article thumbnail

Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

Green Car Congress

According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. billion by 2017, the market intelligence firm forecasts.

Li-ion 324
article thumbnail

Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

The levelized cost of electricity (LCOE) from new PV plants is forecast to fall a further 71% by 2050, while that for onshore wind drops by a further 58%. The latest BP Annual Energy Outlook found that in 2017, renewables grew strongly in 2017, with wind and solar leading the way. levels below 450 parts per million.

Wind 220
article thumbnail

Pike Research forecasts global hybrid medium- and heavy-duty truck sales to surpass 100,000 vehicles annually by 2017; about 2.1% of total MD/HD sales

Green Car Congress

MD/HD HEV Truck Sales as percentage of ICE trucks, World Markets: 2011 and, 2017. million by 2017. million by 2017. Overall, Pike Research forecasts that the market for hybrid and plug-in trucks will grow at an annual rate of 47.2% between 2011 and 2017 to reach 100,746 trucks, or about 2.1% Source: Pike Research.

2017 218
article thumbnail

Lux forecasts micro-hybrids to grow to 39M vehicles in 2017, creating a $6.9B battery market

Green Car Congress

Micro-hybrids will grow nearly eight-fold to 39 million vehicles in 2017 and create a $6.9 million vehicles in 2017, accounting for 1.6% million units in 2017 and the US will zoom from minuscule levels today to more than 8 million in 2017. Simultaneously, mild hybrids will rise from near-zero to 1.5 of the auto market.

2017 262
article thumbnail

ABI Research: 16B ride-hailing trips completed globally in 2017, 24B expected in 2018; 70% in Asia

Green Car Congress

A recent mobility study by ABI Research on regional ride-hailing markets found that 16 billion ride-hailing trips were completed worldwide in 2017. ABI forecasts that 24 billion completed trips by the end of 2018. This has spurred the growth of dynamic ride-hailing services, where the average cost of a trip can be as low as US$0.10

Asia 199
article thumbnail

Deloitte and Douglas-Westwood Study Forecasts Decomissioning Costs of UK North Sea Oil and Gas Platforms Could Exceed $30B

Green Car Congress

New research released by Deloitte and Douglas-Westwood finds that the total cost of decommissioning the more than 260 offshore oil and gas platforms—including the associated wells, manifolds, pipelines and umbilicals—on the UK Continental Shelf (UKCS) could be in excess of $30 billion over the next 30 years.

Cost Of 170
article thumbnail

IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

Green Car Congress

Global electric vehicle production forecast for 2014. Although the product is more expensive than a domestic AC charger, suppliers are confident that the cost of a domestic DC charger can be brought down over time, with installations likely in Europe and China. Electric (Battery) Forecasts Hybrids Manufacturing Plug-ins'

Plug-in 314