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Volvo Trucks had 42% market share of heavy-duty electric trucks in Europe in 2021

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New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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Volvo Trucks leading market in Europe and in N America for electric heavy-duty trucks

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Volvo Trucks leads the market in Europe and in North America for heavy electric trucks after the first quarter of 2023. Now, its electric product range is being made available in new markets in Asia, Latin America and Africa. In total, the manufacturer has sold almost 5,000 electric trucks in about 40 countries.

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Global hydrogen station deployments surpass 1,000; China leads

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The number of hydrogen stations deployed globally has surpassed the 1,000-mark, according to a study by Information Trends. China represents roughly one-third of global deployments, but the US lags far behind with less than 100 hydrogen stations.

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. China, Europe, and the US all posted double-digit declines in March.

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AFRY, RINA study points to feasibility and attractiveness of Gulf-to-Europe hydrogen pipeline

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RINA, the inspection, certification and consulting engineering multinational, and AFRY, a European leader in engineering, design, and advisory services, have undertaken an initial study of how the Gulf region and Europe could be linked directly with a pipeline to transport low-carbon hydrogen. million tonnes of hydrogen annually.

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GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

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Global EV sales reached 7.7 China is the largest EV market in the world, with annual sales of battery electric vehicles (BEVs) of five million units in 2022. The government’s focus on the promotion and adoption of EVs to reduce pollution is another important factor contributing to the growth of the EV market in China, GlobalData said.

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