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2018 marked a record year for the sale of battery-powered electric vehicles, according to data from JATO Dynamics. of total global sales). It was one of the highest increases among all car categories on the globalmarket, which can be explained by several factors, JATO said. —Felipe Munoz, JATO’s global analyst.
million electric vehicles to be sold globally in 2019. This will represent around a 40% growth rate, down from the 70% growth rate in 2018. million units—around 57% of the globalmarket. China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019.
According to the latest report from the United Nations (UN), the global population in 2018 was 7.6 By 2050, the global population is expected to soar to 9.7 The country had undergone the biggest urban expansion in the period, between 2001 and 2018, its BUA increase accounted for 47.5% of the total expansion in the world.
In 2019, the market share of lithium-iron-phosphate (LFP) cathode chemistry fell to 6% in global passenger EV batteries by watt-hours deployed (i.e. Overall, the combined globalmarket share of ternary cathodes (including NCM and nickel-cobalt-aluminum (NCA) varieties) in passenger EV batteries reached 90% in 2019, up from 83% in 2018.
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% In 2017, 1.1 million by 2022.
and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% China controls the market for nearly 35 precious minerals and metals that are important to the U.S. New Tungsten Production Will Open the Global Supply Chain.
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. Our conclusions are stark for fossil fuel use in road transport.
Their paper tracks fossil fuel usage and government subsidies since the the 2009 G20 summit, during which representatives from 20 countries discussed global financial and socioeconomic issues and agreed to “phase out and rationalize over the medium term inefficient fossil fuel subsidies.”. Source: Baker Institute.
Beyond its incredible energy-density and liquid phase at an ambient temperature, ammonia is an optimal fuel to achieve rapid decarbonization of heavy transportations because it is available globally with existing infrastructure already in place. —Seonghoon Woo, CEO at Amogy.
Japan is the next market to follow. Since 2018, the E-Mobility Group has bundled Daimler Trucks & Buses’ global know-how in the field of e-mobility and now defines the strategy for electric components and products across brands and segments. Global electric truck portfolio at Daimler Trucks.
The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.
In 2019, more than 14,400 tonnes of cobalt were deployed globally in batteries of newly sold passenger battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicles (HEVs), an increase of 34% over the year prior, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker.
The European car market dropped in June 2019 as 1.49 It was the biggest monthly drop so far in 2019, as only four out of the 27 markets included in JATO’s analysis posted growth but counted for a marginal 2.6% compared to the 552,500 units of June 2018. compared to the 552,500 units of June 2018. of total registrations.
GWh of battery capacity will be deployed onto roads in newly passenger EVs globally (+/- 12%). million passenger EVs (HEVs, PHEVs, BEVs) will be sold globally (+/- 10%) in 2023, translating to a sales-weighted average pack capacity of 38.7 GWh deployed onto roads globally. Additionally, Adamas projects that 19.7 kWh, up from 34.0
A new Leaderboard Report from Guidehouse Insights evaluates the strategy and execution of 21 electric vehicle (EV) upstarts, with Rivian, NIO, and Nikola ranked as the leading market players. EV markets have grown to substantial penetration rates in many regions, and governments are beginning to revise policy support.
CATL ) signed a cooperation agreement with Honda Motor in Tokyo to cooperate formally to develop electric vehicles for the future market. In 2016, Honda officially announced its strategy to accelerate electrification: its global sales of the electric vehicles including HEV, PHEV, and EV are to reach 65% of the group in 2030.
Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). Founded in 1991, GEM (Global Emerging Markets) is a $3.4-billion A tech-heavy ESG company mining in the emerging markets is a rare find.
3 with 56,500 units sold—even though this only came on the market in September—followed by the e-Golf with around 41,300 units and the Passat GTE with approximately 24,000 units. in Germany in the BEV market and 23% in the Netherlands. This brought the share of BEV and hybrid vehicles in Europe up to 12.4%
Overall, traffic congestion has increased globally during the last decade, and the 239 cities (57%) TomTom included in the new Traffic Index report had increased congestion levels between 2018 and 2019, with only 63 cities showing measurable decreases. —Ralf-Peter Schäfer, TomTom’s VP of Traffic Information.
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.
South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.
In 2018, 93% of all passenger BEVs, PHEVs and HEVs sold globally used permanent magnet (PM) traction motors, an increase of 1% over 2017 penetration rates, according to a model-by-model build-up using Adamas Intelligence’s “ EV Motor Power and Motor Metals Tracker ”.
Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.
Porsche and Boeing signed a Memorandum of Understanding to explore the premium urban air mobility market and the extension of urban traffic into airspace. With this partnership, both companies will leverage their respective market strengths and insights to study the future of premium urban air mobility vehicles.
Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. The Group introduced the first connected car services in Korea in 2003 and has since expanded the services to the globalmarket. The milestone comes one year and 10 months after reaching 5 million subscribers in August 2021.
In 2019, global deployment of nickel in passenger EV batteries amounted to 59,271 tonnes, an increase of 39% over the amount deployed in 2018, according to Adamas Intelligence’s web-based EV Battery Capacity and Battery Metals Tracker. Overall, in 2019 the sales-weighted average amount of nickel deployed globally per EV was 12.9
A new International Council on Clean Transportation (ICCT) 2 -emissions-commercial-aviation-2018">report finds that aviation emissions are increasing 70% faster than UN projections that already point to a tripling of CO 2 by 2050. of global CO 2 emissions from global fossil fuel use and a 32% increase over the past five years.
—Mark Thompson, Director of Global Strategy & Business Development, Rolls-Royce. The two companies have been working together since 2018, including on the first phase of a UK Ministry of Defense contract to undertake design studies, research, development, analysis and experimentation related to high-Mach advanced propulsion systems.
Cummins and Alstom successfully launched the very first hydrogen-powered Coradia iLint train in Germany in 2018. The facility opened earlier this year, enabling accelerated adoption of hydrogen technologies across Europe and globally. The Coradia iLint has also been successfully tested in Austria, the Netherlands, Poland and Sweden.
The 183 BYD electric buses will join the 100 electric buses that BYD and local partner Enel brought into Santiago last December, giving BYD a dominant share of more than 60% in the capital’s electric bus market. The first 100 BYD buses were delivered to Santiago in December 2018. The existing fleet of K9FEs operating in Santiago.
Kia Motors Corporation plans to expand its partnerships with global mobility companies to meet the needs of a diverse range of customers worldwide. Kia will further enhance its collaboration with global partners to offer regionally customized mobility services as it implements its ‘Plan S’ strategy. —President Song.
It marks the first in a series of six LNG-fueled ships of the same size and type that HSHI has been constructing over the past years after signing an agreement with EPS in April 2018, with the last delivery scheduled for the third quarter of 2022.
We will continue to focus on technological innovation and product research and development, which will support DFM in enhancing its own technology and broader market positioning with in-wheel motors. —Andrew Whitehead, CEO of Protean Electric.
Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.
has entered into a strategic partnership with Curbtender , a market leader in Under CDL (vehicles that do not require a Commercial Drivers License) refuse trucks and a pioneer in automated side-loader collection. XL Fleet Corp. Refuse collection trucks travel 25,000 miles annually on average and contribute around 1.4%
In a 2018 open-access paper published in Scientific Reports , a team of Japanese researchers noted that deep-sea mud containing more than 5,000 ppm total rare-earth elements and yttrium (REY content was discovered in the western North Pacific Ocean near Minami-Torishima in 2013. The resource amount was estimated to be 1.2 Yasukawa, K.,
Global EV sales reached 7.7 million units in 2018, and are anticipated to reach 51.6 China is the largest EV market in the world, with annual sales of battery electric vehicles (BEVs) of five million units in 2022. The presence of market leader China in the APAC region is the key factor for its major share.
In response to the global trend toward decarbonization, the shipping industry is also stepping up its environmental initiatives. According to the International Maritime Organization (IMO), overall carbon dioxide emissions from shipping increased nearly 10% from 2012–2018, accounting for 2.9% of global anthropogenic emissions.
Initially, service coverage will be provided to the Chinese market and the Asia-Pacific region with plans for expanding global coverage after 2026. Many favorable factors such as policy support and market demand is accelerating the growth of the commercial aerospace sector. —Tony Wang, CEO and Chief Scientist of Geespace.
trillion) in two new fuel cell plants in Korea to accelerate the hydrogen economy and to secure broader globalmarket dominance. In 2018, the company became the world’s first to set up a complete production system from fuel cell stack to rest of electronic components in Chungju. Hyundai Mobis will invest US$1.1 billion (KRW 1.3
For comparison, global final electricity consumption was just over 22,300 terawatt-hours in 2018, the most recent year for which statistics are available, according to the International Energy Agency. This does not represent what could be economically feasible or what the markets could actually support. 2020.08.080.
The all-new Note Aura comes exclusively with Nissan’s e-POWER electrified powertrain ( earlier post ), a key part of the company’s electrification strategy under the Nissan NEXT global business transformation plan. e-POWER uses a highly efficient gasoline engine to generate electricity for the electric motor that propels the vehicle.
After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. —Jon Moore, CEO of BNEF.
In 2026, SSAB aims to supply the market with fossil-free steel at a commercial scale. The global steel industry accounts for around 7% of global direct carbon emissions, due to the fact that the industry is currently dominated by an iron ore-based steel making technology, using blast furnaces depending on coking coal.
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