Green Car Congress

JANUARY 13, 2022

In 1Q22, however, the US Energy Information Administration (EIA) forecasts that global oil markets will be balanced and that rising production will contribute to inventory builds in 2Q22 and continuing through 2023.

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Oil Prices Oil Price Conversion 334

Green Car Congress

JUNE 4, 2023

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

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Market Indonesia Russia Supplies 304

Green Car Congress

MARCH 29, 2021

This estimate is a significant increase from the market analysis firm’s 2018 forecast, due to upwards revisions in its EV sales forecasts. Fitch bases its forecast on the underlying assumption that NMC 811 cathodes will rise to 80.0% of NMC market share by 2027—effectively raising the average nickel content.

Batteries 358

Batteries Battery Lithium Ion 2018 358

Green Car Congress

APRIL 7, 2021

BNEF now forecasts that green hydrogen from renewables should be cheaper than natural gas (on an energy-equivalent basis) by 2050 in 15 of the 28 markets modeled, assuming scale-up continues. MMBtu) by 2050 in most modeled markets. On one hand the reduction in the forecast was surprising, on the other hand not.

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Cost Of Hydrogen Solar Green 255

Green Car Congress

SEPTEMBER 27, 2020

one of the US’ largest asset-based truckload carriers by revenue, released its September industry forecast spotlighting key economic trends and updates specific to the trucking industry. The pandemic has resulted in an absence of volume seasonality, where the market skipped over the usual summer lull. US Xpress, Inc.,

Industrial 305

Industrial Industry Market Insight 305

Green Car Congress

JUNE 16, 2021

In the June Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI). million b/d in 2022.

Oil 243

Oil Global Price Production 243

Green Car Congress

DECEMBER 13, 2022

The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing (HPC) fueling the spending increases, SEMI announced in its latest quarterly World Fab Forecast report.

Industrial 243

Industrial Industry Global Taiwan 243

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.

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Australia South Korea Chile Argentina 281

Green Car Congress

JANUARY 25, 2023

In its 2023 Strategic Update , Albemarle Corporation raised its forecast for 2030 global lithium demand (LCE, lithium carbonate equivalent) to 3.7MMt—an increase of 15% from its previous forecast due to the impact of the US “Inflation Reduction Act” and strong EV demand.

Price 397

Price Conversion Supplies Corporation 397

Green Car Congress

JUNE 18, 2022

The US Energy Information Administration (EIA) forecasts that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. million b/d, according to the forecast. million barrels per day [b/d]) in 2022 and by 2% (0.8 million b/d) in 2021.

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Brazil Canada China Oil-Sands 259

Green Car Congress

MAY 6, 2023

Now, in its latest annual report on rare earth magnets ( “Rare Earth Magnet Outlook to 2040” ) Adamas Intelligence forecasts that NdFeB magnets will increase at a CAGR of 7.5% as the supply side of the market increasingly struggles to keep up with rapidly growing demand. didymium, dysprosium and terbium) these magnets contain.

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Market Global Supplies Wind 210

Green Car Congress

JUNE 22, 2020

Strategy Analytics forecasts that automotive sensor market growth will be driven by an expected increase in demand for electric vehicles. The subsequent market for xEV automotive sensors will grow to $1.2 over the 2019 – 2024 timeframe. over the 2019 – 2024 timeframe. billion by 2027.

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Market 2018 2019 Convert 284

Green Car Congress

APRIL 13, 2023

Energy Information Administration (EIA) increased its forecast for the 2023 Brent crude oil price by 2.5% from its previous forecast. EIA expects the Brent crude oil spot price to average $85 per barrel in 2023, $3 per barrel higher than its March forecast. Despite OPEC+ announcing it would cut crude oil production by 1.2

Global 210

Global Fuel Production South America 210

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

Electrek

NOVEMBER 1, 2023

Although Toyota expects record growth this fiscal year, it’s cutting its EV sales forecast by nearly 40%. In Toyota’s latest questionable strategy shift, the company will lean into hybrids to “avoid the price competition” in the EV market.

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Toyota Sale Price Hybrid 145

Green Car Congress

FEBRUARY 19, 2023

Similarly, major changes to macroeconomic conditions, like those provoked by the pandemic or the Russia – Ukraine war, can suppress global EV sales and battery capacity deployment, leading actual market performance to fall short of predictions. For individual markets or segments, one must take a more nuanced approach, the company said.

Global 195

Global Market 2018 PHEV 195

Green Car Congress

JUNE 18, 2022

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 mb/d in 2023, according to the forecast. Nevertheless, product markets are expected to remain tight, with a particular concern for diesel and kerosene supplies. mb/d this year, world oil demand is forecast to expand by 2.2

Oil 210

Oil Global Libya Russia 210

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

APRIL 20, 2022

In its new Rare Earth Magnet Market Outlook to 2035 report, Adamas Intelligence forecasts that global demand for NdFeB magnets will increase at a CAGR of 8.6%, bolstered by double-digit growth from electric vehicle and wind power sectors. This will translate to comparable demand growth for the rare earths elements (i.e.,

Global 170

Global Supplies Wind Market 170

Green Car Congress

JANUARY 26, 2023

In its January 2023 Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that crude oil production in the United States will average 12.4 Increased production in the Permian region and, to a lesser extent, in the Federal Offshore Gulf of Mexico (GOM) drives the forecast growth in production. million b/d.

Oil 468

Oil Oil Prices Production Dallas 468

Green Car Congress

APRIL 16, 2021

Strategy Analytics’ Automotive Connected Mobility service released its H1 2021 Global Ride-Hailing Market Update and its associated Global Ride-Hailing Forecast , tracking more than 140 unique operators across 119 different countries. over the next 10 years, with a global market recovery expected toward the end of 2022.

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2020 Global Market Connect 243

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

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

APRIL 15, 2023

In its April Oil Market Report , the International Energy Agency (IEA) forecasts that world oil demand will climb by 2 mb/d in 2023 to a record 101.9 IEA forecasts global refining throughput to average 82 million barrels per day this year, 0.1 million barrels per day. mb/d versus 4.6 mb/d in 2022.

Oil 186

Oil Ukraine Russia Brazil 186

Green Car Congress

JUNE 23, 2021

A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. New material selection and change of manufacturing procedures show an indication of a reshuffle of the battery supply chain.

Market 418

Market Batteries Battery Li-ion 418

Green Car Congress

APRIL 11, 2023

A new survey of automakers and Tier 1 suppliers conducted by Ducker Carlisle concludes that as electric vehicles continue to enter the mass market, aluminum demand will grow through the end of the decade. SUVs and pickups will make up nearly 85% of the BEV market by 2030.

Market 449

Market SUV 2020 MPG 449

Green Car Congress

SEPTEMBER 6, 2023

of the total new-vehicle retail market. Power has just introduced a new EV Retail Share Forecast, which captures granular EV sales, consideration, pricing, infrastructure growth and other census and demographic factors to project state-by-state EV adoption rates through 2035. Power EV Retail Share Forecast. Methodology.

South Dakota 370

South Dakota North Dakota Power Powered 370

Green Car Congress

MAY 20, 2013

In a forecast of the Lithium market through 2017, Roskill Information Services estimates that rechargeable batteries will, in the base-case growth scenario, contribute 75% of the growth in forecast lithium demand to 2017, when total demand for lithium is expected to reach slightly more than 238,000t lithium carbonate equivalent (LCE).

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Market Chile Argentina Batteries 296

Green Car Congress

MARCH 10, 2020

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The impact of the coronavirus on oil markets may be temporary.

Oil 300

Oil 2020 Global Market 300

Green Car Congress

JULY 5, 2021

Automotive supplier Eberspächer is entering the fast-growing market of hydrogen and fuel cell technology. We are deliberately investing in a future market and want to grow purposefully with hydrogen and fuel cell technology. Since the overall market for fuel cell applications is growing strongly, Eberspächer is investing purposefully.

Hydrogen 418

Hydrogen Market Fuel Colorado 418

Green Car Congress

JULY 30, 2015

A market study recently published by Transparency Market Research (TMR) projected that revenue from the global marine hybrid propulsion market will rise from US$2.24 According to the report, the diesel-electric system is the most common technology configuration utilized in the global marine hybrid propulsion market.

Mariner 150

Mariner Market Hybrid North America 150

Green Car Congress

DECEMBER 3, 2022

While some automakers have alternative motor technologies that don’t rely on rare earths, the market has not shifted in this direction significantly. To date, the three main categories used in the electric car market are permanent magnet motors, induction motors, and wound rotor motors. At peak 2022, neodymium price was 3.8x

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Market Motor Motors Motoring 259

Green Car Congress

MAY 11, 2023

The Cobalt Institute’s Cobalt Market Report, prepared by Benchmark Mineral Intelligence, finds that cobalt market conditions have weakened substantially since the price peak in 2022. In 2022, the EV sector was the strongest performer, now accounting for 40% of the total cobalt market.

Supplies 259

Supplies Market North America Philippines 259

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

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%

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Market North America PHEV Ford 268

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. Our control strategy is computationally efficient and requires no forecasts of the system states, making it appealing to practical applications. Jie Shi, H.

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Market Energy Storage Charging Power Grid 321

Green Car Congress

JUNE 12, 2020

Although 2020 was long projected as the turning point for when automated vehicles would start being widely deployed and adopted, the reality is that AD technology has proven far more challenging to develop and validate than anticipated, the market researcher said. Forecasts for partially automated vehicles are also included.

Insight 186

Insight Vehicles 2020 Light 186