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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.)

Financing 283
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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.

2020 321
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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

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interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9% For this project with high value creation potential, our partner Tsingshan will provide its industrial expertise and financing capabilities needed for the construction of the plant.

Argentina 335
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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.

Climate 349
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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

Folsom, California, 15 October 2020. EV Life’s Climate Loan aims to lower the monthly cost of an EV by up to $200/month. With the threat of climate change, we can’t afford to wait until 2024 for the purchase price of EVs to be cost-competitive. This new CalSEED grant will fund the development of an EV Climate Loan platform.

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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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In the IEA’s global pathway to reach Net Zero Emissions by 2050, nuclear power doubles between 2020 and 2050, with construction of new plants needed in all countries that are open to the technology. Government financing will remain necessary to mobilise new investment, not just for plants but also to develop the latest technologies.

Russia 458
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Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

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After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit-approved customers. More details on future Fisker models will be shared throughout 2020.