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Ducker survey of automakers suggests aluminum content surge in EV market; SUVs & pickups to constitute 85% of the BEV market by 2030

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A new survey of automakers and Tier 1 suppliers conducted by Ducker Carlisle concludes that as electric vehicles continue to enter the mass market, aluminum demand will grow through the end of the decade. BEV share of production nearly doubled from just under 3% in 2020 to approximately 6% in 2022.

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Strategy Analytics: following steep 2020 declines, global ride hailing market rebound in sight

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Strategy Analytics’ Automotive Connected Mobility service released its H1 2021 Global Ride-Hailing Market Update and its associated Global Ride-Hailing Forecast , tracking more than 140 unique operators across 119 different countries. over the next 10 years, with a global market recovery expected toward the end of 2022. —Roger C.

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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. million barrels a day in 2020, down around 90,000 barrels a day from 2019.

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Xpeng delivered 27k EVs in 2020; 5,700 in December

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Xpeng Inc, a Chinese smart electric vehicle company, announced its vehicle delivery results for December 2020, the fourth quarter and year-ended December 31, 2020. The company’s December deliveries represent a 326% increase year-over-year and a 35% increase from November. A total of 11,979 G3s were delivered in 2020.

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Mercom Capital Group: Battery storage, smart grid & efficiency companies raise $3.2B in funding in Q3 2020; up 165% QoQ, 777% YoY

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Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the third quarter (Q3) and first nine months (9M) of 2020. Corporate funding in Q3 2020 came to $2.8

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US motorcoach industry closures surge in 2020

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The data collected by FMCSA shows a surge in losses of authority for motorcoach operators in 2020, which means these companies are no longer providing transportation—in some cases forever. Nearly 72% of these losses of authority occurred between April and August 2020, during the height of the pandemic.

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Mercom Capital: funding for battery storage, smart grid & efficiency companies down 38% YoY in 1H 2020

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Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter (Q2) and first half (1H) of 2020. billion compared to $2.4 billion raised in 1H 2019.

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