Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 However, batteries are the fastest-growing demand market for nickel.

Industrial 243

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.

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Global Charging Manufacturer Purchase 273

Green Car Congress

APRIL 23, 2021

A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.

Global 448

Global Batteries Battery North America 448

Green Car Congress

JULY 12, 2023

The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195

Market Carbon Supplies Insight 195

Green Car Congress

DECEMBER 27, 2019

A new report from Tractica forecasts that the global market for Mobility as a service (MaaS) to grow at a compound annual growth rate (CAGR) of 24.0% billion market by 2025, largely driven by ride-hailing applications. The Middle East & Africa will be the fastest growing market (27.3% to become a $563.3

Market 195

Market North America Africa Asia 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). Global cumulative energy storage installations.

Energy Storage 225

Energy Storage Grid Global Energy 225

Green Car Congress

MAY 16, 2023

years, up by more than three months over 2022, according to the latest analysis from S&P Global Mobility. million units in 2023, according to S&P Global Mobility forecasts, which is expected to curb the rate of average age growth in the coming year. The newest Channel Forecast is set to be published in June.

Light 273

Light Global Vehicles Fleet 273

Green Car Congress

MARCH 31, 2016

forecasts that the global lead acid battery market will reach US$76.44 Growing preference for pollution free hybrid & electric vehicles along with technological development is expected to drive lead acid battery demand over the forecast period. of market share in 2014. of the global share in 2014.

Lead Acid 150

Lead Acid Global Market VRLA 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. —Colin McKerracher, head of advanced transport for BNEF.

Sale 341

Sale Global Cars Electric 341

Green Car Congress

NOVEMBER 30, 2021

A new report from Juniper Research has found that the automotive sensors market will grow to more than $92 billion by 2026—a 30% increase over 2021. However, due to high unit costs, these deployments will remain low. Juniper Research expects more than a third of consumer vehicles shipped in 2026 to be electric.

Market 186

Market Global International Climate 186

Green Car Congress

FEBRUARY 5, 2014

In a new report, “ Biofuels for Transportation Market s”, Navigant Research forecasts that global demand for biofuels in the road transportation sector will grow from representing almost 6% of the liquid fuels market in 2013 to roughly 8% by 2022. Navigant projects the global biodiesel market will grow from 6.9

Global 231

Global Market Fuel Brazil 231

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 result will be renewables eating up more and more of the existing market for coal, gas and nuclear. NEO 2018 sees $11.5 trillion of that going to wind and solar and a further $1.5

Wind 220

Wind Solar Global Coal 220

Green Car Congress

DECEMBER 20, 2021

FREYR Battery, a developer of clean, next-generation battery cell production capacity, has executed its inaugural offtake agreement for at least 31 GWh of low-carbon battery cells with an undisclosed, leading global publicly listed manufacturer and provider of energy storage systems (ESS). —Tom Jensen, the CEO of FREYR.

Global 221

Global Batteries Battery Norway 221

Green Car Congress

NOVEMBER 10, 2016

In a new report , Navigant Research forecasts that the global market for electric drive buses will grow from about 119,000 buses in 2016 to 181,000 in 2026. Electric drive buses of all types are expected to see steady sales growth over the next decade, driven by clean air legislation and government incentives.

Global 199

Global Sale Electric Electrical 199

Green Car Congress

JANUARY 16, 2019

million electric vehicles to be sold globally in 2019. million units—around 57% of the global market. China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. In markets like the US and the UK, direct purchase subsidies are already starting to wind down.

2019 392

2019 Global Sale South Korea 392

Green Car Congress

NOVEMBER 5, 2014

In a new report , Navigant Research forecasts that global annual sales of e-bicycles will grow modestly from 31.7 Navigant expects China, the market leader, to reach 28.8 million e-bicycle sales this year under the base scenario, representing 91% of the total global market. million units in 2014 to 40.3

Global 281

Global North America Sale Li-ion 281

Green Car Congress

JANUARY 11, 2013

Total lithium-ion transportation battery revenue by region, world markets: 2012-2020. In a new report , Pike Research forecasts that the overall market for Li-ion batteries in light duty transportation will grow from $1.6 Source: Pike Research. Click to enlarge. billion in 2012 to almost $22 billion in 2020.

Li-ion 323

Li-ion 2015 2020 Global 323

Green Car Congress

JUNE 20, 2013

Cumulative natural gas vehicles in use by segment, world markets: 2013-2020. In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 The differential in the cost of the fuels determines the payback on this additional equipment (currently between 2.5

2020 321

2020 Gas Fleet North America 321

Green Car Congress

AUGUST 9, 2023

Westport Fuel Systems has been designated as the supplier of liquified petroleum gas (LPG) systems to a global original equipment manufacturer (OEM). This is forecasted to generate €63 million in total revenue from 2025 to 2028. —David M.

Supplies 150

Supplies Global Fuel Alternative Fuels 150

Green Car Congress

SEPTEMBER 5, 2023

Demand for manganese in batteries is set to grow over eight-fold this decade, due to new battery chemistries and rising electric vehicle sales, according to Benchmark’s Manganese Sulphate Market Outlook. —Jess Roberts, Benchmark’s Head of Forecasting New battery chemistries are expected to use even more manganese.

Batteries 195

Batteries Battery Louisiana Lithium Ion 195

Green Car Congress

JUNE 9, 2020

Roskill forecasts that Li-ion battery demand will increase more than ten-fold by 2029, reaching in excess of 1,800GWh capacity. The pipeline capacity of battery gigafactories is reported by Roskill to exceed 2,000GWh in 2029, at more than 145 facilities globally.

Li-ion 246

Li-ion Ni-Li Batteries Battery 246

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 Overall, Navigant expects the worldwide market for LD NGVs to grow at a compound annual growth rate (CAGR) of 5.6% Asia Pacific will remain the largest market, with more than 2.0

Gas 244

Gas North America Global Vehicles 244

Teslarati

JANUARY 27, 2024

Polestar has announced plans to cut around 15 percent of its workforce around the world, as the Volvo-owned electric vehicle (EV) maker looks to reduce costs and work toward making its products profitable. The post Polestar cutting around 15 percent of its global workforce appeared first on TESLARATI.

Global 115

Global Volvo Australia 2020 115

Green Car Congress

MARCH 6, 2018

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d by 2023 to 104.7

Brazil 218

Brazil Norway Oil Canada 218

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

Cost Of 150

Cost Of Sale Global Vehicles 150

Green Car Congress

OCTOBER 23, 2014

Navigant Research forecasts that plug-in EVs (which include plug-in hybrids and battery EVs), will represent 2.4% Accordingly, Navigant expects this luxury brand push to increase global sales of plug-in EVs significantly in the near term. —“Electric Vehicle Market Forecasts”. million units.

Plug-in 276

Plug-in Plug Global Sale 276

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.

Low Cost 397

Low Cost Hydrogen Solar Green 397

Green Car Congress

AUGUST 5, 2023

Benchmark’s high case scenario forecasts that 7.0 With the amount of lithium production forecast by Benchmark for 2030, only 3.2 They don’t want to flood the market with lithium too quickly. Globally, Benchmark’s Lithium ion Battery Database forecasts that 43.7% In 2022, the company produced just over 1.3

Industrial 369

Industrial Industry Lithium Ion General Motors 369

Green Car Congress

MAY 28, 2015

The global EV Charger (EVC) market is forecast to grow from more than 1 million units in 2014 to more than 12.7 This figure does not include installation costs that could add $10,000 in the case of a DC charging station, depending on its location and accessibility. IHS Automotive foresees that AC charging—i.e.,

2020 150

2020 Global Market DC 150

Green Car Congress

SEPTEMBER 17, 2019

Navigant Research forecasts that e-buses will make up nearly one-third of all buses on the road worldwide by 2030. The global medium- and heavy-duty bus market has been dominated by internal combustion engine vehicles. —William Drier, research analyst with Navigant Research.

Global 186

Global North America Alternative Fuels Fleet 186

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%

Market 268

Market North America PHEV Ford 268

Teslarati

FEBRUARY 7, 2022

A new study suggests that the global electric vehicle market will multiply in valuation by five times by 2030, based on new data acquired by Allied Market Research. The 2020 EV market size was valued at $163.01 The new study says that the global EV sector will reach $823.74

Electric Vehicles 98

Electric Vehicles Global Market Vehicles 98

Green Car Congress

DECEMBER 9, 2020

In a new report—“ Full Hybrid Electric Vehicle Markets 2021-2041 ”—IDTechEx forecasts that market value for hybrid electric vehicles will peak at $792 billion in 2027. The European car market is expected to see a significant drop in sales for 2020 due to COVID-19 related shutdowns.

Market 243

Market Electric Vehicles Hybrid PHEV 243

Green Car Congress

SEPTEMBER 21, 2022

The findings of this joint research on ammonia cracking will help support industry-wide efforts to decarbonize transport and heavy industrial processes and lower carbon emissions to meet global climate goals. Ammonia is a cost competitive carrier of hydrogen which will require cracking at destination to cater to different end uses.

Hydrogen 186

Hydrogen Global Supplies MIT 186

Green Car Congress

JUNE 11, 2013

Annual light duty electric vehicle sales by drivetrain, world markets: 2013-2020. In its latest forecast for hybrid and plug-in electric vehicle sales, Navigant Research expects that hybrid electric vehicles (HEVs), which today account for about 2% of global light duty vehicle sales, will grow to almost 4% of global LDV sales by 2020.

Plug-in 199

Plug-in 2020 Plug Global 199

Green Car Congress

FEBRUARY 4, 2023

NdPr, Dy and Tb oxides—were consumed globally in NdFeB alloys for energy-transition-related applications, including EV traction motors and wind power generators. Resources Rare Earth Magnet Market Outlook to 2035 In 2022, Adamas Intelligence calculated that $3.8 billion worth of magnet rare earth oxides—i.e.,

Motor 221

Motor Motors Motoring Wind 221

Green Car Congress

JULY 12, 2022

has been awarded a program to develop and supply liquefied petroleum gas (LPG) systems for a number of vehicle applications for a global original equipment manufacturer (OEM). The deal is forecasted to provide €38 million in revenue through the end of 2025, with production expected to begin in Q4 2023. Westport Fuel Systems Inc.

Supplies 199

Supplies Fuel Global Alternative Fuels 199