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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.

PHEV 170
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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., Under a conservative scenario, Navigant forecasts more than 5.8 Under a conservative scenario, Navigant forecasts more than 5.8 Electric Vehicle Market Forecasts”.

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AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

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Such economic benefits could be realized earlier through effective policies which reduce first mover costs in the short term and promote rapid take-up once non-ICE vehicle price premiums reduce to levels that make them affordable to. The provision of charging infrastructure. Assumes there is Level 1 household charging.

PHEV 210
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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

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Pike Research further estimates that charging station sales in Asia-Pacific will reach more than 860,000 units at a CAGR of 91% (2010-2015) and revenue of more than $865 million in 2015. Two key drivers of EV adoption include climate concerns and oil prices. Electrified vehicle shipments will grow rapidly in the region.

Asia 236
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Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

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Overall, worldwide sales forecasts—and hence the related production forecasts for EVs and PHEVs—are more conservative than in the preceding survey period. Forecasts for vehicle sales in China, the US and Japan have been corrected downward. Source: Roland Berger. Click to enlarge.

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Study Finds EVs Economically and Financially Viable in New South Wales, Australia Market Today

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AECOM developed an economic model to assess viability and a vehicle choice model to forecast take-up of different engine configurations. Scenario 1: Household Charging Only (Level 1 - more than 3 hrs per 40 km). Scenario 3: Household Charging (Level 1 and 2), Public Charging Stations plus Electric Vehicle Service Stations (2.5

Australia 199
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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

Because [Ford] can provide the hardware, but ultimately, our country has to decide is this where we really want to go and if so, how are we going to really develop the smart grid in a way that works and allows the utilities to actually speak to each other and trade power, ubiquity of charging and all those things. BEVs vs. PHEVS.

Plug-in 218