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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. 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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Navigant forecasts global natural gas fleet of 34.9M by 2020

Green Car Congress

In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. million sales expected in 2013.

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Navigant forecasts LD natural gas vehicles to account for 2.8% of global vehicle parc by 2024

Green Car Congress

Cumulative light-duty NGV sales by segment. In a new report , Navigant Research forecasts that light-duty natural gas vehicle (LD NGV) sales will grow 119% between 2014 and 2024, culminating in 42.1 between 2014 and 2024, with the number of passenger car sales growing at a slightly slower rate (5.3% Source: Navigant.

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

Green Car Congress

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6 million LD NGVs sales in 2025. million vehicles in 2015 to 3.9

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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. million in 2020, or 2.1%

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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). Last week, J.D. million units in 2020, or some 7.3%

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Analysts: 40% drop in 2023-2025 EV battery prices will boost sales

Baua Electric

Analysts expect nearly a 40% decline in EV battery prices between 2023 and 2025, and for EVs to “reach breakthrough levels in terms of cost parity” with internal-combustion vehicles in some markets as early as next year—without subsidies. The firm estimates that battery demand increased 31% in 2023.

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