Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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2015 forecast share by region. In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. million units in 2015. ). Forecasts Market Background Sales

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IEA March Oil Market Report revises 2015 demand forecast upward

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mb/d for the current quarter, according to the IEA Oil Market Report for March. IEA raised its forecast of demand growth for all of 2015 by 75 kb/d to 1.0 expected US crude supply, raising the 2015 North American outlook. The slightly higher demand forecast has raised the “call” on OPEC crude for the second half of 2015 to 30.3 mb/d for the first half of 2015, down from a sharp 2.2 Having bottomed?out

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Trending Sources

Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices.

Navigant expects global market for automotive Li-ion batteries to hit $30.6 billion in 2024; almost 4x 2015 market

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In a new report, Navigant Research forecasts the global market for Li-ion batteries in light duty and medium/heavy duty vehicles will almost quadruple from $7.8 billion in 2015 to $30.6 In addition, the expected steady lowering of per-kilowatt-hour costs will encourage the plug-in electric vehicle market if manufacturers pass the savings on to customers. GWh in 2015 to 93.1

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Toyota developing LPG hybrid taxi for Japan market

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Toyota plans to launch a new taxi for the Japanese market before April 2018, and is currently working on developing an updated version of its JPN Taxi Concept, which made its global debut at the 2013 Tokyo Motor Show.

2015 101

Audi e-gas plant qualified to participate in balancing market to stabilize grid

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After successfully completing a test sequence, the plant is now qualified for participating in the electricity balancing market. In the German electrical energy mix, the share of renewable energies is growing rapidly, reaching 33% in the first half of 2015.

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T&E report: electric cars sales in Europe doubled in 2015; now at 1% market share

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Roughly 145,000 new electric vehicles (EV) were sold in Europe in 2015—double the 2014 tally, according to a recent T&E report. Currently, there are 34 EV models on the European market available, including battery-, plug-in-hybrid- and range-extended-electric vehicles.

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Daimler enters stationary energy storage market with ACCUmotive battery systems; 500 kWh unit already on line for grid stabilization

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Daimler is entering the commercial and residential stationary energy storage system (ESS) market with its wholly-owned subsidiary Deutsche ACCUmotive. KG develops, produces and markets Li-ion traction batteries for Mercedes-Benz and smart hybrid and electric vehicles.

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Lux forecasts global driver assist market to grow to $102B market by 2030

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In terms of technology that will be introduced, cars using lidar sensors will hit the road in 2018, although lidar will be a small portion of the overall opportunity in the automotive market, growing to $2.5

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Lux: China’s advanced energy storage market to quadruple to $8.7B in 2025; 85% share by transport

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Driven by environmental problems, a growing auto industry, and a big policy push, China’s advanced energy storage market will be worth $8.7 Transportation’s share of the market will grow to 29 GWh; the stationary market, at 2.3

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

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IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4

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Efficient Drivetrains develops PHEV SUV for Asian market

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According to figures from the China Passenger Car Association cited by ChinaAutoWeb , the four plug-in hybrid electric vehicles currently on sale in China posted a combined 8,102 units during the first quarter of 2015, with the BYD Qin dominating sales with 6,319 units (78%).

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EuroCarBody Award 2015 goes to the Carbon Core body of the new BMW 7 Series

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The Carbon Core body structure of the new BMW 7 Series has been awarded the EuroCarBody Award 2015 at the 17 th Global Car Body Benchmarking Conference.

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Cooperation of Daimler and Renault-Nissan Alliance accelerates, strengthens in 2015

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The partnership between the Renault-Nissan Alliance and Daimler AG accelerated and strengthened as it entered its sixth year in 2015, the companies’ leaders said today in a media update given during the Frankfurt International Motor Show. It has accelerated the time-to-market for vehicle launches and has been an obvious strategic advantage for each partner. Market Background Vehicle Manufacturers

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Quantum develops 5000 psi CNG tank for virtual pipeline market

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US-based Quantum Fuel Systems Technologies Worldwide has developed an innovative 5,000 psi (345 bar) tank for the emerging CNG virtual pipeline market and has shipped the first 100 units to an overseas customer.

2015 85

Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

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While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending American lithium boom. Batteries Market Background Opinionby James Stafford of Oilprice.com.

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JRC report finds electric vehicles in Europe on the way to full-scale commercialization

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The number of sold electric vehicles of all types rose from 760 in 2010 to more than 70,000 in 2014, with the trend continuing in the first half of 2015, according to the report. Member States with low or no incentives display low numbers of registrations and EV shares on the market.

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Ford Car Buying Trends 2015 shows increasing demand for semi-autonomous driving technologies in Europe

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Ford Car Buying Trends 2015 , a study of new car buying habits in 22 countries across Europe, highlights regional trends and national differences. —Roelant de Waard, vice president, Marketing, Sales and Service, Ford of Europe. Autonomous driving Driver Assistance Systems Europe Market Background SalesEuropean drivers are showing an increasing appetite for semi-autonomous driving technologies, according to a new Ford Motor Company study on buying trends in Europe.

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ARB sees beginning of market penetration of battery-electric medium- and heavy-duty trucks and buses

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Overall, the assessment finds that BEVs are beginning to penetrate the medium- and heavy-duty vehicle markets. GVWR) market with continued penetration for delivery vehicles and shuttle buses. Battery electric transit buses will continue to increase their market share.

2015 85

DOE awards more than $20M to advance fuel cell technologies; new report highlights strong market growth

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The announcement of the latest investment come along with release of a new DOE report—“ Fuel Cell Technologies Market Report 2014 ”—showing the fuel cell industry is continuing to grow at an unprecedented rate, totaling more than $2.2 Market report.

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Nissan LEAF is best-selling electric car in Europe for fourth year in a row; 26% market share

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The battery-electric Nissan LEAF has topped its own European sales record with a 33% increase in European sales in 2014 over the previous year, taking 26% of the burgeoning electric car market with 14,658 sales out of a total 56,393, according to figures from Nissan.

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New smart fortwo making official premiere in China at Auto Shanghai; China to be largest market

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Following the successful market launch in Europe with a surge in new registrations (+22.7% as at March), the city coupé will be available in China from August 2015. China is well on the way to becoming the largest market worldwide for smart.

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2015 Harris Poll finds 48% of US car owners would consider hybrid for new car, same as in 2013; plug-in consideration up 2 points

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A new Harris Poll of 2,225 US adults (aged 18 and older) has found that 48% of American car owners (or anticipated owners) say they’d consider a traditional hybrid the next time they’re in the market for a new vehicle—a result identical to 2013 findings. 2013 and 2014 each saw sales for electrified vehicles—hybrids, plug-in hybrids and battery-electric vehicles—exceeding the half-million mark, and 2015 is on track for a repeat.

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2016 Hyundai Sonata Plug-In Hybrid coming to market with EPA-estimated 27-mile electric range; starts at $34,600

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The 2016 Hyundai Sonata Plug-in Hybrid Electric Vehicle (PHEV) is arriving in select dealerships in 10 states this week with an EPA-estimated 27-mile (43.5-kilometer) All-Electric Range (AER).

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

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million vehicles in 2015 to 3.9 Overall, Navigant expects the worldwide market for light-duty NGVs to grow at a compound annual growth rate (CAGR) of 4.3% between 2015 and 2025. Navigant expects Asia Pacific to remain the largest market, with more than 1.56

2015 78

PwC: Chinese automotive market decelerating faster than anticipated

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The automotive market in China is declining faster than expected due to economic uncertainty and government restrictions over vehicle ownership. While overall sales growth has been slowing and market share battles are becoming increasingly competitive in the Chinese car and minivan market, the SUV and multipurpose vehicles (MPV) segments show significant strength. The PwC forecast calls for the potential of a restrained market result of approximately 4.6%

2015 65

Anderman report projects annual global EV and PHEV market to grow four-fold to 1.4M vehicles between 2014 and 2020

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The 2015 xEV Industry Insider Report by Dr. Menahem Anderman, released this week, projects that the combined annual global electric vehicle (EV) and plug-in hybrid electric vehicle (PHEV) market will grow fourfold from 350,000 to 1.4 The report reveals sharper growth for PHEVs than for EVs, with government regulations heavily impacting regional market direction. Other battery market highlights from the report include: The NiMH market peaked at about 1.5

2015 81

Opinion: Saudis Planning For A War Of Attrition In Europe With Russia’s Oil Industry

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Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russian oil production is expected to rise by a modest 70,000 barrels per day in 2015, averaging 10.75

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Forecast: marine hybrid propulsion market to reach $4.5B by 2022

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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. Among end users, ferries dominate the global marine hybrid propulsion market in terms of installation.

2015 65

JATO Dynamics: 2016 will be record year for plug-ins with global sales in excess of 700K units; China to begin dominating the market

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By 2022, the Chinese market is expected to account for half of global sales—almost 1.5 million, 31%) and the US (800,000, 15%) still responsible for the vast majority of sales, according to the report From Fiction To Reality: The Evolution Of Electric Vehicles 2013 - 2015.

2015 85

DOE releases three reports showing strong growth in US fuel cell and hydrogen technologies market

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The US Department of Energy (DOE) released three new reports today showcasing strong growth across the US fuel cell and hydrogen technologies market. According to these reports, the United States continues to be one of the world’s largest and fastest growing markets for fuel cell and hydrogen technologies. The State of the States, Fuel Cells in America 2015 report highlights leadership among US states to grow domestic fuel cell manufacturing and deployment.

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Navigant forecasts energy storage enabling technologies revenue to total nearly $75B from 2015 to 2024

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Navigant Research forecasts that worldwide energy storage enabling technology (ESET) revenue will total nearly $75 billion from 2015 to 2024. The report analyzes the ESET global market across four distinct market segments: utility-scale storage; community storage; residential storage; and commercial storage, including global market forecasts through 2024. million in 2015 to $21.5

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Is Chevy Actually Testing New Marketing For The 2016 Volt?

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Marketing sales Plug-In Hybrids dealers Chevy Volt plug-in cars dealerships Test driveThe new 2016 Chevrolet Volt plug-in hybrid keeps and expands on all the good points of the first-generation Volt, while fixing a number of the old car's quirks. As we wrote in September, "The new Volt's a great car, and brings practical electric drive to U.S. drivers without a shred of range anxiety." But, we noted, "We just hope that Chevrolet's.

2015 63

NADA forecasts light-duty vehicle sales of 16.94M in US in 2015; 56% trucks and SUVs

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million in 2015, according to the National Automobile Dealers Association. The split among the segments this year is expected to be 44% cars and 56% light trucks and SUVs because of lower gasoline prices, increased job growth and an improving housing market. The pickup truck segment, in particular, is expected to benefit from an improving housing market, climbing to 15.2% On the downside, small and mid-sized cars are likely to face a tougher market in 2015.

2015 69

Amyris achieves record low cost farnesene production; sales growth in performance polymers and industrial solvents markets

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per liter (US$6.63/gallon) for farnesene in September 2015. The company has also accelerated its sales activity relating to high-performance polymer-grade farnesene for the polymers market and Myralene as a replacement for higher-priced limonene. Myralene is a higher-performance industrial solvent compared to equivalent products on the market and a lower cost alternative to limonene at current prices.

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Navigant: sales of light duty vehicles to total more than 2.1 billion from 2015 to 2035

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billion from 2015 to 2035. million vehicles in 2015 to 122.6 Navigant expects the vast majority of growth in the LDV market over the forecast period to come from developing countries in Asia Pacific, specifically China and India. Global market forecasts for sales and the number of vehicles in use, segmented by country, drivetrain, and primary fuel, extend through 2035.

2015 60

Verizon Telematics’ aftermarket connected vehicle solution now on market: hum

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Verizon Telematics announced the commercial availability of hum, an aftermarket vehicle connectivity technology and subscription service. First announced in January at the North American International Auto Show as Verizon Vehicle, hum provides subscribers with a self-installed solution that helps predict potential issues, prevents breakdowns and offers protection when problems do arise.

2015 65

IHS forecasts global EV charger market to grow to more than 12.7M units in 2020

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The global EV Charger (EVC) market is forecast to grow from more than 1 million units in 2014 to more than 12.7 million units in 2020, according to a new EV Charging Infrastructure report by IHS Inc. IHS Automotive foresees that AC charging—i.e., Level 1 and 2 charging, the dominant type now—will play a crucial role in the public domain of the EV charging infrastructure.

2015 78

ABI Research: Mercedes-Benz, Volvo, and BMW continue to dominate ADAS market

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Mercedes-Benz, Volvo, and BMW continue to be the top three players in the consumer Advanced Driver Assistance Systems (ADAS) market, according to a new competitive assessment from ABI Research. Thus, OEMs whose sales are strong in this region demonstrate the largest market share.

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Total alternative fuel vehicle reg in Europe up 17.4% in Q2 2015, EVs up 53%; EVs up 78.4% for H1

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In the second quarter of 2015, total alternative fuel vehicle registrations in the EU increased (+17.4%), totalling 143,595, according to figures from the ACEA. Of these, electric vehicle (EV) registrations—Battery Electric Vehicles (BEVs) + Plug‐in Hybrid Electric Vehicles (PHEVs) + Fuel Cell Electric Vehicles (FCEVs)—significantly grew (+53.0%), rising from 18,024 units in Q2 2014 to 27,575 units in Q2 2015. of the new vehicle market. H1 2015 sales.

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