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IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

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Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. By 2026, IHS Markit forecasts the global market for automotive semiconductors to reach $67.6

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. would purchase 500 battery electric buses. Europe is behind on hybrid bus deployments, although stimulus. from 2012 to 2018.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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DB has lowered its advanced lithium-ion battery cost projection by about 30% for 2012. In DB’s Fall 2009 note, they had forecast 12% growth. Based on discussions with industry experts and several automakers, the DB Auto team has lowered its advanced lithium ion battery cost projection by about 30% for 2012.

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PRTM Analysis Finds Li-ion Battery Overcapacity Estimates Largely Unfounded, with Potential Shortfalls Looming; Total Market Demand in 2020 Will Require 4x Capacity Announced To Date

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PRTM concludes that the large format Li-ion battery market could be under-supplied by nearly 10% by 2016. PRTM’s assessment, based on what it called a thorough review of the operational market dynamics, found the following: Under a “Most Probable” scenario, battery manufacturing capacity will hit a shortfall by 2016. Click to enlarge.

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KBR Awarded Contract by Chemetall Foote Corp. for Lithium Hydroxide Operation Expansion

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million grant from the US Department of Energy to expand and upgrade the production of lithium materials for advanced transportation batteries. KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets.

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PwC industry survey provides check-up on determining factors for EV success

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Global hybrid + EV assembly forecast. hybrids and plug-in hybrids vs. battery EVs); pricing; power generation investment and capacity; funding and developing an infrastructure; and energy sources for electricity. Source: PwC. Click to enlarge. —Brandon Mason, Autofacts senior analyst.