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BNEF forecasts cumulative 26 GWh of second-life EV battery storage by 2025

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In a new report for clients, Bloomberg New Energy Finance (BNEF) forecasts that there will be 29 GWh of used EV batteries coming out of cars in 2025. In contrast, repurposing used EV batteries could cost as little as $49/kWh in 2018, with an additional $400/kWh cost to convert to stationary. The auto industry is divided on the issue.

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Benchmark Minerals: Europe’s EV gigafactory capacity pipeline to grow 6-fold to 789.2 GWh to 2030

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Just three and a half years ago, Benchmark’s lithium-ion Battery Gigafactory Assessment (September 2018) reported Europe’s battery cell capacity to be at 120GWh by 2030—enough cells for 2.2 Overall, Benchmark is forecasting Europe to have a capacity of 789.2GWh by 2030, a little over 14% of the global total of 5,454GWh.

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CAR: US light-duty vehicle sales to dip in 2019

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The Center for Automotive Research’s (CAR’s) updated automotive sales outlook forecasts US light-duty vehicle sales at 16.8 CAR’s forecast includes a continuation of sales declines in 2020 and 2021 down to 16.5 US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. million units for 2019. million units in 2021.

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BloombergNEF: electrics to take 57% of global passenger car sales, 81% of municipal bus sales by 2040

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BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. A year ago, BNEF estimated their impact on road fuel demand at 7.3

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Industry report says steel can deliver weight savings to meet CAFE targets; aluminum growth in LDVs to peak around 2018

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Aluminum companies are in an “ ebullient mood ”, WSD says, due in part to the aluminum-bodied 2015 Ford F-150 ( earlier post ) and an Aluminum Association report, authored by the Ducker Worldwide consulting group, forecasting that by 2025 three-in-four pickup trucks will have an all-aluminum body. From 2018 to 2021: 11.4%, or 166 pounds.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Navigant’s analysis indicates that only buyers in California and Oregon will purchase sufficient numbers of vehicles in order to meet the ZEV requirement in 2018 and 2019. in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report. Electric (Battery) Forecasts Plug-ins'

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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

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There are two main reasons for this, according to CRU: Shrinking automotive sales: the accumulated auto sales in China have dropped by 11.5% The price explosion in 2016-2018 prompted widespread interest and investment in lithium projects across the world as hard rock mining came to the fore. Although this marks an impressive 41.5%

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