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Another day, another positive electric-car adoption rate forecast

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While the fossil-fuel industry is notably skeptical of the long-term prospects of electric cars, a growing number of studies and forecasts predict the adoption rate will grow rapidly in the coming decades. If only success could be guaranteed by positive predictions. Electric cars still face numerous challenges, but analyses from a variety of.

2017 20

Navigant forecasts global road transportation energy consumption to increase 25% by 2035; 84% from conventional fuels

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gasoline and diesel) represent the bulk of energy consumption throughout the forecast period. Electric (Battery) Forecasts Fuels Hydrogen

Navigant forecasts LD natural gas vehicles to account for 2.8% of global vehicle parc by 2024

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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.

IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

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Global electric vehicle production forecast for 2014. Electric (Battery) Forecasts Hybrids Manufacturing Plug-ins Source: IHS Automotive.

2014 32

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

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in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report. H2USA, the new U.S.

2014 38

Navigant forecasts energy storage enabling technologies revenue to total nearly $75B from 2015 to 2024

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Navigant Research forecasts that worldwide energy storage enabling technology (ESET) revenue will total nearly $75 billion from 2015 to 2024. According to the report, Energy Storage Enabling Technologies , global installed ESET revenue will grow from $605.8 million in 2015 to $21.5 billion in 2024. Brief

2015 29

Lux forecasts global driver assist market to grow to $102B market by 2030

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Autonomous driving Driver Assistance Systems Forecasts billion today to $102 billion in 2030, corresponding to a 26% CAGR. billion by 2030.

Navigant forecasts annual fuel cell vehicles sales to exceed 228,000 units by 2024

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developing the hydrogen infrastructure necessary to fuel the vehicles. —Lisa Jerram, principal research analyst with Navigant Research. Brief

2015 26

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

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BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April. Electric (Battery) Forecasts

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IHS forecasts global EV charger market to grow to more than 12.7M units in 2020

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The global EV Charger (EVC) market is forecast to grow from more than 1 million units in 2014 to more than 12.7 From 2010 to 2014, IHS forecasts that just 7% of electric vehicles globally use the CCS charging system and about 65% use the CHAdeMO standard. IHS Automotive foresees that AC charging—i.e., —Ben Scott. Brief

DC 23

Navigant forecasts 40% of new vehicles in 2030 will have some form of autonomous driving capability; 75% by 2035

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Navigant Research forecasts that 94.7 Autonomous driving Driver Assistance Systems Forecasts Vehicle Systems Click to enlarge.

Updated Roland Berger Li-ion study forecasts auto Li-ion battery market of more than US$9B by 2015; massive overcapacity and market consolidation

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Roland Berger forecasts for LiB market size by vehicle class (left) and region (right). billion to US$9-10 billion by 2015, despite scaled-back forecasts for previously announced models. Further growth to more than US$50 billion is forecast in the 2020 high growth scenario. Batteries ForecastsClick to enlarge. Resources.

NiMH 23

Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

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billion by 2017, the market intelligence firm forecasts. billion and 28 million kWh market that Pike Research also forecasts by 2017. In its 2009 forecast on EV batteries, Pike forecast that Li-ion prices would drop to $470 per kWh in 2015. Batteries Forecastsbillion annually in 2011 to more than $14.6


Lux: plug-in vehicle battery market to hit $10B in 2020; 6 carmakers = 90% of demand; VW to show most growth

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Batteries Electric (Battery) Forecasts Plug-ins Sales—Chris Robinson, Lux Research Associate and lead author. million plug-in vehicles.

BYD 45

Pike Research forecasts cumulative investment in fuel cells for Auxiliary Power Unit applications to reach $400M by 2020

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Forecasts are provided for each sector through 2020, including unit shipments, revenue, and total capacity in megawatts. Forecasts Fuel Cells

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive. The IHS Automotive US light vehicle sales forecast for 2015 is 16.9

Navigant forecasts strong growth in stop-start vehicle sales; 48V systems to account for 15% of those by 2025

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According to a forecast by Navigant Research, global sales of light duty stop-start vehicles (SSVs) will exceed 61 million by 2025, accounting for 59% of all light duty vehicle sales. Of these, about 15% will feature 48V components. The Asia Pacific market is expected to reach the 75% level by 2025. Brief

Pike Research forecasts $18B market in 2020 for advanced lead-acid batteries, 58% in transportation

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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.

Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

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Polk forecast, millions of units. Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7%

Airbus forecasts 33,000+ new planes valued >US$5T over next 20 years

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In the next 20 years (2016-2035), according to Airbus’ Global Market Forecast, passenger traffic will grow at an average 4.5% In the widebody market, Airbus forecasts a trend towards higher capacity aircraft and forecasts a requirement for more than 9,500 widebody passenger and freighter aircraft over the next 20 years, valued at some US$2.8

Asia 11

Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 Biodiesel Biomass Ethanol Forecasts Fuelsbillion in 2011 to $185.3 billion by 2021. However, despite strong. BGPY of biofuels demand. A doubling of current biofuels production (an estimated 29.4 biofuels.

2012 15

Pike Research forecasts smart city technology market to grow to $20.2B annually in 2020; smart transportation component to be worth $5.5B by 2020

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In a new report, Pike Research forecasts that the smart city technology market will grow from $6.1 Cities Forecasts Infrastructure Intelligent Transportation Systems (ITS) Smart chargingbillion annually in 2012 to $20.2 billion in 2020—a compound annual growth rate (CAGR) of 16.2%. between 2012 and 2020. billion annually.

Navigant Research forecasts 58% growth in global biofuels consumption by 2022; biodiesel and drop-in fuels gain market share

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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. Of that 8%, 8% will consist of advanced drop-in fuels, according to the research firm.

2013 11

Navigant forecasts global annual sales of LDVs of 122.6M by 2035, up 38% from 2015

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In a new report, Navigant Research forecasts global annual sales of light duty vehicles will reach 122.6 from 2015 to 2035 to almost 1.9

Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

Forecast puts global lead acid battery market at $76.44B by 2022

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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%

Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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2015 forecast share by region. Under the forecast, China will thus represent 26% of global auto sales in 2015. Data: Scotiabank. million.

Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6 Fleets Forecasts Natural Gas Sales

PwC: electrified vehicle sales on the rise in Europe, continued growth expected

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In 2016, however, PwC forecasts a reduction in plug-in hybrid sales in Europe as many of the current government subsidies are being eliminated.

2016 46

Pike Research forecasts US plug-in vehicle penetration rates to be highest in smaller states

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Pike Research forecasts that annual sales of plug-in electric vehicles (PEVs) will reach 358,959 vehicles by 2017, representing a compound anual growth rate (CAGR) of 43% between 2011 and 2017. The report also includes forecasts for plug-in electric vehicle sales within selected electric utility service territories. Forecasts Plug-in

Navigant: N. American PEV sales to hit almost 200K units this year; ~62% growth y-o-y

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Electric (Battery) Forecasts Hybrids Plug-ins SalesThe long-range BEV under $40,000 is a marked achievement in the industry.

2016 35

Lux suggests how LG Chem might overtake EV battery leader Panasonic

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Batteries Electric (Battery) Forecasts Market Background—Cosmin Laslau, Lux Research Senior Analyst and lead author.

2015 52

Pike forecasts global investment in intelligent transportation systems will total $13.1B through 2017

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Forecast global spending on ITS. In a new report, Pike Research focuses on four key smart transportation sectors—traffic management systems; smart charging for plug-in electric vehicles; public transportation systems; and vehicle-to-vehicle systems—and forecasts a global investment in these totaling $13.2 Click to enlarge.

ABI Research forecasts nearly 203M Software-Over-the-Air-enabled cars to ship by 2022

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ABI Research forecasts nearly 203 million Software Over-the-Air (SOTA)-enabled cars will ship by 2022. Both SOTA and Firmware Over-the-Air (FOTA) will see a spike, with nearly 180 million new cars supporting SOTA and 22 million FOTA by 2022. The positive changes that OTA can bestow on the car recall process is alone a vital benefit. Brief

Pike forecasts cumulative plug-in vehicle sales to reach 5.2M units worldwide by 2017

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Pike Research forecasts that cumulative sales of plug-in electric vehicles (PEVs), the category that includes both plug-in hybrid and battery-electric vehicles (PHEVs and BEVs), will reach 5.2 Germany has set a goal of 1,000,000 PEVs by 2020—almost twice the 512,701 PEVs forecast to be on the roads in that country by 2017.

Systematic review of EV battery pack costs suggests economies of scale may push cost toward US$200/kWh without further cell chemistry improvements

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Batteries Forecasts Cost of Li-ion battery packs in BEVs. Source: Nykvist and Nilsson (2015). Click to enlarge. Resources.

2015 54

Navigant Research forecasts EV charger global market to grow to $3.8B by 2020; 27.1% CAGR from 2013

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Navigant Research forecasts that the global EVSE (electric vehicle supply equipment, i.e., charger) market will grow from $713 million in 2013 to $3.8 Electric (Battery) Forecasts Infrastructure Plug-ins Total installed public EVSE stations by technology and region, world markets: 2012. Source: Navigant Research. Click to enlarge.

DC 9

Pike forecasts worldwide revenue from fuel cells and hydrogen will reach $785M million in 2012; interest in fuel cell vehicles re-emerges

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With the continued disappointment in the price of battery electric vehicles (BEVs) and a rate of adoption lower than initially forecast, Pike Research forecasts that 2012 will start to see a return of interest in fuel cell electric vehicles (FCEVs). Forecasts Fuel Cells Hydrogen—Kerry-Ann Adamson, research director.

Berkeley Lab study forecasts China energy use will peak within 20 years; 356 million private cars by 2050

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According to this new forecast, the current steeply rising curve of energy demand in China will begin to moderate between 2030 and 2035 and flatten thereafter. China Electric (Battery) Fleets ForecastsProjected saturation of private cars in China by fuel type under the two scenarios. Source: LBL. Click to enlarge. Transportation.

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Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016

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million unit global NGV market which we forecast will expand at a compound annual growth rate (CAGR) of 7.9% Natural Gas Vehicles Market Analysis and Global Forecasts for CNG and LNG Cars, Trucks, and Buses. Forecasts Natural Gasmillion vehicles per year in 2010 to more than 3.2 million units annually by 2016. to reach 19.9

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