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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

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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ABI Research forecasts global mobility as a service revenues to exceed $1 trillion by 2030

Green Car Congress

ABI Research forecasts global Mobility as a Service (MaaS) revenues will exceed $1 trillion by 2030. Its anticipated disruptive impact on traditional transportation modes such as car ownership, buses, trains, aviation, taxis, and rental cars is stirring up not just the automotive but also the entire transportation industry.

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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

Green Car Congress

IDTechEx calculates that non-automotive EV sectors in 2021 demanded approximately 31 GWh globally in 2021; for reference, battery-electric and plug-in hybrid cars demanded approximately 280 GWh globally in 2021. Battery Demand From Non-automotive EV Sectors in 2021. Source: IDTechEx - “Electric Vehicles: Land, Sea & Air 2022-2042”.

Market 150
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World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives

Green Car Congress

PRTM projects that the global EV value chain will likely be greater than US$250 billion by 2020. Driven by four global megatrends—reducing CO 2 emissions, oil concerns, growing congestion, and rapid technology advances—countries worldwide are focusing strongly on vehicle electrification. Click to enlarge.

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UC Davis, ITDP report finds shared mobility essential for realizing full benefits of electrification and automation

Green Car Congress

The new report builds on two earlier reports published by ITDP and UC Davis’s STEPS (Sustainable Transportation Energy Pathways) program: “A Global High Shift Cycling Scenario” (2015) and “A Global High Shift Scenario: Impacts and Potential for More Public Transport, Walking and Cycling with Lower Car Use” (2014). —Fulton et al.

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Ford Ranger-based H2X Warrego hydrogen ute aimed at mid-2023 sale

EV Central

The Australian hydrogen fuel cell electric start-up H2X Global says its delayed Ford Ranger-based Warrego ute is now targeting an on-sale date by mid-2023 in Australia and Europe. Norman forecast a Darling prototype could be displayed mid-2023. We are working on some different options. That is something we will go ahead with.”.

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AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Green Car Congress

Such economic benefits could be realized earlier through effective policies which reduce first mover costs in the short term and promote rapid take-up once non-ICE vehicle price premiums reduce to levels that make them affordable to. travelled (high, medium and low), and vehicle type (passenger, light commercial, or taxi).

PHEV 210