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Adamas Intelligence expects 10-fold increase in value of rare earths to $36.2B by 2035; growth led by passenger EV traction motors

Green Car Congress

The total value of rare earth oxides consumed for the energy transition each year quadrupled between 2020 and 2022. As such, rapidly growing EV sales globally stand not only to boost NdFeB demand for EV traction motors but also for the wealth of smaller applications pervading modern electric vehicles. billion in 2022 to $36.2

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Anderman report sees strongest growth for full-hybrid systems; Li-ion batteries for hybrids may be in short supply

Green Car Congress

of total vehicle sales by 2020, the more significant story is the rapid expansion of strong-hybrid vehicles led by Toyota, Ford, and Honda, followed by Hyundai, Nissan and others. The current market share in Japan already exceeds 20%, and the world market share is estimated to exceed 5% by 2020. billion in 2020.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

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When he proposes steps to improve oil industry safety, we hope he won’t say, “Let’s make sure this never happens again.” We expected it would come from higher prices or a supply disruption—we’ve all been surprised.) How President Obama Can Announce Drive Star to Cut Oil Use in Half by 2020. No one can make that promise.

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FPL Group and Duke Energy Pledge 10-year, $600M+ Commitment to Transition Fleets to PHEVs and EVs

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Duke Energy and FPL Group will begin this transition in the coming years with the goal that 100% of all new fleet vehicles will be plug-in electric vehicles (PEVs) or plug-in hybrid electric vehicles (PHEVs) by 2020. Currently, the only near-term options for available PEV supply are sedans, minivans, vans and a few bucket trucks.

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Renewable Chemicals and Advanced Biofuels Company Gevo Files for IPO; Non-binding Letter of Intent with United Airlines for Renewable Jet Fuel

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coli bacteria for the first generation, with the isobutanol pathway now being transferred to an industrial relevant yeast) to operate in existing ethanol plants, yet produce isobutanol. Isobutanol can be dehydrated to produce butenes which have many industrial uses in the production of plastics, fibers, rubber and other polymers.

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Qatar Airways, QSTP and Qatar Petroleum to Develop Renewable Biojet Fuel with Support of Airbus; Formation of Qatar Advanced Biofuel Platform

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Qatar Airways, Qatar Science & Technology Park (QSTP) and Qatar Petroleum (QP) will jointly carry out engineering, economic analysis and move into the development of renewable biojet fuel that will also look into ways for production and supply, with the support of Airbus. Tags: Aviation Bio-hydrocarbons Biomass Fuels. Earlier post.)

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Electric Vehicle Initiative Launched at Clean Energy Ministerial in Washington DC

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At the Clean Energy Ministerial in Washington, DC, 19-20 July, ministers reaffirmed their commitment to previously-announced targets for the deployment of electric vehicles, which the International Energy Agency (IEA) estimates will create global market momentum leading to at least 20 million electric vehicles on the road worldwide by 2020.