biggest target.

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Li-ion 2020 Batteries Battery 225

Green Car Congress

JULY 5, 2013

In a new report , Navigant Research forecasts that US military spending on alternative drive vehicles (ADVs—including hybrid electric vehicles (HEVs), plug-in electric vehicles (PEVs), and ethanol-powered vehicles—for the non-tactical fleet will increase from more than $435 million in 2013 to $926 million by 2020, a CAGR of 11.4%.

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2013 2020 Alternative Fuels Vehicles 246

Green Car Congress

DECEMBER 8, 2012

However, by 2023 inverters and converters in passenger vehicles will dominate by market value as high-volume production is established and cost of ownership and range anxiety are reduced. There is no real possibility of dominance by one provider, the company suggests.

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Electric Vehicles Market Vehicles Electric 231

Green Car Congress

NOVEMBER 2, 2010

However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. By comparison, the Nissan Leaf will cost $26,280 after federal subsidies (including an allowance for charger installation), which is a higher price point than three quarters of all new auto sales.

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Financing Plug-in 2020 Plug 283

Green Car Congress

DECEMBER 10, 2012

In a new report, Pike Research forecasts that the advanced lead-acid battery (LAB) market will expand at a compound annual growth rate (CAGR) of 19.8% By 2020, Pike Research forecasts that advanced lead-acid batteries will capture roughly 25% of the global battery-based grid storage market, a small subset of the broader energy storage market.

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Lead Acid 2020 Transportation Market 231

Green Car Congress

MARCH 27, 2012

Pike Research forecasts that the worldwide market for e-bicycles will grow at a compound annual growth rate (CAGR) of 7.4% Under a more aggressive forecast scenario, worldwide e-bicycle sales could reach 51 million units and $13.2 Source: Pike Research. Click to enlarge. between 2012 and 2018, resulting in global sales of 47.6

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Li-ion 2018 Sale North America 273

Green Car Congress

MARCH 1, 2023

Updated forecasts show this type of extreme event is increasingly likely to occur because of rising temperatures. The CEC will publish additional analysis this year comparing the cost of alternatives to the cost of extending DCPP.

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Grid Clean Cleaning California 199

Baua Electric

JANUARY 18, 2024

We unveil the need for tailored solutions for all budgets, emphasising the importance of precise site selection scoring models for accurate sales forecasting. Discover how location analytics serves as the key in developing a future-proof EV infrastructure strategy, minimising the total cost of ownership.

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Charging Insight Store Cost Of 97