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Comment on Nio's potential chip spin-off aims to pave way for supplying other automakers, report says by Neehaw Asinine

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Bai joined Nio in November 2020, previously serving as general manager of Xiaomis (HKG: 1810, OTCMKTS: XIACY) chip and advanced research department. The cost of developing the Shenji NX9031 is roughly equivalent to building 1,000 battery swap stations, Li previously said, the report by Cailian noted. million, according to the report.

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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

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Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). million units in 2020, or some 7.3% Earlier post.)

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Frost & Sullivan: inductive (wireless) EV charging to grow with 126.6% CAGR 2012-2020

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from 2012 to 2020, with approximately 351,900 units likely to be sold. Currently, inductive charging is offered as an aftermarket solution with attractive financing options. Yet, the cost of purchasing and installing an inductive charging solution is approximately 30% higher than that of conductive (wired) charging.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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billion to decarbonization in 2020, beating the previous year by 9% despite the economic disruption caused by the Covid-19 pandemic. billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. billion in 2020.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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The central government’s plan, posted on its website, is targeting the production of 500,000 plug-in hybrid and electric vehicles by 2015, with output to grow to 2 million units of those types by 2020. By 2020, average passenger car fuel consumption is to drop to 5.0 kW/kg, at a cost of 200 yuan/kW. L/100km (40 mpg US) or less.

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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

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a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The recommendation is part of the final report issued by the National Surface Transportation Infrastructure Financing Commission, “ Paying Our Way: A New Framework for Transportation Finance ”. The nation faces a crisis. Paying our Way”.

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IRENA report says tripling renewables investment required to reach 2050 climate goal

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The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8 Although this was largely due to the decreasing costs of renewables, the total installed capacity continued to grow. Global landscape of renewable energy finance in 2017-2018. C objective by mid-century.