Green Car Congress

MARCH 12, 2012

According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. billion by 2017, the market intelligence firm forecasts. —John Gartner. (In

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Li-ion 2017 Batteries Battery 324

Green Car Congress

DECEMBER 31, 2014

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 Navigant forecasts only 56,251 LD NGV sales in 2014 in North America. Forecasts Natural Gas' Cumulative light-duty NGV sales by segment. Source: Navigant. Click to enlarge.

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Gas North America Global Vehicles 244

Green Car Congress

MAY 16, 2019

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. —Colin McKerracher, head of advanced transport for BNEF.

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Global Sale Cars Electrical 341

Green Car Congress

OCTOBER 28, 2010

Power forecast of hybrid-, plug-in hybrid- and battery-electric vehicle global sales through 2020. Power and Associates estimates combined global sales of hybrid-electric vehicles (HEVs), plug-in hybrid-electric vehicles (PHEVs) and battery-electric vehicles (BEVs) will total 5.2 Breakdown of Global HEV and BEV Sales by 2020.

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2020 Global Electric Vehicles Hybrid 250

Green Car Congress

MARCH 27, 2013

Total global market revenue will grow from just less than $1 billion in 2013 to more than $2.8 Automated production processes will be one improvement when sales volumes increase from a few hundred to tens of thousands annually, and the component costs of power electronics modules will also decline. million by 2020, growing from 1.5

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2020 Motoring Motor Motors 261

Green Car Congress

JANUARY 20, 2011

million unit global NGV market which we forecast will expand at a compound annual growth rate (CAGR) of 7.9% The growth in vehicles will lead to growth in usage of natural gas for transportation fuel, which Pike expects to reach 19,123 million cubic meters of gas globally (6.7% million vehicles per year in 2010 to more than 3.2

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2016 Global Iran Sale 218

Green Car Congress

DECEMBER 21, 2012

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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Market North America Ford PHEV 268

Green Car Congress

AUGUST 24, 2011

A new report from Pike Research forecasts that by 2017 more than 1.5 The firm had earlier forecast more than 5.1 million PEVs to be sold globally by 2017. Beginning in 2014, more than half of the global total of EVSE will be sold in Asia annually, Pike projects. Source: Pike Research. Click to enlarge. Earlier post.)

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2017 Installation Electric Vehicles Charging 294

Green Car Congress

JULY 31, 2019

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. —Logan Goldie-Scot, head of energy storage at BNEF.

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Energy Storage Grid Global Energy 225

Green Car Congress

JANUARY 22, 2020

The Hydrogen Council has published a new report, Path to Hydrogen Competitiveness: A Cost Perspective , demonstrating that the cost of hydrogen solutions will fall sharply within the next decade, sooner than previously expected. Drop in the cost of components for end-use equipment under scaling up of manufacturing.

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Hydrogen Cost Of Renewable Japan 320

Green Car Congress

FEBRUARY 15, 2022

A new study from Juniper Research forecasts that spend on EV charging at home will exceed $16 billion globally in 2026; up from $3.4 Home wallboxes are convenient and lower cost than alternatives, with the onus being on both car manufacturers and governments to support home charging roll-outs to secure the future of electric mobility.

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Global Charging Manufacturer Purchase 273

Green Car Congress

NOVEMBER 2, 2010

By comparison, the Nissan Leaf will cost $26,280 after federal subsidies (including an allowance for charger installation), which is a higher price point than three quarters of all new auto sales. The BNEF forecast is based on first identifying the addressable market for plug-in vehicles—i.e., Last week, J.D. Earlier post.)

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Plug-in Financing 2020 Plug 283

Green Car Congress

JUNE 19, 2018

trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4 The levelized cost of electricity (LCOE) from new PV plants is forecast to fall a further 71% by 2050, while that for onshore wind drops by a further 58%. NEO 2018 sees $11.5 BNEF sees $1.3 levels below 450 parts per million.

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Wind Solar Global Coal 220

Green Car Congress

SEPTEMBER 7, 2011

A new report from Pike Research forecasts that sales of medium- and heavy-duty (MD/HD) hybrid trucks—including hybrid electric (HEV), plug-in hybrid (PHEV), battery electric (BEV), and plug-in electric power take-off (EPTO) variations—will surpass 100,000 vehicles annually by 2017. The global truck market is about 3.7

2017 218

2017 Nickel Metal Hydride Li-ion Sale 218

Green Car Congress

SEPTEMBER 17, 2010

Annual hybrid and plug-in hybrid sales, global and fleet. According to a new report from Pike Research, the global market for hybrid-electric (HEV) light-duty vehicles in the fleet sector will increase at a compound annual growth rate (CAGR) of 17.5% of global light duty vehicle fleet sales in 2015, according to the Pike forecast.

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2015 Fleet 2010 Light 225

Green Car Congress

MARCH 27, 2012

Pike Research forecasts that the worldwide market for e-bicycles will grow at a compound annual growth rate (CAGR) of 7.4% between 2012 and 2018, resulting in global sales of 47.6 Under a more aggressive forecast scenario, worldwide e-bicycle sales could reach 51 million units and $13.2 Source: Pike Research. Click to enlarge.

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Li-ion 2018 Sale North America 273

Green Car Congress

OCTOBER 2, 2012

In a new report , Pike Research forecasts that global sales of electric vehicle (EV) charging equipment (EVSE) will grow at a steady pace from 2012 to 2020 as the global market for plug-in electric vehicles (PEVs) grows. The global top 10 is rounded out by Canada and Australia.

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2020 Charging 2012 North America 277

Green Car Congress

FEBRUARY 25, 2016

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. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April. Although some 1.3

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Cost Of Sale Global Vehicles 150

Green Car Congress

MARCH 5, 2020

The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. The cells use a proprietary low cobalt chemistry and ongoing technological and manufacturing breakthroughs will drive costs even lower. Photo by Steve Fecht for General Motors).

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GM Global Batteries Battery 362

Green Car Congress

AUGUST 20, 2012

Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. The Africa/Middle East countries will see very little uptake due to the high cost of electric buses and infrastructure, the report finds. from 2012 to 2018.

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2018 Li-ion Hybrid Fuel 276

Green Car Congress

FEBRUARY 15, 2011

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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Global Recharge Sale Cars 225

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.

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Boston Consulting Group Hybrid Market Global 199

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 This year, the world is forecast to produce 1.0 Closing this 2.7

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Industrial Industry Global Lithium Ion 243

Green Car Congress

DECEMBER 10, 2012

In a new report, Pike Research forecasts that the advanced lead-acid battery (LAB) market will expand at a compound annual growth rate (CAGR) of 19.8% By 2020, Pike Research forecasts that advanced lead-acid batteries will capture roughly 25% of the global battery-based grid storage market, a small subset of the broader energy storage market.

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Lead Acid 2020 Transportation Market 231

Green Car Congress

JUNE 1, 2011

Global sales of stop-start vehicles (SSVs) will experience strong growth in the coming decade, rising from 3 million units in 2011 to 37.3 Although the technology is not as well known in North America, SSVs are already outselling hybrids globally, with 3.5 Source: Pike Research. Click to enlarge. —Stop-Start Vehicles.

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2020 Global North America Sale 225

Green Car Congress

DECEMBER 28, 2015

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 vehicles in 2015 to 3.9 million in 2025. of all LDVs.

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2015 Gas Global North America 150

Green Car Congress

JUNE 16, 2011

The total number of neighborhood electric vehicles (NEVs)—low-speed street-legal electric vehicles—on the world’s roadways will grow from 479,000 in 2011 to 695,000 by 2017, a 45% increase, according to a new forecast by Pike Research. The fleet market makes up about 70% of the global NEV marketplace, Pike says. Technology.

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2017 Light Lead Acid Market 230

Green Car Congress

JULY 5, 2016

According to a new forecast report from Navigant Research, global commercial alternative powertrain medium- and heavy-duty vehicle (MHDV) sales will grow from about 347,000 vehicles in 2016 to more than 820,000 in 2026, representing a CAGR of about 9%. A major factor has always been the cost of battery packs.

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Global Sale North America Oil Prices 150

Green Car Congress

SEPTEMBER 14, 2016

ABI Research forecasts global Mobility as a Service (MaaS) revenues will exceed $1 trillion by 2030. Autonomous operation will eliminate the need for paid drivers, cut insurance costs, increase utilization rates to more than 70%, and enable Over the Air-based self-servicing and preventive maintenance. —Dominique Bonte.

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Global Transportation Taxi Fleet 150

Green Car Congress

MARCH 22, 2012

Local power generation is becoming more valued as people realize that the cost of conditioning electricity for the grid is an unnecessary expense in local power environments. Hydrogen is useful in stationary fuel cells that are evolving a market for providing local power in campus environments.

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2018 Market Global Hydrogen 199

Green Car Congress

SEPTEMBER 2, 2012

million) to two UK fuel cell companies—ACAL Energy and ITM Power—to help deliver a step change reduction in the cost of the technology to about $35/kW. Production of advanced automotive fuel cell systems currently under development globally are forecast to cost approximately $50/kW at mass manufacture volumes.

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Cost Of Carbon Fuel Energy 231

Green Car Congress

NOVEMBER 25, 2020

Q1 2020 saw monthly average prices fall further to less than US$7,000/t Li 2 CO 3 for the first time since 2014, eroding price increases caused by forecast strong demand growth in the lithium-ion battery industry and uncertainty over future supply. In 2019, monthly average lithium carbonate prices fell 36% between January and December.

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Recharge Li-ion Industrial Industry 334

Green Car Congress

SEPTEMBER 4, 2012

Pike Research expects the global market for natural gas (NG) trucks to grow at a compound annual growth rate (CAGR) of 14% between 2012 and 2019, reaching 111,319 sales in 2019. Annual sales of NG trucks and buses by segment, world markets: 2012-2019. Source: Pike. Click to enlarge.

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Gas North America Asia 2019 236

Green Car Congress

OCTOBER 19, 2009

Cleantech research firm Pike Research forecasts growth in natural gas vehicles (NGV) on the road worldwide to 17 million units by 2015, up from 9.7 Pike Research forecasts that the NGV market will grow globally at a CAGR of 5.5% million in 2008. to reach just over 3 million vehicles (including conversions) by 2015.

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2015 Gas Vehicles Pakistan 170

Green Car Congress

NOVEMBER 8, 2018

The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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Energy Storage Energy South Korea Grid 275

Green Car Congress

DECEMBER 10, 2014

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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Energy Global 2010 Oil-Sands 252

Green Car Congress

DECEMBER 4, 2020

IHS Markit forecasts that annual global investments in green hydrogen—hydrogen production powered by renewable sources—will exceed US$1 billion by 2023. The elevated investment outlook is attributed to falling costs and policy support from governments looking to shift towards low-carbon economies.

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Hydrogen Green Production Renewable 305