Baua Electric

FEBRUARY 29, 2024

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. The driving force behind this trend is the substantial reduction in capital costs for renewable energy projects.

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Asia Coal Solar Power 52

Green Car Congress

DECEMBER 1, 2021

Efforts to decarbonize steel production are central to the net-zero aspirations of China, Japan, Korea and the European Union. Moreover, Brazil is expected to have one of the lowest costs for hydrogen production by 2030, according to research by BloombergNEF. China will continue to play a pivotal role. BAU is business-as-usual.

Hydrogen 221

Hydrogen Clean Cleaning Industrial 221

Green Car Congress

SEPTEMBER 5, 2018

ABI forecasts that 24 billion completed trips by the end of 2018. In direct contrast to Western Europe and North America, vehicle ownership is relatively low in Asian markets due to the large expense and impracticality for consumers in large cities. —Shiv Patel, Research Analyst at ABI Research.

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Asia 2017 2018 Global 199

Green Car Congress

NOVEMBER 24, 2019

The outlook for vehicle ownership and travel, with a focus on the world’s two largest LDV markets: the US and China. For the Paris Forever scenario the team explored additional cases that assume lower global costs for EV technology and higher demand for private transportation in China. —William H. —Joanna Moody.

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Future MIT Climate Change Alternative Fuels 269

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

Renewable 150

Renewable Parts Power Powered 150

Get Electric Vehicle

FEBRUARY 14, 2024

As of now, the price of lithium carbonate is down 80% year over year at a three-year low of 95,500 Chinese yuan per tonne ($13,446). The Australian Office of the Chief Economist (AOCE) forecasts that lithium product prices will likely decline as the market enters a time of surplus supply.

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Supplies Lithium Ion Market Charging 40

Green Car Congress

NOVEMBER 3, 2017

In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. The third relevant area of technology is electric power generation.

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Boston Consulting Group Market Hybrid Global 199

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. China overtakes the United States as the largest oil-consuming country and Middle East oil consumption overtakes that of the European Union, both around 2030. China Forecasts India Oil Other Asia'

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Oil 2013 Energy Emissions 275

Drive Electric

MAY 16, 2023

The Ministry for the Environment forecasts that in 2030 electrification of vehicles will have a negative marginal abatement cost, saving costs for consumers and the economy while reducing emissions. 10 There are many countries with more aggressive ratios than this, including China, Korea, and the Netherlands.

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Future Charging New Zealand Installation 52