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Pike Research forecasts clean diesels to represent more than 12% of global light-duty vehicle sales by 2018; outpacing hybrids in North America

Green Car Congress

Annual clean diesel ldv sales by region, world markets: 2012-2018. A new report from Pike Research finds that rising fuel prices and stronger fuel economy regulations will stimulate increasing demand for clean diesel vehicles in markets around the world, and forecasts sales of these vehicles will increase from 9.1 Click to enlarge.

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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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Benchmark: Saudi Arabia is building an EV battery supply chain

Green Car Congress

Although the Saudi government has been investing into the EV sector since 2018, the midstream and upstream segments are still in their early stages, Benchmark noted. The Saudi advantage lies in relatively low reagent costs and government incentives like tax, land, and capital support, said Benchmark consultant Ahmed Mehdi.

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

Green Car Congress

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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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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Data and analytics company GlobalData forecasts that the demand for lithium needed for the production of lithium-ion batteries for use in EVs will more than double from 26.7kt in 2018 to 58.3kt in 2022. According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6%

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UK launching £400M vehicle charging infrastructure fund; putting extra £100M to support for buying EVs

Green Car Congress

From April 2018, there will be no benefit-in-kind charge on electricity that employers provide to charge employees’ electric vehicles. The money will come from a temporary rise in Company Car Tax and Vehicle Excise Duty on new diesel cars.

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Next 10 report says widespread EV adoption in California could deliver significant economic benefits to the state by 2030 and 2050

Green Car Congress

California’s 2018 GSP was almost $3 trillion ($2,997,732.8 boost over the 2018 GSP. This overall economic expansion generates billions in additional revenue per year from existing tax instruments. million, according to the Federal Reserve Bank of St. Louis (FRED)). Thus, the EV influx would provide approximately a 2.7%