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T&E: Electric bus orders in Europe more than doubled to 1,031 units in 2017; ~9% share of new registrations

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The number of battery-electric buses ordered in Europe more than doubled in 2017 compared to 2016, reaching 1,031 vehicles, according to a new analysis by environmental NGO Transport & Environment. T&E estimates this to be equivalent to around 9% market share of new registrations in 2018. VDL: 500 units. Solaris: 330 units.

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ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

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The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 As originally outlined by founding project partners Sasol, Petronas and Uzbekneftegaz, the project was estimated to cost some $4.1 The majority of production will be GTL diesel and GTL kerosene.

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Gevo signs definitive supply agreement with HCS Holding for commercial supply of renewable isooctane

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has entered into a definitive supply agreement with HCS Holding GmbH (HCS) to supply renewable isooctane ( earlier post ) under a five-year offtake agreement. The Supply Agreement has two phases: In the first phase, HCS will purchase isooctane produced at Gevo’s demonstration hydrocarbon plant located in Silsbee, Texas.

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

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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.

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

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The figures, if realized, have major implications for oil and electricity markets. The long-term trajectory has not changed, but the market will be bumpy for the next three years. However, the date will vary greatly depending on the market, as early as 2022 for large cars in Europe but 2030 or after for small ones in India and Japan.

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BNEF: net-zero road transport by 2050 still possible, but big push needed

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The Economic Transition Scenario (ETS), which assumes no new policies and regulations are enacted, is primarily driven by techno-economic trends and market forces. Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024.

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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

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That figure is down from 141 refineries in 2017, with 4 idle. In a letter sent to President Biden on 15 June, the AFPM (American Fuel & Petrochemical Manufacturers) and the API (American Petroleum Institute) listed what they called seven realities about the current situtation: Refined product prices are determined on the global markets.

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