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BloombergNEF: electrics to take 57% of global passenger car sales, 81% of municipal bus sales by 2040

Green Car Congress

BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. NEO 2018 sees $11.5 Coal emerges as the biggest loser in the long run.

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NREL and GM announce multi-year R&D partnership to reduce cost of automotive fuel cells

Green Car Congress

Most major automakers, including GM, have made significant progress in the development of fuel cell electric vehicles, but achieving commercial deployment with global impact will require further cost reductions. The effort includes staff collaboration and the exchange of equipment, knowledge, and materials.

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UK study concludes cumulative global sales of EVs could reach 30M units by 2050, or 1.5% of projected global car parc; decisive global action required

Green Car Congress

of the global car parc (2 billion units) projected for then. of the global car parc (2 billion units) projected for then. “Without decisive fiscal and investment policies on a global scale, private road transport’s absolute volume and share of greenhouse gas emissions will continue to rise.”

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Norway leads electric vehicle (EV) adoption, boasting the highest share of new EV purchases worldwide. In the last five months, zero-emission vehicles have made up over 50% of its overall car sales , up from 31.2% So how did this largely rural Scandinavian country become the global leader in EV adoption? in 2018 and 42.4%

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Bosch on importance of renewable synthetic fuels to reach climate goals; e-fuels

Green Car Congress

The Paris Agreement calls for global warming to be limited to 2 ?C Electromobility is just now picking up momentum; further, electric cars are only as emissions-free as the production of electricity that charges their batteries. First, apply electricity generated from renewable sources to obtain hydrogen from water.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.

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