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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

Green Car Congress

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. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April. Although some 1.3

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China and Norway Lead the World’s EV Switchover

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government recently backed down from enacting tough new measures that would have forced automakers to quadruple their sales of electric vehicles by 2030. The move would have raised market share of all-electric vehicles in the U.S. China, for one, is expected to meet its own 2030 EV adoption target: 40 percent of vehicles sold.

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Pike Research updates xEV forecasts; projects Ford to lead US PEV market, followed by GM

Green Car Congress

Pike Research has published an update to its earlier forecasts on xEVs: hybrid (HEVs); plug-in hybrid (PHEVs); and battery electric vehicles (BEVs). As a result of new assumptions, Pike Research has slightly reduced its forecasts for plug-in vehicles (PEVs: PHEVs and BEVs combined) from past forecasts.

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BNEF: E-buses to surge even faster than EVs; supply of cobalt potential risk to the pace of growth

Green Car Congress

The electrification of road transport will move into top gear in the second half of the 2020s, due to tumbling battery costs and larger-scale manufacturing, with sales of electric cars surging to 28%, and those of electric buses to 84%, of their respective global markets by 2030. Annual global light duty vehicle sales.

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Big Oil Betting On Electric Vehicles

Green Car Congress

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. One barrier is the cost of owning an electric vehicle versus a cheaper, comparable gasoline-engine vehicle.

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Global refinery catalyst market forecast to grow 34% to $4.3B by 2018

Green Car Congress

Efforts by Brazil, China, India and Russia to improve their air quality by the introduction of low-sulfur fuels are ongoing. FCC) catalysts will achieve advances, particularly in Asia as the growing motor vehicle fleet stimulates new gasoline and diesel fuel demand, according to the report. Hydrocracking and fluid catalytic cracking.

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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

Green Car Congress

IDTechEx’s latest master electric vehicle report “ Electric Vehicles: Land, Sea & Air 2022-2042 ” finds 35.7 million electric vehicles (EV) were sold in 2021 and predicts this will rise to more than 74 million by 2030. Source: IDTechEx - “Electric Vehicles: Land, Sea & Air 2022-2042”. Electric Trucks - 4.3

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