Remove 2015 Remove Cost Of Remove Gasoline-Electric Remove Global
article thumbnail

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

Green Car Congress

A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. This would be almost 90 times the equivalent figure for 2015, when EV sales are estimated to have been 462,000, some 60% up on 2014. Although some 1.3

Cost Of 150
article thumbnail

ASG life-cycle study finds aluminum Ford F-150 “Best Full-size Truck of 2015” from environmental and economic perspective

Green Car Congress

According to the latest annual life-cycle study from the Automotive Science Group ( ASG ), the all-new lightweight aluminum 2015 Ford F-150 leads the full-size light-duty truck competition in all environmental and economic performance areas; accordingly, ASG selected the F-150 as its Best Full-size Truck of 2015.

F-150 150
article thumbnail

President’s 2016 Budget requests $29.9B for DOE; 9% boost over FY 2015 enacted; $793M (2.7%) for sustainable transportation

Green Car Congress

billion) above the FY 2015 enacted level. billion) above the FY 2015 enacted level. The Request funds efforts to reduce the global threat posed by nuclear weapons, nuclear proliferation and unsecured or excess nuclear materials, and it supports activities that provide safe and effective propulsion for the US nuclear Navy.

article thumbnail

China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. China has made big progress in electric car technologies but still lags behind other countries in certain areas, said the report.

article thumbnail

Toyota Aims to Reduce Fuel Cell Vehicle Cost to 1/10 of Current By Commercialization in 2015; Reduction to Another 1/10 With Scale

Green Car Congress

In a news conference at the Japan National Press Club on Friday, Toyota Motor President Akio Toyoda said that the company plans to begin mass production of electric vehicles in the US in 2012, followed by US production of fuel cell vehicles in 2015. The company is working to develop a low-cost CFRP for a high-pressure hydrogen tank.

2015 315
article thumbnail

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040.

Energy 252
article thumbnail

Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

India 98