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IDTechEx: Nio spearheading battery swapping expansion beyond China

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Battery swap stations are Nio’s signature replenishment facility, and it is currently the only company offering such models to the general consumer. There are also other companies in China that offer models with battery swap support, but for the taxi market. Swapping to become more efficient by using smaller batteries.

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Roskill forecasts Li-ion battery demand to increase more than ten-fold by 2029 to >1,800GWh

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Roskill forecasts that Li-ion battery demand will increase more than ten-fold by 2029, reaching in excess of 1,800GWh capacity. The pipeline capacity of battery gigafactories is reported by Roskill to exceed 2,000GWh in 2029, at more than 145 facilities globally.

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BYD Chairman forecasts falling profit margins in 2024

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BYD Chairman Wang Chuanfu forecasts falling profit margins in 2024 but remains confident that the company will maintain stable profitability. BYD sells pure battery electric vehicles (BEVs) and plug-in hybrids. The post BYD Chairman forecasts falling profit margins in 2024 appeared first on TESLARATI.

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Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

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Benchmark’s high case scenario forecasts that 7.0 TWh of batteries will be needed in 2030, compared to 3.9 With the amount of lithium production forecast by Benchmark for 2030, only 3.2 TWh of lithium ion batteries can be produced, highlighting that the mineral is a constraining factor. million EVs. TWh in the high case.

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Navigant Research forecasts plug-ins will be 2.4% of global new vehicle sales by 2023; luxury brands to represent about 50% of that

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Navigant Research forecasts that plug-in EVs (which include plug-in hybrids and battery EVs), will represent 2.4% Accordingly, Navigant expects this luxury brand push to increase global sales of plug-in EVs significantly in the near term. —“Electric Vehicle Market Forecasts”. million units.

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IDTechEX: solid-state battery market will grow to $8B by 2031

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. Under most of the mass-production plans, the solid-state battery will likely take off after 2025, although small-scale production may happen even earlier, IDTechEX said. Major solid-state battery players globally.

Market 418
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IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

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Global electric vehicle production forecast for 2014. Driven by tighter emission standards in Europe, worldwide production of plug-in electric vehicles(PEVs)—including both battery-electric (BEV) and plug-in hybrid (PHEV) models—will increase by 67% this year, according to IHS Automotive, driven by Polk.

Plug-in 314