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Navigant forecasts global light duty electrified vehicle sales to exceed 6.0M in 2024; PEVs to account for roughly half

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In a new report, Electric Vehicle Market Forecasts , Navigant research projects that under its base scenario, global sales of light duty electrified vehicles (i.e., vehicles that use electricity for traction, including hybrids, plug-in hybrids, and battery-electrics) will grow from 2.6 million vehicle sales in 2015 to more than 6.0

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Navigant Research: plug-in electric vehicles close to becoming leading alternative fuel platform, best positioned to lead future

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In 2019, multiple deployments of long-range battery EVs (BEVs) in crossover classes, as well as Tesla reaching full-scale production on the Model 3 and expanding its vehicle shipments to markets abroad, are setting the stage for continued market growth, Navigant says. —Scott Shepard, senior research analyst with Navigant Research.

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Navigant forecasts global sales of light-duty stop-start vehicles to grow from 19M in 2015 to 59 million by 2024

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In a new report, Navigant Research forecasts that total annual global light-duty start-stop vehicle (SSVs) sales will reach 59 million, accounting for 55% of all light duty vehicle sales. —“ Start-Stop Vehicles ”.

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IEE forecasts electric-drive LDVs could constitute between 2 to 12% of US vehicle stock by 2035

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Under its most conservative of scenarios, more than 5 million light-duty electric-drive vehicles will be on the road in the US by 2035, according to a new forecast by IEE , an institue of the Edison Foundation. In this, electric light duty vehicles (LDVs) represent 2% of the registered vehicle stock (5.3

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SK Innovation to end Li-ion JV with Continental due to slow demand growth for EVs

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Yonhap News reported that SK Innovation Company will end the battery-pack joint venture with German partner Continental AG ( earlier post ) due to slow growth in demand for electric cars. We will continue to research and develop batteries for electric vehicles in the future. Earlier post.). billion won (US$13.87

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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Energy consumption by light-duty vehicles in the United States, AEO2013 and AEO2014, 1995-2040 (quadrillion Btu). T he Brent crude oil spot price declines from $112 per barrel (bbl) (in 2012 dollars) in 2012 to $92/bbl in 2017. LDV energy consumption declines in AEO2014 Reference case from 16.0 quadrillion Btu in 2012 to 12.1

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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

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A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. At the core of this forecast is the work we have done on EV battery prices. —Colin McKerracher, lead advanced transportation analyst at BNEF.

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