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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 trillion per year by 2050. Interregional trade is key to helping unlock the full potential of the clean hydrogen market, supported by diversified transport infrastructure.

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TSMC bullish on AI demand, forecasts 20% revenue growth this year – ET Auto

Baua Electric

A first fab in Japan will open next month with volume production in the fourth quarter, while the company was also exploring building a second factory in the country. It forecast capital spending at USD 28-USD 32 billion for this year, in line with 2023, and said it will also expand production at home in Taiwan. billion (USD 7.6

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% million units, in the wake of the COVID-19 pandemic.

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Report: Honda planning to double hybrid sales in Japan to more than 20% next fiscal year

Green Car Congress

Honda forecasts overall domestic automobile sales to decline by 20,000 units on the year to 635,000 units in fiscal 2011. The Nikkei reports that Honda Motor Co. plans to have hybrids account for more than 20% of its Japanese sales next fiscal year, double fiscal 2010’s roughly 10%, citing the company’s sales plan.

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ABI Research: connected services for consumer and commercial EVs to reach US$378M in revenues by 2030

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The forecast combined revenue opportunity of connected services for consumer and commercial EVs will reach US$378 million by 2030. China and Japan, for instance, now have more than 40 thousand charging stations each. EV sales have presented slow market growth in the past years.

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Green Car Congress - Untitled Article

Green Car Congress

Hybrids and EVs May Capture 10% Of Japan New Car Sales in Fiscal 2009 A tally by the Nikkei finds that sales of hybrids and electric vehicles in Japan may exceed 220,000 units and could account for more than 10% of domestic new-car sales in the current fiscal year (excluding mini-vehicles), up from 4.4% Earlier post.)

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UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

Green Car Congress

In their study, they used three different alternative powertrain/fuel models: less aggressive, moderately aggressive and very aggressive, applied across four developed economies (United States, Western Europe, Japan, and South Korea) and four developing economies (Brazil, Russia, India, and China). Production forecasts from IHS.

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