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Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

Green Car Congress

General Motors and Mercedes-Benz aim to produce only electric vehicles by 2035 and 2030, respectively. Tesla is targeting production of 20 million passenger EVs by 2030. Tesla is targeting production of 20 million passenger EVs by 2030. Benchmark’s high case scenario forecasts that 7.0 million EVs.

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Autonomy orders 23,000 EVs from 17 automakers; $1.2B order covers 45 EV models

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Autonomy, the nation’s largest electric vehicle subscription company, placed an order for 23,000 electric vehicles with 17 global automakers to expand and diversify its subscription fleet beyond Tesla. Production Forecasts: Vehicle will be available to purchase before the end of 2023. The fleet order is valued at $1.2

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Benchmark: battery demand for manganese set to increase 8-fold this decade

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General Motors has invested in Element25 ( earlier post ), which is building a manganese refinery in Louisiana, and this month also backed Mitra Chem, a Silicon Valley company which is developing lithium manganese iron phosphate (LMFP) cathodes ( earlier post ). —Jess Roberts, Benchmark’s Head of Forecasting

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GM reveals new Ultium batteries and flexible global platform for rapid growth of EV lineup

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At an event in the GM Tech Center campus in Warren, Michigan, General Motors unveiled the core of its new strategy to grow the company’s EV sales quickly, efficiently and profitably. Photo by Steve Fecht for General Motors). GM claims that the first generation of its future EV program will be profitable.

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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. In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36

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Pike Research updates xEV forecasts; projects Ford to lead US PEV market, followed by GM

Green Car Congress

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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Global Electric Vehicle market size to swell by five-times to $823.74B by 2030: study

Teslarati

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 new study says that the global EV sector will reach $823.74 ” According to IBISWorld.com , the global automotive industry will be worth $2.8