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US motorcoach industry closures surge in 2020

Green Car Congress

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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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

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The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

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IDTechEx: EV market doubles down on permanent magnets despite material costs

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The price of neodymium has remained fairly constant from 2013-2020, but 2022 saw a very sharp rise to its peak in February at 3.8 times higher than it was between 2013-2020. While some automakers have alternative motor technologies that don’t rely on rare earths, the market has not shifted in this direction significantly.

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Hyundai Motor to expand XCIENT fuel cell truck entry into US market

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Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. This has led the company to deploy a growing fleet of XCIENT Fuel Cell trucks, the world’s first mass produced fuel cell electric heavy-duty truck, in Switzerland starting in 2020, which now has achieved a cumulated range of 3.5

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Milk and gasoline: the cost of the energy they provide to fuel our bodies and automobiles

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This brief analysis examines the relative cost of the energy from milk and gasoline. The average price of conventional (not organic) whole milk in September 2020 was $3.56 Therefore, the cost of 1,000 Btu from conventional whole milk was $0.37. The average price of regular gasoline in September 2020 was $2.183 per gallon.

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BNEF: EV sales to fall 18% in 2020, overall car market by 23% in response to health and economic crisis

Green Car Congress

BloombergNEF (BNEF) forecasts that sales of electric passenger vehicles will fall 18% in 2020 to 1.7 The figures, if realized, have major implications for oil and electricity markets. The COVID-19 pandemic is set to cause a major downturn in global auto sales in 2020. million barrels per day. million units.

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IDTechEx: Sales of electric motorcycles in Europe grew 50% y-o-y in 2020

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IDTechEx expects electric motorcycle sales in Europe to have grown at least 50% year-on-year in 2020, building on the momentum of recent years. 2020 is an IDTechEx estimate based on Q1 - Q3 2020 data. 2020 is an IDTechEx estimate based on Q1 - Q3 2020 data. Source: ACEM, IDTechEx. Source: ACEM, EAFO, IDTechEx.