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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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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

In the short term, price will be the most significant limitation to the uptake of both plug-in hybrid vehicles like the GM Volt and fully electric vehicles such as the Nissan Leaf, BNEF said. 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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Presales of Audi Q7 TFSI e quattro PHEVs begin in Europe

Green Car Congress

The SUV starts in fully electric “EV” mode. In the short-term forecast, which runs in parallel, the standard predictive efficiency assist (PEA) system contributes information from the immediate environment taken from the navigation data, for example speed limits, types of roads and uphill and downhill gradients.

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BYD Q1 EV sales top 300,000, but is it enough to maintain a lead over Tesla ?

Baua Electric

In the first three months of the year, BYD sold 300,114 fully electric vehicles, up 13.4% BYD’s electric vehicle production also rose 9%, with 291,730 EVs built in Q1. Meanwhile, plug-in hybrid sales were up 14.5%, with 324,284 PHEVS sold. Most recently, Wedbush lowered its forecasts to 425,000, down from 475,000.

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Roskill: automotive batteries and stainless steel to drive nickel demand

Green Car Congress

In its new ten-year market outlook to 2027, Roskill, a leading provider of international metals and minerals research, forecasts primary nickel consumption to rise by just under 4% per year between 2017 and 2027, driven by increased consumption by stainless steel producers and by growth in demand in the automotive battery sector.

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Global Electric Vehicle market size to swell by five-times to $823.74B by 2030: study

Teslarati

With several large-scale automotive companies with storied histories transitioning to electric vehicles, these companies will supplement the smaller, EV-focused companies, like Tesla, Rivian, and Lucid, contributing large-scale production operations with relatively limitless amounts of capital.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Electric car sales in 2023 were 3.5 Germany, for example, became the third country after China and the United States to record half a million new battery electric car registrations in a single year, with 18% of car sales being battery electric (and another 6% plug-in hybrid). In 2024, Hyundai announced investments of USD 1.1