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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 The cost of geopolitics. Closing this 2.7

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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

Green Car Congress

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% million vehicles in 2015 to 3.9 between 2015 and 2025. However, the collapse in global oil prices has eroded a significant portion of the natural gas cost advantage.

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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

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. This would be equivalent to nearly 8% of global electricity demand in 2015. Lithium-ion battery costs have already dropped by 65% since 2010, reaching $350 per kWh last year.

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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

Green Car Congress

A new report from Pike Research forecasts that the global natural gas vehicle (NGV) sector is poised for a new period of growth. The cleantech market intelligence firm forecasts that the number of NGVs on the road worldwide will grow to 17 million vehicles by 2015, up from 9.7 between 2008 and 2015 (compared to 2.7%

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How HummingbirdEV uses modular platforms and micro-factories to lower the cost of commercial EVs

Charged EVs

California-based HummingbirdEV, which was founded in 2015, is taking a different approach. Hummingbird is addressing several global markets—it has customers in the US, Europe and China, and is now making a major push into India and the GCC (Persian Gulf) region. For example, Dana is in the US, Dana is in India, Dana is there globally.

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Using modular platforms and micro-factories to lower the cost of commercial EVs – Charged EVs

Baua Electric

California-based HummingbirdEV, which was founded in 2015, is taking a different approach. Hummingbird is addressing several global markets—it has customers in the US, Europe and China, and is now making a major push into India and the GCC (Persian Gulf) region. For example, Dana is in the US, Dana is in India, Dana is there globally.

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How HummingbirdEV uses modular platforms and micro-factories to lower the cost of commercial EVs – Charged EVs

Baua Electric

California-based HummingbirdEV, which was founded in 2015, is taking a different approach. Hummingbird is addressing several global markets—it has customers in the US, Europe and China, and is now making a major push into India and the GCC (Persian Gulf) region. For example, Dana is in the US, Dana is in India, Dana is there globally.