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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). BNEF suggested that only in Japan will PHEVs continue to play an important role after 2030.

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Toyota Plug In

Plug In Partners

T oyota President Katsuaki Watanabe made his company's intentions clear yesterday about PHEVs. Such plug-in hybrids can run longer as an electric vehicle than regular hybrids, and are cleaner. Event Summary Oil prices are at record highs. Here's the story from the LA Times: Toyota promises plug-in hybrid vehicle in U.S.,

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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

Virtually all major vehicle manufacturers and several start-up companies are offering—or are planning to offer soon—a PEV for sale in the US market. However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g.,

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Millions will plug-in their electric vehicles (EV), plug-in hybrids (PHEV) and fuel cell vehicles (FCV) at night when electricity is cheap, then plug-in during the day when energy is expensive and sell those extra electrons at a profit. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil.

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