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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

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Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. However, the study reveals there has been an increase in interest in the US and Chinese markets. However, what drives someone to make the purchase is beyond these benefits.

Global 429
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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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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. “ —Gabriel Collins. —Gabriel Collins.

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 million units in March 2020, down by 39% from March 2019. —Felipe Munoz, JATO’s global analyst. million units.

Europe 261
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Report: Toyota to begin mass production in China in 2019 of EVs based on C-HR

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Japan’s Asahi Shimbun reports that Toyota will begin mass production of EVs in China in 2019, using the C-HR crossover ( earlier post ) as the base. The report says that the C-HR-based EV will be limited to the Chinese market, and that Toyota aims to introduce another mass-produced EV in 2020.

2019 170
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GAC Motor targeting 1M unit sales by 2020, 20% new energy vehicles; entering US market by 2019; transition to electric “may be quite long”

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GAC Motor was one of the few automakers, and the only Chinese auto brand, to take the main stage at last week’s Michelin Movin’On 2017 global sustainable mobility summit in Montreal. GAC has already established its first North America R&D Center in Silicon Valley, and plans to to enter the US market no later than 2019.

2019 150
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2023 EV registrations in Europe surpass two million units, setting new record – Charged EVs

Baua Electric

“Europe’s automotive market appears to be normalizing,” said Felipe Munoz, Global Analyst at JATO Dynamics. Despite this, it is unlikely we will see volumes surpass the 15 million units recorded in 2019. Purchasing a vehicle has become more expensive, and attitudes to ownership continue to change.” Chinese brands now available.

Europe 52
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Roskill: refined lithium supply expected to treble to 900kt by 2027, driven by use in batteries

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Automotive applications were the largest market for Li-ion batteries in 2017, with Chinese sales of plug-in electric vehicles (PEV) increasing by around 20% y-o-y. This placed strain on the battery supply chain which is likely to continue, with Roskill estimating that Chinese PEV sales could reach around one million units in 2021.

Supplies 218