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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. The Americas are projected to account for 71% of global biofuels production. billion in 2011 to $185.3

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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. For diesel fuel, EIA expects retail prices to average $2.91/gal For diesel fuel, EIA expects retail prices to average $2.91/gal gal last summer. gal last summer.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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Pike forecasts that the global market for biofuels will increase from $82.7 Pike projects that the Americas will account for 71% of global biofuels production. Pike Research estimates that the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021. growth in the global biofuels industry.

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Continental Mobility Study 2020 finds many people still have doubts about EVs

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The main complaints about EVs cited by respondents are a lack of charging stations and the low range compared to gas or diesel vehicles. In addition to the expectations and attitudes regarding electric vehicles, the survey also dealt with changes in mobility against the backdrop of the global COVID-19 pandemic. Source: Continental.

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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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. Current hybrid buses can cost around $200,000 more than a comparable diesel bus, depending on the bus specifications. from 2012 to 2018. Li-ion batteries.

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GE to Open Sodium-Metal Halide Battery Plant in New York

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At the AABC 2008 conference, Robert King from GE Global Research outlined requirements and challenges for hybrid locomotive batteries, including: 1,300 kW continuous chare/discharge power. vibration resulting from heavy-duty diesel and steel wheel and rail. vibration resulting from heavy-duty diesel and steel wheel and rail.

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Volvo to Introduce Proprietary Medium-Duty Engine in 2010

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Volvo will use EGR, SCR and DPF technology in its global heavy duty engine platform. By having a global technology platform in place, the Volvo Group will be able to generate economies of scale in research and development as well as purchasing and production. Click to enlarge. Year-to-date, total Volvo truck deliveries are down 56%.

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