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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

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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.

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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. Battery chemistries that prioritize energy capacity over power density can satisfy both the PHEV and EV battery segments, enabling vendors to offer products to multiple vendors for multiple models.

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

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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.

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UTokyo, Toyota, TRENDE to begin testing of blockchain-enabled P2P electricity system including PHEVs

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The electricity trading agent places orders to buy and sell electricity in an electricity exchange based on electrical consumption and forecasts of electrical power to be generated by solar panels at households and businesses. Bidding information from each household, business, and PHEV is consolidated at the electricity exchange.

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Navigant forecasts hybrids to account for almost 4% of global LDV sales by 2020, plug-ins 3%

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In its latest forecast for hybrid and plug-in electric vehicle sales, Navigant Research expects that hybrid electric vehicles (HEVs), which today account for about 2% of global light duty vehicle sales, will grow to almost 4% of global LDV sales by 2020. Navigant Research forecasts global CAGRs of 11.5% Source: Navigant Research.

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Navigant Research forecasts plug-ins will be 2.4% of global new vehicle sales by 2023; luxury brands to represent about 50% of that

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Navigant Research forecasts that plug-in EVs (which include plug-in hybrids and battery EVs), will represent 2.4% In these markets, it is likely the EVs will become more available in luxury class segments, where the plug-in electric vehicle (PEV) premium is less pronounced relative to comparable vehicles due to higher overall vehicle prices.

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Pike Research forecasts hybrids and plug-ins to grow to 4% of European market in 2020

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Pike Research forecasts that electric vehicles—conventional hybrids (HEVs), plug-in hybrids (PHEVs) and battery-electrics (BEVs)—will grow from 0.7% The biggest growth is expected in BEVs followed by PHEVs, with HEVs lagging behind. Pike Research forecasts that by 2020 more than 1.8 million PHEVs and 1.7

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