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Fitch Solutions forecasts nickel demand for EV batteries to grow 29.2% per year to 2030

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This estimate is a significant increase from the market analysis firm’s 2018 forecast, due to upwards revisions in its EV sales forecasts. Fitch bases its forecast on the underlying assumption that NMC 811 cathodes will rise to 80.0% of NMC market share by 2027—effectively raising the average nickel content.

Batteries 358
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US Xpress releases trucking industry forecast; driver turnover, truckload capacity and load volumes significantly impact market

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one of the US’ largest asset-based truckload carriers by revenue, released its September industry forecast spotlighting key economic trends and updates specific to the trucking industry. Carrier bankruptcies nearly quadrupled from 2018 to 2019 and continually rising insurance premiums will further hobble small carriers. US Xpress, Inc.,

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Adamas Intelligence forecasts global passenger EV market to deploy 762.9 GWh onto roads in 2023; December rule of thumb

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From 2015 through 2018, the rule of thumb predictions were accurate to within a range of +5% and -12%. This was due to a spike in EV sales in December 2018 in China in advance of subsidy rollbacks that provided a false signal for the year ahead. From 2015 through 2018, the rule of thumb predictions were accurate to within 10%.

Global 195
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Strategy Analytics forecasts strong growth in automotive sensors driven by EV demand

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Strategy Analytics forecasts that automotive sensor market growth will be driven by an expected increase in demand for electric vehicles. The subsequent market for xEV automotive sensors will grow to $1.2 over the 2019 – 2024 timeframe. over the 2019 – 2024 timeframe. billion by 2027.

Market 284
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Ethanol production in Germany fell 12.88% last year from 2018; market share of E10 up 1 percentage point

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The German Bioethanol Industry Association (BDBe) has published the 2019 market data for the production and consumption of certified sustainable bioethanol. Sales of bioethanol were roughly on par with the previous year, with the market share of Super E10 rising by almost one percentage point to 13.7%. less than in the previous year.

2018 243
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IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

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In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 European Light Commercial Vehicle Sales 2018. IDTechEx says that the light commercial vehicle market is uniquely positioned to rapidly transition to electric vehicles. million units annually by 2030.

Global 259
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Frost & Sullivan forecasts rapid growth in tire pressure monitoring systems market; $386.6M by 2018

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The consultancy estimates that the market earned revenues of more than $111.7 million by 2018. By 2014, nearly 38% of vehicles in North America will feature TPMS—a 13% increase from 2011—thus, increasing the addressable market size. This installed base is forecast to grow to 36.7 million by 2018.

2018 225