Green Car Congress

DECEMBER 24, 2022

Australia’s lithium production is forecast to grow from 335,000 tonnes of lithium carbonate equivalent (LCE) in 2021–22 to 399,000 tonnes in 2022–23 and 470,000 tonnes of LCE in 2023–24. In 2022–23 Australia’s export earnings are forecast to more than triple — from $4.9 billion in 2021–22 to $16.1 billion, and $17.0 billion in 2023–24.

Australia 281

Australia South Korea Chile Argentina 281

Green Car Congress

MARCH 2, 2020

In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 IDTechEx says that the light commercial vehicle market is uniquely positioned to rapidly transition to electric vehicles. Forecast eLCV share of total global LCV market revenue.

Global 259

Global Production North America 2020 259

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

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.

Price 476

Price Coal Gas-Electric United States 476

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

JULY 25, 2022

Researchers at Cornell have developed a coupled transportation–power system framework for incorporating a wireless charging road system into the real-time electricity market. In addition, they propose an optimization-based control strategy to manage the energy storage system in a cost-efficient manner. —Shi and Gao (2022).

Market 321

Market Energy Storage Charging Power Grid 321

Green Car Congress

DECEMBER 18, 2020

Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). A combination of falling costs for solar and wind power, improved performance as well as economies of scale for electrolyzers could make it possible.

Hydrogen 482

Hydrogen Renewable Low Cost Green 482

Green Car Congress

MARCH 8, 2020

Renewable energy output is subject to large fluctuations, so FH2R will adjust to supply and demand in the power grid in order to maximize utilization of this energy while establishing low-cost, Green hydrogen production technology. With sights set on expanding the use of renewable energy, Toshiba ESS, Tohoku Electric Power Co.,

Low Cost 450

Low Cost Hydrogen Power Grid Japan 450

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. Driven by demand from the automotive and energy storage markets, NCM/NCA type cathode materials are expected to remain dominant though other cathode types will take market share in niche environments or applications.

Li-ion 246

Li-ion Ni-Li Batteries Battery 246

Green Car Congress

JULY 20, 2020

Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. The Bloom Energy Servers are a proven market leader in clean, reliable, and resilient on-site power. —Jason Ahn, CEO of SK E&C.

Hydrogen 386

Hydrogen South Korea Market Energy 386

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

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. VRLA (valve-regulated lead-acid) batteries are forecast to grow at a CAGR of 6.4%

Lead Acid 150

Lead Acid Global Market VRLA 150

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). South Korea is the lead market in 2019, but will soon cede that position, with China and the US far in front by 2040.

Energy Storage 225

Energy Storage Grid Global Energy 225

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

Green Car Congress

FEBRUARY 23, 2021

Market analysis firm FutureBridge expects that cost-parity between Li-ion and solid-state batteries could be achieved in another five years. Solid Power, Quantum Scape, and ilika forecast at least five years for SSBs to enter the automotive market.

Li-ion 218

Li-ion Batteries Battery Lithium Ion 218

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 million EVs.

Industrial 369

Industrial Industry Lithium Ion General Motors 369

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

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

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

JULY 7, 2014

The number of medium- and heavy-duty vehicles (MHDVs) in use worldwide will nearly double between 2014 and 2035, according to a new forecast report by Navigant Research. Navigant projects that annual MHDV sales will grow throughout the forecast period at a compound annual growth rate (CAGR) of 2.4%. of the market in 2014 to 11.2%

Market 273

Market Alternative Fuels Engine Gas-Electric 273

Green Car Congress

SEPTEMBER 5, 2023

Elysia is the first mass market software offering from WAE, combining a suite of innovations that can unlock the potential of a battery. This unique expertise, amassed over more than a decade, has seen WAE push the limits of performance, longevity and charging in harsh environments, with software playing a vital role.

Market 150

Market Batteries Battery Insight 150

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

APRIL 6, 2020

Rodgers and York Capital), and non-dilutive funding from market-leading customers. Based on successfully deploying 3D Silicon Lithium-ion Battery technology in portable electronic devices, Enovix is now working with leading international automobile manufacturers to develop its patented battery technology for the electric vehicle (EV) market.

Lithium Ion 416

Lithium Ion Market Automobile Manufacturer Batteries 416

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

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

JULY 6, 2017

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). This represents an aggressive jump compared to BNEF’s previous forecast of 35% EV new car market share by 2040.

PHEV 170

PHEV Sale Lithium Ion Cars 170

Green Car Congress

JUNE 18, 2014

In a new report , Navigant Research forecasts that the market for next-generation advanced batteries (i.e., The primary battery chemistry currently used for applications that require advanced batteries, lithium ion (Li-ion), has limitations that include input costs and materials scarcity. billion in 2023.

Li-ion 240

Li-ion Market Lithium Sulfur Batteries 240

Green Car Congress

DECEMBER 8, 2012

The market for electric vehicle inverters, including converters, for both hybrid and pure electric vehicles—land, water and air—will grow to $18 billion in 2023 according to a new report from IDTechEx, “ Inverters for Electric Vehicles 2013-2023 ”. There is no real possibility of dominance by one provider, the company suggests.

Electric Vehicles 231

Electric Vehicles Market Vehicles Electric 231

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. However, batteries are the fastest-growing demand market for nickel. This year, the world is forecast to produce 1.0

Industrial 243

Industrial Industry Global Lithium Ion 243

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

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% Of the projected US$18-billion market in 2020, 58% of the sales will be from the transportation sector, historically one of the most of important industries for lead-acid batteries.

Lead Acid 231

Lead Acid 2020 Transportation Market 231

Green Car Congress

SEPTEMBER 24, 2020

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

Lithium Ion 360

Lithium Ion Cost Of Li-ion Batteries 360

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

Green Car Congress

NOVEMBER 9, 2022

US distillate fuel inventories average 17% below the five-year average in the forecast for 2023. The distillate fuels in storage aren’t the only source of diesel we have to keep trucks and trains moving, but lower-than-average storage levels will contribute to higher costs for diesel and for heating fuels through the winter.

Oil 334

Oil Diesel Price Russia 334

Green Car Congress

AUGUST 10, 2012

Researchers at Daimler AG and a colleague at Albstadt-Sigmaringen University have developed a new cost forecast model for hydrogen fuel cell stacks and Li-ion batteries using a two-factor experience curve approach. The endogenous cost degression in the model is driven by output and patent publications. —Mayer et al.

Li-ion 236

Li-ion Lithium Ion 2020 Power 236

Green Car Congress

JUNE 6, 2020

The analysis builds upon insights from early market development and a series of analyses developed for the roadmap on current and future technology costs, feedstock supply and cost, siting and factory buildout, and demand growth. per kilogram by 2025. per kilogram by 2025.

Hydrogen 357

Hydrogen Renewable Price Fuel 357

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.

Recharge 334

Recharge Li-ion Industrial Industry 334