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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). This represents an aggressive jump compared to BNEF’s previous forecast of 35% EV new car market share by 2040.

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Efficient Drivetrains receives 30-unit PHEV bus order for City of Kunming, China

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(EDI) has received a production order for PHEV bus drivetrain systems from the city of Kunming, China. The 30-unit order brings EDI’s total China fleet size to 168 vehicles, all of which are deployed on leading OEMs across urban and rural routes in China. —Taylor Yu, Head of China Development, EDI.

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Navigant forecasts plug-in and fuel cell vehicles to be 2.5% of all vehicles in use in 2035; global parc of >2B vehicles

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The company forecasts that annual LDV sales will grow to 126.9 over the forecast period—i.e., Hybrid-electric and natural-gas (HEVs and NGVs) will account for almost 8% of global share, while plug-in hybrid (PHEV), battery-electric (BEV), and fuel-cell electric (FCV) together will add up to almost 2.5%

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Forecast: Cumulative Hybrid and Plug-in Hybrid Fleet Sales to Reach Nearly 4 Million Units By 2015

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Cumulative sales of hybrid vehicles in the fleet sector will total nearly 4 million worldwide between 2009 and 2015, according to a recent report from Pike Research. Early adopters will include government, university, and utility company fleets. However, M/HD trucks are also receiving PHEV treatments. Clint Wheelock.

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Navigant forecasts global annual sales of LDVs of 122.6M by 2035, up 38% from 2015

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In a new report, Navigant Research forecasts global annual sales of light duty vehicles will reach 122.6 Navigant expects sales of conventional internal combustion engine (ICE) vehicles will fall significantly over the forecast period, experiencing a CAGR of -6.6%. — Transportation Forecast: Light Duty Vehicles.

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IDTechEx: Market value for hybrid electric vehicles to peak at $792 billion in 2027

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In a new report—“ Full Hybrid Electric Vehicle Markets 2021-2041 ”—IDTechEx forecasts that market value for hybrid electric vehicles will peak at $792 billion in 2027. Several have not made their stance clear on HEVs and PHEVs, but some have. Forecasts are given for 2021-2041 across the various quantities and regions.

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Cornell study examines trade-off between critical metals requirement and transportation decarbonization

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b) Region-specific/vehicle-specific/battery-specific cumulative (from 2010 to 2050) demand for critical metals and the cumulative potential secondary production from recycling. (c) c) Sensitivity of cumulative requirement under different battery scenarios. Recycling w/2nd” denotes retired batteries reused as ESSs before recycling.