BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) This will help to ease lithium prices.

2020 378

ChargePoint acquires eBus and commercial vehicle management provider ViriCiti to accelerate fleet electrification

Green Car Congress

ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. ChargePoint acquired ViriCiti for a total purchase price of approximately €75 million (US$88 million) in cash, subject to adjustments. Electric (Battery) Fleets Infrastructure Market Background

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Hydra Energy partners with Chemtrade to provide commercial truck fleets with green hydrogen below the cost of diesel

Green Car Congress

In exchange for long-term, discounted fuel contracts with fleets, Hydra installs hydrogen-diesel co-combustion conversion kits into existing semi-trucks and provides the fueling infrastructure for green hydrogen sourced from chemical producers such as Chemtrade. Commercial truck fleet operators with Hydra-converted semi-trucks can access green hydrogen at a fixed price, five percent below the price they typically pay for diesel.

Fleet 250

AMPLY Power and Duke Energy Sustainable Solutions collaborate on bus fleet electrification and solar-powered overhead charging

Green Car Congress

AMPLY Power is working with Duke Energy Sustainable Solutions to expand fleet electrification offerings, including the first commercially available combination solar canopy and overhead electric vehicle charging solution covered by a power purchase agreement (PPA) leasing and financing model.

Solar 212

OpenADR: A Bridge Between EV Fleets and the Grid

EV Connect

As the costs of climate change and the price of oil both become too high to bear, auto manufacturers will shift more of their vehicle fleets to electric. EV fleets could play a part in overloading the grid, or could wind up unable to charge.

Grid 79

Navigant forecasts global natural gas fleet of 34.9M by 2020

Green Car Congress

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. Light duty vehicles (LDVs) account for almost 95% of NGVs on roads today, but trucks and buses are growing at a faster rate and are anticipated to account for 9% of the total fleet by 2020. Cumulative natural gas vehicles in use by segment, world markets: 2013-2020. Source: Navigant Research. Click to enlarge.

2013 264

Electric bus market and trends 

Electric Vehicles India

The global electric bus market number has increased to 544 thousand units in 2028 which exhibits a CAGR of 11.58% during the forecast period. The global electric bus market size is projected to reach 704 thousand units by 2027 from 81 thousand units in 2021, at a CAGR of 43.1%.

ABB-sponsored report suggests global plans for 80 new EV battery gigafactories insufficient

Green Car Congress

While we forecast global EV sales to grow by a remarkable 21% CAGR over the next decade, the increase in battery production and capacity will be even higher. But OEMs will increasingly be compelled to electrify most if not all of their fleets.

Global 364

IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

Green Car Congress

In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 Forecast eLCV share of total global LCV market revenue. Electric (Battery) Fleets Forecasts

2020 238

GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

Green Car Congress

GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. GlobalData’s analysis suggests that low oil prices will lead to a longer waits for the reduced fuel costs offered by electric vehicles (EVs) to amortize their higher purchase prices.

2020 285

ADEME / IFPEN study examines non-geological risks in the security of lithium supplies based on electrification of global car fleet

Green Car Congress

ADEME, France’s Environment and Energy Management Agency, carried out a study with IFP Energies nouvelles (IFPEN) on the dynamics of lithium supply and demand, based on different scenarios for the electrification of the global car fleet by 2050. On the other hand, this could lead to a marked decrease in the safety margin of lithium supply—the ratio between the cumulative consumption and current reserves—and a possible significant volatility of lithium prices by 2050.

2018 207

Navigant expects global share of electric buses to grow to nearly 33% by 2030

Green Car Congress

The global medium- and heavy-duty bus market has been dominated by internal combustion engine vehicles. However, Navigant says, the adoption of electric buses (e-buses) will continue to rise as battery prices decline and a greater importance is placed on reducing greenhouse gas emissions and other pollutants. Fleets can take advantage of increasing government support to help surmount the high upfront costs associated with e-buses.

2019 174

Nissan targeting global LCV leadership by 2016; new smartphone LCV fleet management system

Green Car Congress

Under Power 88 Nissan is targeting 8% global market share with a consistent operating profit of 8% or more by the end of FY2016. Global LCV sales already account for more than 20% of all Nissan sales and the ambition will be achieved by expansion in new markets, strategic partnerships and substantial growth in traditional markets. Smartphone LCV fleet management system.

2013 209

IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

Green Car Congress

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

2020 294

Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

Green Car Congress

Transportation fuels contribute a significant portion of current CO 2 emissions, accounting for 23% of global greenhouse gas (GHG) emissions and up to 40% of GHGs in developed economies, offering significant opportunities for emissions reduction from the decarbonization of such fuels.

2020 303

New report finds global CO2 vehicle emission reduction measures falter; dropping diesels, increasing SUVs

Green Car Congress

Vehicle fuel economy improvements have slowed globally, according to the latest report from the Global Fuel Economy Initiative (GFEI): Fuel Economy In Major Car Markets: Technology And Policy Drivers 2005-2017. The report, which this year for the first time includes an online, interactive country data browser, reviews developments in fuel economy and highlights the changes which have shaped the modern global fleet of light-duty vehicles (LDVs) over a 12-year period.

2019 255

IHS Markit projects for first time that 2050 global refined product demand will be lower than 2019 levels

Green Car Congress

For the first time, the IHS Markit base case scenario for refined products expects total global demand in 2050 to be lower than 2019 levels. Under the new IHS Markit Inflections base case scenario, global refined product demand is expected to peak in 2036. Biofuels blends will also penetrate demand sectors outside of motor fuels, reaching 15% of global jet fuel demand by 2050.

2019 163

Study finds testing the technology the strongest initial motivation for fleet managers adopting EVs

Green Car Congress

According to a report from Frost and Sullivan (Kumar, 2013), fleet managers adopted more than half of EVs sold globally up to 2013. A new study of factors influencing fleet managers’ adoption of electric vehicles has found that testing new technologies was the strongest driver of initial EV adoption, followed by lowering environmental impacts; government grants; and improving the organization’s public image. Organizations expand their EV fleets for firm-specific reasons.

2014 221

Ford Anticipates 10-25% Of Its Global Fleet to Be Electrified by 2020

Green Car Congress

Ford anticipates that electrified vehicles—hybrids (HEV), plug-in hybrids (PHEV), and battery-electric vehicles (BEV)—will represent 2-5% of its global fleet by 2015, and then increase rapidly to 10-25% of its global fleet by 2020, said Nancy Gioia, Ford’s Director of Global Electrification, in several talks at Plug-in 2010 in San Jose, California this week. Currently (2010), electrified products (only hybrids at this point) represent 1% of Ford’s global fleet.

2010 220

All you need to know about lithium miners & battery producers 

Electric Vehicles India

Many manufacturers announcing electrifying their fleets over the next several years and unveiling sleek new models but this is not enough. Global EV sales. Global lithium market price. As of May 2021, the price of lithium is 69% which is rising rapidly.

Why Businesses Should Adapt EVs to Their Fleet?

Get Electric Vehicle

Is it time to explore EVs for your fleet, is there enough signals suggesting EVs are the preferred means of transportation in the not-too-distant future? But is it feasible to add EVs to your fleet? Another advantage is that you do not have to convert your entire fleet at once.

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AMPLY Power offers EV fleets guaranteed uptime and zero charging challenges

Charged

Fleet charging management may not be the most glamorous segment of the EV industry, but it is emerging as an extremely important component of the future EV ecosystem. Now innovative companies are meeting the demand for similar services in the fleet charging realm.

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IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

Green Car Congress

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Five-year rolling aggregate global liquids demand growth. At present, current global total liquids oil demand is approximately 100 million barrels per day, the report says.

2018 234

Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ Low-Speed Electric Vehicles: An Underappreciated Threat to Gasoline Demand in China and Global Oil Prices? ” Collins conducts a range of globally focused commodity market, energy, water and environmental research.

2019 270

Tesla works with global shipping company to digitize data and “stabilize logistics networks”

Teslarati

COSCO owned the world’s third-largest fleet of container carriers by the end of 2020 by increasing its shipping capacity to avoid adverse effects from the pandemic. Elon Musk explains Tesla’s lumbar support removal, price increases for Model 3 and Model Y.

Audi of America launches Internal Carbon Price program to support goal of lowering CO2 footprint 30% by 2025

Green Car Congress

Audi of America is among the first in the automotive industry to implement an internal carbon price program as a key initiative in the brand’s pursuit of lower CO 2 emissions. This is part of the global commitment Audi has made to lower its carbon footprint by 30% by 2025, and is part of the larger Audi AG Mission:Zero imperative to reach net-zero carbon by 2050. Fuel consumed by Audi of America fleet vehicles.

2020 163

Indianapolis plans to add 425 PHEVs and BEVs to municipal fleet by 2016

Green Car Congress

The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 The Indy fleet would be the largest municipal fleet of electrified vehicles in the US. The cars will be distributed throughout the fleet based on the needs of city fleet drivers and their departments, and be branded as Indy’s “Freedom Fleet”.

Tesla’s market disruption may lead to healthy slice of global auto market: Mizuho

Teslarati

Tesla ( NASDAQ: TSLA ) is expected to control 10% of the global automotive market in the coming years, analysts from Tokyo-based Mizuho Bank said in a recent note to investors. price target and a “Buy” rating for the stock.

Market 104

Electric vehicles trends in India

Electric Vehicles India

The global electric vehicle market size was USD 246.70 billion in 2020.The global electric vehicle market was valued at $162.34 India is making hard efforts to electrify the buses like the China, it has the largest electric bus fleet in the world.

India 87

Opinion: Global Oil Supply More Fragile Than You Think

Green Car Congress

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. Now a prevailing sense that oil prices may stay lower for longer has hit the markets. Shale production has surged in recent years, but it could be a fleeting phenomenon.

2015 188

IEA: global energy efficiency progress drops to slowest rate since start of decade

Green Car Congress

Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing, according to a new report by the International Energy Agency. Global primary energy demand rose by 2.3% Primary energy intensity—an indicator of how much energy is used by the global economy—improved by just 1.2% In 2018, higher oil prices helped dampen demand for road transport fuels.

2019 150

Renault Enters Two New EV Partnerships with Global Financing and Fleet Management Companies

Green Car Congress

Renault has entered two new EV partnerships: one with Arval, a BNP Paribas subsidiary; the other with ALD Automotive, a global provider of financing and vehicle fleet management services. Arval is a major player in multi-brand full service leasing and corporate fleet management, with 602,000 vehicles leased and 688,000 vehicles managed in 22 countries at the end of 2008. It focuses especially on research into customer pricing appropriate to this type of vehicle.

2009 150

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% This area will likely remain focused on the fleet markets (such as municipal vehicles), with medium- and heavy-duty gas vehicles—particularly for local applications, including refuse trucks, delivery vehicles, and transit buses that operate out of centralized depots—being the dominant applications.

2015 150

India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

India’s electric four-wheeler ride-hailing fleet incentives. Let us look in detail at India’s electric four-wheeler incentives for ride-hailing fleets. . The cost of the vehicle is based on ex-showroom prices and Interest rates for conventional cars are estimated at 9.5%

India 52

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. MaaS will result in more environmentally friendly transportation through the deployment of fleet-based, alternative powertrain vehicles and reduced congestion through improved utilization rates of available resources. Vehicle-to-Grid, demand-response charging of electric powertrains and the economies of scale of fleet-based deployments will further enhance this.

2016 207

Octillion Power Systems debuts new EV battery-leasing plan

Green Car Congress

Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. Under the program, participating fleet operators will be allowed to source batteries through a five-year “lease-to-own” program, with no up-front payment. Batteries Electric (Battery) Fleets Market Background

2020 255

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. After 2025, falling battery prices and rising consumer demand based on TCO will drive rapidly increasing sales of all electrified vehicles, and especially BEVs.

2017 183

Study: natural gas heavy-duty trucking fleet could benefit economy, but has mixed environmental effects

Green Car Congress

Switching from diesel fuel to natural gas may hold advantages for the US heavy-duty trucking fleet, but more needs to be done to reach the full environmental benefits, according to a new white paper released by the Institute of Transportation Studies at the University of California, Davis, and Rice University. The cost-benefit for natural gas as a direct fuel is most compelling for heavy truck fleets whose vehicles travel 120,000 miles (193,000 km) a year or more.

2015 236

Opinion: Uranium Prices Set To Double By 2018

Green Car Congress

With prices set to double by 2018, we’ve seen the bottom of the uranium market, and the negative sentiment that has followed this resource around despite strong fundamentals, is starting to change. Uranium analyst David Talbot of Dundee Capital Markets is forecasting 6 percent compound annual demand growth through 2020, which is enough, he says, to “kick-start” uranium prices up to and beyond 2007 levels. by James Stafford of Oilprice.com.

2016 150

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

Green Car Congress

This region seems likely to remain focused on the fleet markets (such as municipal vehicles). The report suggests that a number of factors could hinder near-term growth prospects in several regions: Political tensions in Eastern Europe could affect supply and prices of gas exports from Russia to Western Europe. Cumulative light-duty NGV sales by segment. Source: Navigant. Click to enlarge.

2014 212

Study finds 2008 recession contributed to increase in age of US LDV fleet, slowing of emission reductions

Green Car Congress

The global economic recession of 2008—which severely depressed light-duty vehicle sales—resulted in an increase in the age of the light-duty vehicle fleet in the US that likely slowed the rate of decrease of fleet average emissions, according to a study by Gary Bishop and Donald Stedman at the University of Denver. In general, on-road vehicle fleet emission factor increases are correlated with increasing age.

2014 214

Lightning Systems accepting orders for LightningElectric battery-electric upfit for Ford Transit; price and specs

Green Car Congress

EV Conversion Price $69,000 $89,000. Lightning Systems, formerly known as Lightning Hybrids, is a fast-growing, global fleet solutions company with headquarters in Loveland, Colo. A variety of new Lightning Systems’ efficiency and emissions improvement innovations are being introduced over the next two years to support commercial and government fleets. Lightning Systems is accepting pre-orders for its new all-electric LightningElectric system for Ford Transit.

2017 174

Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

So how did this largely rural Scandinavian country become the global leader in EV adoption? Buying a new electric car is more or less the same price as buying a nice petrol or diesel car now, ” says Christiana Bu, secretary-general of Norsk elbilforening , the Norwegian EV Association.