Remove 2017 Remove Cost Of Remove Forecast Remove Global
article thumbnail

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

Green Car Congress

trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4 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%. Coal’s share in primary energy in 2017 fell to 27.6%, the lowest since 2004.

Wind 220
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

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

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. The global truck market is about 3.7 million by 2017. The global truck market is about 3.7 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%

2017 218
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. rise in global manufacturing of all motor vehicles expected in 2014. In December 2013, IHS projected total global automotive sales in 2014 of 85 million, roughly resulting in an expected approximate 0.5% share for PEVs in the global market this year.

Plug-in 314
article thumbnail

Pike Research forecasts global stop-start vehicle sales to reach 37M units annually by 2020; 16:1 ratio over HEVs

Green Car Congress

Annual sales of SSVs and hybrid electric vehicles (HEVs), world markets, 2011-2017. Global sales of stop-start vehicles (SSVs) will experience strong growth in the coming decade, rising from 3 million units in 2011 to 37.3 That gap will widen to a 16 to 1 ratio by 2017 because of the lower cost of SSVs compared to HEVs, Pike projects.

2020 225
article thumbnail

BNEF: EV sales to fall 18% in 2020, overall car market by 23% in response to health and economic crisis

Green Car Congress

BloombergNEF (BNEF) forecasts that sales of electric passenger vehicles will fall 18% in 2020 to 1.7 BNEF’s latest annual Long-Term Electric Vehicle Outlook shows electric models accounting for 58% of new passenger car sales globally by 2040, and 31% of the whole car fleet. to global electricity demand by 2040. million units.

2020 243