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IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

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In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 European Light Commercial Vehicle Sales 2018. Forecast eLCV share of total global LCV market revenue. million units annually by 2030. Source: IDTechEx Electric Vans 2020-2030, ACEA.

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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. This would be almost 90 times the equivalent figure for 2015, when EV sales are estimated to have been 462,000, some 60% up on 2014.

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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

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However, the amount of time taken to make up that price differential depends on the cost of fuel. Higher prices at the pumps mean EVs make up their extra purchase cost sooner, while lower fuel prices see ICE cars remain cheaper than EVs for longer.

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Ipsos Global study finds three barriers to consumer adoption of EVs: cost, range, charging sites

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Ipsos, the global research and insights organization, says it has uncovered the thoughts of consumers regarding BEVs. Ipsos says that this module helps to provide insight into why environmental concerns are not necessarily translating into BEV sales. —Todd Markusic.

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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% million LD NGVs sales in 2025. These include the availability of refueling infrastructure, tightening tailpipe emissions requirements, and total cost of ownership.

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GM begins market positioning for Cruze Diesel in 2013; small displacement diesels to “fill an important niche”

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turbodiesel engine on Cruze—one of the top-selling gasoline-powered cars in the US in 2011 and General Motors’ best-selling model globally—will establish Chevrolet as the only domestic automaker offering an American-manufactured diesel-powered compact car with a European-American developed engine. Earlier post. ).

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Hyzon acquiring ORTEN in Germany

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Hyzon Motors, a US-based global supplier of hydrogen fuel cell trucks and buses, will acquire ORTEN Betriebs GmbH and subsidiaries, and ORTEN Electric Trucks GmbH, German manufacturers of innovative truck and trailer bodies for the beverage industry. The transaction is expected to close in the fourth quarter, 2022.

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