Green Car Congress

FEBRUARY 25, 2016

A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. This would be almost 90 times the equivalent figure for 2015, when EV sales are estimated to have been 462,000, some 60% up on 2014.

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Green Car Congress

JUNE 9, 2023

A suggestive market-wide simulation extrapolation indicates that if every gasoline vehicle had a BEV option in 2030, the majority of new car and near-majority of new sport-utility vehicle choice shares could be electric in that year due to projected technology improvements alone. —Forsythe et al. Forsythe et al. 2219396120

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Green Car Congress

OCTOBER 27, 2021

In the US Energy Information Administration’s (EIA’s) International Energy Outlook 2021 , released earlier this month, the EIA forecast that the global light-duty vehicle (LDV) fleet will grow from 1.31 EIA projected that electric vehicles (EVs)—any LDV with a charging plug—will grow from 0.7% billion vehicles in 2020 to 2.21

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Fleet Gasoline Global Diesel 243

Green Car Congress

JULY 7, 2014

The number of medium- and heavy-duty vehicles (MHDVs) in use worldwide will nearly double between 2014 and 2035, according to a new forecast report by Navigant Research. Navigant projects that annual MHDV sales will grow throughout the forecast period at a compound annual growth rate (CAGR) of 2.4%. Source: Navigant. Background.

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Market Alternative Fuels Engine Gas-Electric 273

Green Car Congress

JANUARY 2, 2013

Pike’s projected vehicle sales by electrified drivetrain, European markets: 2012–2020. Pike Research forecasts that electric vehicles—conventional hybrids (HEVs), plug-in hybrids (PHEVs) and battery-electrics (BEVs)—will grow from 0.7% Pike Research forecasts that by 2020 more than 1.8 Click to enlarge.

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Green Car Congress

MARCH 29, 2011

Pike Research forecasts that global sales volumes of plug-in electric vehicles (PEVs) (plug-in hybrid electric and battery-electric vehicles) will cross the 1 million unit threshold for the first time by 2015. In those markets, plug-in hybrids will represent 71% of all electric vehicle sales in 2015.

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2015 Plug-in Plug Global 210

Green Car Congress

MARCH 24, 2023

This drives not only a rise in fuel and electric energy consumption, but also creates a wider footprint in vehicle and battery production. Green NCAP tested 34 cars with different powertrain types: battery electric, hybrid electric, conventional petrol and diesel, and one vehicle, the Ford Puma, that runs on alternative fuel.

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Green Climate Energy Vehicles 453

Green Car Congress

NOVEMBER 2, 2010

Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). Last week, J.D. Earlier post.)

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Financing Plug-in 2020 Plug 283

Green Car Congress

MAY 20, 2014

The company forecasts that annual LDV sales will grow to 126.9 over the forecast period—i.e., Hybrid-electric and natural-gas (HEVs and NGVs) will account for almost 8% of global share, while plug-in hybrid (PHEV), battery-electric (BEV), and fuel-cell electric (FCV) together will add up to almost 2.5%

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Plug-in Global Plug Vehicles 246

Green Car Congress

DECEMBER 21, 2012

Pike Research has published an update to its earlier forecasts on xEVs: hybrid (HEVs); plug-in hybrid (PHEVs); and battery electric vehicles (BEVs). As a result of new assumptions, Pike Research has slightly reduced its forecasts for plug-in vehicles (PEVs: PHEVs and BEVs combined) from past forecasts.

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Green Car Congress

OCTOBER 17, 2017

According to a new report from Navigant Research, sales for plug-in electric buses increased 40% from 2016 to 2017, as the technology on offer from bus companies has improved in performance and in price. Global bus sales are expected to grow from just more than 800,000 in 2017 to more than 1 million in 2027.

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2017 Plug-in 2016 Plug 186

Green Car Congress

OCTOBER 15, 2022

The world will need more than twenty times the amount of lithium than was mined last year to meet demand by mid-century, driven by growth in energy storage and electric vehicles, according to new analysis from Benchmark Mineral Intelligence. Annual production of 11.2 Near-term, a total of 2.9

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Lithium Ion Energy Storage 2015 Supplies 360

CN EV Post

APRIL 3, 2023

(Image credit: CnEVPost) Low consumer sentiment in the wake of the Covid wave has led to weak auto sales in China, though the situation is expected to see relief in the second quarter, and the launch of new models and lower lithium carbonate prices are also encouraging, according to Deutsche Bank. million to 1.75

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China Auto Sale Price 134

Green Car Congress

APRIL 25, 2018

Volvo Cars aims for fully electric cars to make up 50% of its sales by 2025, the company announced in Beijing. The announcement builds on Volvo Cars’ 2017 announcement that all new models released from 2019 will be available as either a mild-hybrid, plug-in hybrid or battery-electric vehicle. New Volvo XC40 T5 plug-in hybrid.

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Green Car Congress

DECEMBER 10, 2015

According to a recent report from Navigant Research, total sales of LDVs are expected to total more than 2.1 Navigant forecasts global annual LDV sales to grow from 88.8 Global market forecasts for sales and the number of vehicles in use, segmented by country, drivetrain, and primary fuel, extend through 2035.

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Green Car Congress

FEBRUARY 2, 2015

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Source: Lux Research. Click to enlarge.

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Green Car Congress

APRIL 8, 2020

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.

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CO2 Fleet Emissions Oil Prices 353

Green Car Congress

JULY 21, 2021

In addition to its regional and temporal scope, this study is distinct from earlier LCA literature in four key aspects: This study considers the lifetime average carbon intensity of the fuel and electricity mixes, including biofuels and biogas. Source: The ICCT.

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CleanTechnica EVs

SEPTEMBER 21, 2023

The exponential growth of electric vehicles (EVs) means that ICE (internal combustion engine) sales and gasoline demand have already peaked

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Gasoline-Electric Gasoline Sale International 144

Green Car Congress

MAY 21, 2018

The electrification of road transport will move into top gear in the second half of the 2020s, due to tumbling battery costs and larger-scale manufacturing, with sales of electric cars surging to 28%, and those of electric buses to 84%, of their respective global markets by 2030. Annual global light duty vehicle sales.

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Supplies China Financing Global 210

Green Car Congress

MAY 5, 2021

A new report from IDTechEx forecasts that the shift to electric vehicles and autonomy will drive the printed electronics automotive market to $12.7 The technological transitions towards electric vehicles and increased autonomy are creating extensive opportunities for many new technologies, including printed/flexible electronics.

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Market Gasoline-Electric Electric Vehicles Range 221

Green Car Congress

MAY 28, 2015

The global EV Charger (EVC) market is forecast to grow from more than 1 million units in 2014 to more than 12.7 Japan is a key growth region for the EV charging stations and recently passed a key milestone by having more EV charging stations than gasoline stations, said said Ben Scott, senior analyst at IHS Automotive. Fast charging.

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Green Car Reports

AUGUST 7, 2019

Honda focuses sales of the Clarity Plug-in Hybrid in California. New forecasts peg 2037 as the year EV sales will overtake gasoline worldwide. And readers are still in favor of electric-car conversions in our latest Twitter poll. All this and more on.

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Conversion Honda Sale PHEV 74

Green Car Congress

NOVEMBER 14, 2017

In a new study, IHS Markit forecasts that vehicle miles traveled (VMT) will by 2040 grow to an all-time high of around 11 billion miles per year (a 65% increase since 2017) in China, Europe, India and the United States—the key markets examined for the study—and will keep growing. IHS Markit, “Reinventing the Wheel.”

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Green Car Congress

NOVEMBER 4, 2021

The path toward decarbonization in road transportation in the EU will require a multifaceted approach that, besides traditional biofuels, also includes the use of renewable electricity, green hydrogen, and other advanced biofuels. By then, most of the EU vehicle fleet will already have been replaced with electric and hydrogen vehicles.

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Hydrogen Fleet Gasoline-Electric Oil 243

Green Car Congress

JANUARY 1, 2011

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In DB’s Fall 2009 note, they had forecast 12% growth.

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Transportation Gasoline Lithium Ion Gasoline-Electric 250

Green Car Congress

JULY 5, 2013

In a new report , Navigant Research forecasts that US military spending on alternative drive vehicles (ADVs—including hybrid electric vehicles (HEVs), plug-in electric vehicles (PEVs), and ethanol-powered vehicles—for the non-tactical fleet will increase from more than $435 million in 2013 to $926 million by 2020, a CAGR of 11.4%.

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Green Car Congress

MARCH 9, 2013

Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. Diesel demand accounts for 70% of the growth in demand for all transportation fuels through the forecast period to 2040.

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Gasoline Transportation 2020 Diesel 383

Green Car Congress

JANUARY 25, 2016

Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers. Source: ExxonMobil.

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2014 Carbon Energy Fuel Economy 150

Green Car Congress

MAY 3, 2017

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. One barrier is the cost of owning an electric vehicle versus a cheaper, comparable gasoline-engine vehicle.

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Cars That Think

MARCH 16, 2024

government recently backed down from enacting tough new measures that would have forced automakers to quadruple their sales of electric vehicles by 2030. The move would have raised market share of all-electric vehicles in the U.S. Norway, more ambitiously still, aims to eliminate sales of new ICE vehicles by 2025.

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Green Car Congress

JUNE 15, 2021

COVID-19 and its impact across the US caused a reduction in new vehicle sales as well as a sudden increase in vehicle scrappage, which was a catalyst for increased velocity in the growth of the average age of light vehicles. million according to current forecasts, which can be expected to mute average age growth.

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Light Scrappage 2020 Sale 243

Green Car Congress

JUNE 2, 2022

The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million sold in 2021 to 21 million in 2025.

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Transportation Emissions Fleet Economy 473

Green Car Congress

SEPTEMBER 11, 2019

billion), including production projects for electrical powertrains for passenger cars and light trucks. Despite the market’s current significant downward trend, the sector’s sales from operations will come in at just under the previous year’s level. Limited (CATL) for the production of battery cells. Earlier post.).

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2018 Gasoline-Electric Volt Gasoline 186

Green Car Congress

JUNE 29, 2022

The transition to electrified transport is essential to meet Net Zero commitments; the combined electric vehicle automotive and battery ecosystem could be worth £22 billion (US$27 billion) by 2030 and £27 billion (US$33 billion) by 2040. By 2040, demand rises to nearly 200 GWh and the equivalent of ten gigafactories.

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2020 Grid Manufacturer Batteries 195

Green Car Congress

AUGUST 23, 2013

Not only is it more powerful and contains up to 30% better efficiency than traditional gasoline, etc. TDI clean diesel represents almost 25% of Audi and Volkswagen US sales. Are these sales incentivized? Fuel cells are seen as hitting 1% by 2025; extended range electric vehicles, 3%; and battery-electric vehicles, 4%.

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Diesel Audi Sale Fuel Economy 366

Green Car Congress

DECEMBER 15, 2013

Hybrids are expected to account for about half of global new-car sales by 2040. Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040. Source: ExxonMobil. Click to enlarge.

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Oil-Sands Energy Hybrid Sale 309