Green Car Congress

MARCH 2, 2020

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. million units annually by 2030. Source: IDTechEx Electric Vans 2020-2030.

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Global Production North America 2020 259

Green Car Congress

APRIL 23, 2021

A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories. —Tanja Vainio.

Global 448

Global Batteries Battery North America 448

Green Car Congress

JANUARY 25, 2023

In its 2023 Strategic Update , Albemarle Corporation raised its forecast for 2030 global lithium demand (LCE, lithium carbonate equivalent) to 3.7MMt—an increase of 15% from its previous forecast due to the impact of the US “Inflation Reduction Act” and strong EV demand.

Price 397

Price Conversion Supplies Corporation 397

Green Car Congress

DECEMBER 13, 2022

The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing (HPC) fueling the spending increases, SEMI announced in its latest quarterly World Fab Forecast report.

Industrial 243

Industrial Industry Global Taiwan 243

Green Car Congress

JUNE 24, 2019

A new study published in Nature Communications by researchers from IIASA, Boston University, and the Ca’ Foscari University of Venice found that by mid-century, climate change will increase the demand for energy globally, even with modest warming. The world is dependent on energy both for human wellbeing and society’s continued development.

Climate Change 334

Climate Change Global Energy Climate 334

Green Car Congress

JANUARY 16, 2019

million electric vehicles to be sold globally in 2019. million units—around 57% of the global market. Broader macroeconomic factors (higher interest rates and slowing consumer spending) will also impact global sales. The mini-forecast was part of “Transition in Energy, Transport – 10 Predictions for 2019”.

2019 392

2019 Global Sale South Korea 392

Green Car Congress

MAY 16, 2019

BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. —Colin McKerracher, head of advanced transport for BNEF.

Global 341

Global Sale Cars Electrical 341

Green Car Congress

JUNE 22, 2020

Strategy Analytics forecasts that automotive sensor market growth will be driven by an expected increase in demand for electric vehicles. over the 2019 – 2024 timeframe.

Market 284

Market 2018 2019 Convert 284

Green Car Congress

APRIL 13, 2023

Energy Information Administration (EIA) increased its forecast for the 2023 Brent crude oil price by 2.5% from its previous forecast. EIA expects the Brent crude oil spot price to average $85 per barrel in 2023, $3 per barrel higher than its March forecast. Despite OPEC+ announcing it would cut crude oil production by 1.2

Global 210

Global Fuel Production South America 210

Green Car Congress

MARCH 10, 2020

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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Oil 2020 Global Market 300

Green Car Congress

JUNE 18, 2022

The US Energy Information Administration (EIA) forecasts that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. million b/d, according to the forecast. million barrels per day [b/d]) in 2022 and by 2% (0.8 million b/d) in 2021.

Brazil 259

Brazil Canada Oil-Sands Fuel 259

Green Car Congress

MAY 8, 2023

Despite oil demand in the transport sector forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement. Today, transport of passengers and goods accounts for about a quarter of global energy-related CO 2 emissions, a share that will grow to 30% by 2050.

Oil 335

Oil Transportation Hydrogen North America 335

Green Car Congress

JUNE 18, 2022

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 mb/d in 2023, according to the forecast. Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6 Following nearly two years of declines, observed global oil inventories increased by 77 mb in April. mb/d in 2022 to 2.2

Oil 210

Oil Global Libya Russia 210

Green Car Congress

JULY 8, 2021

As outlined in its current Short-Term Energy Outlook , the US Energy Information Administration (EIA) estimates that global consumption of petroleum and liquid fuels averaged 92.3 EIA expects that global liquid fuels consumption will grow by 5.3 In the EIA forecast, global consumption of liquid fuels rises by an additional 3.7

2019 243

2019 Global Fuel Gasoline-Electric 243

Green Car Congress

MARCH 13, 2020

The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Other elements of the note: BNEF cut the global solar demand forecast for 2020 from 121-152GW to 108-143GW. Chart: BloombergNEF.

Energy Storage 416

Energy Storage Renewable Energy Asia 416

Green Car Congress

FEBRUARY 15, 2022

A new study from Juniper Research forecasts that spend on EV charging at home will exceed $16 billion globally in 2026; up from $3.4 The study found that the global hardware revenue from home charging wallboxes will reach $5.5 billion in 2021. —Research author Nick Maynard. billion in 2026, from just $1.8 billion in 2021.

Global 273

Global Charging Manufacturer Purchase 273

Green Car Congress

APRIL 16, 2021

Strategy Analytics’ Automotive Connected Mobility service released its H1 2021 Global Ride-Hailing Market Update and its associated Global Ride-Hailing Forecast , tracking more than 140 unique operators across 119 different countries. over the next 10 years, with a global market recovery expected toward the end of 2022.

2020 243

2020 Global Market Connect 243

Green Car Congress

SEPTEMBER 29, 2020

Demand growth of the 2020s will soon be dwarfed by the astronomical demand growth of the 2030s, according to a new forecast by Adamas Intelligence. Therein lies the real defining challenge and opportunity facing the global rare earth industry today, the company said. After growing at a CAGR of 6.4% After growing at a CAGR of 6.4%

Supplies 360

Supplies Global Escape 2020 360

Green Car Congress

APRIL 7, 2021

BNEF now forecasts that green hydrogen from renewables should be cheaper than natural gas (on an energy-equivalent basis) by 2050 in 15 of the 28 markets modeled, assuming scale-up continues. These countries accounted for one-third of global GDP in 2019. On one hand the reduction in the forecast was surprising, on the other hand not.

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Cost Of Hydrogen Solar Green 255

Green Car Congress

APRIL 2, 2022

A further analysis, looking at the contribution to xEV growth of each OEM derived from the latest LMC light vehicle powertrain forecast, sheds further light on the returns expected. and is an innovation leader with the highest number of patents filed amongst other global automakers.

Global 370

Global Toyota Auto Industry Light 370

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 of the global LDV fleet in 2020 to 31% in 2050, reaching 672 million vehicles. billion vehicles in 2020 to 2.21

Fleet 243

Fleet Gasoline Global Diesel 243

Green Car Congress

MARCH 6, 2019

Coal production in India, Indonesia and Australia is forecast to grow at respective compound annual growth rates (CAGRs) of 10.9%, 3.9%, and 2.3% After declining consecutively for three years, global coal production increased by 2.8% to 7,188.8 Mt in 2017 and then rose again by a marginal 0.1% to 7,194.1 Mt in 2018.

Coal 321

Coal South Africa Indonesia Global 321

Green Car Congress

MAY 16, 2023

years, up by more than three months over 2022, according to the latest analysis from S&P Global Mobility. million units in 2023, according to S&P Global Mobility forecasts, which is expected to curb the rate of average age growth in the coming year. The newest Channel Forecast is set to be published in June.

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Light Global Vehicles Fleet 273

Green Car Congress

FEBRUARY 3, 2021

Roskill forecasts that demand for rare earth permanent magnets in EV drivetrains will increase by more than 17.5% Although Roskill expects that demand fell in 2020 as a result of the disruptions of the pandemic, the company is forecasting a strong reovery in demand in 2021, increasing by 10% y-on-y.

2020 418

2020 Chinese Supplies 2019 418

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 This year, the world is forecast to produce 1.0 Closing this 2.7

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Reports

OCTOBER 11, 2023

EV sales compared to previous projections, according to new analysis from S&P Global Mobility. A pre-IRA forecast saw two million U.S. Provisions of the Inflation Reduction Act (IRA) could more than double U.S. EV sale by 2030.

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Sale Global Manufacturer 212

Green Car Congress

MARCH 5, 2020

The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. Third-party forecasters expect US EV volumes to more than double from 2025 to 2030 to about 3 million units on average. GM’s all-new modular platform and battery system, Ultium.

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GM Global Batteries Battery 362

Green Car Congress

OCTOBER 29, 2022

Benchmark Mineral Intelligence’s Cobalt Forecast now suggests that cobalt production in the country could increase more than thirty-fold this decade. Indonesia’s nickel and cobalt are key components in global lithium ion battery supply chains.

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Indonesia Cuba Congo Lithium Ion 236

Green Car Congress

JANUARY 11, 2023

The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. EIA forecasts that the European benchmark Brent crude oil price will average less than $80 per barrel in 2024, more than 20% lower than in 2022. per gallon in 2023 and $3.10

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Oil Prices Oil Global Price 210

Green Car Congress

MAY 11, 2022

The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 A high level of uncertainty remains in our outlooks, but we have consistently forecast that elevated crude oil prices would help drive record-level annual US oil production levels in 2023. million barrels per day this year and 12.8

Oil 344

Oil Price Production Oil Prices 344

Green Car Congress

AUGUST 10, 2022

Autonomy, the nation’s largest electric vehicle subscription company, placed an order for 23,000 electric vehicles with 17 global automakers to expand and diversify its subscription fleet beyond Tesla. Production Forecasts: Vehicle will be available to purchase before the end of 2023. The fleet order is valued at $1.2

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Fleet Fisker Store Google 482

Green Car Congress

JANUARY 28, 2022

In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming.

Carbon 418

Carbon Transportation Global 2020 418

Green Car Congress

DECEMBER 13, 2021

Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a new high of $103 billion in 2021, surging 44.7% from the previous industry record of $71 billion in 2020, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective.

Global 243

Global Sale Taiwan 2020 243

Green Car Congress

JUNE 9, 2020

Roskill forecasts that Li-ion battery demand will increase more than ten-fold by 2029, reaching in excess of 1,800GWh capacity. The pipeline capacity of battery gigafactories is reported by Roskill to exceed 2,000GWh in 2029, at more than 145 facilities globally.

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Li-ion Ni-Li Batteries Battery 246

Green Car Congress

JULY 27, 2023

Africa’s mined lithium production output is set to increase more than ten-fold this decade, according to Benchmark’s Lithium Forecast. Benchmark’s Lithium Forecast shows that the region is expected to account for just 4% of global mined lithium supply this year. The continent is forecast by Benchmark to produce just 0.1%

Namibia 195

Namibia Supplies Global Africa 195

Green Car Congress

FEBRUARY 6, 2021

The European Commission’s Joint Research Centre (JRC) has released a report by Roskill that analyzes the EU’s nickel requirements for EV batteries within the context of the global market over a twenty-year forecast horizon to 2040. There are two tiers of this market balance that need to be considered.

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Ni-Li Supplies Batteries Battery 397

Green Car Congress

NOVEMBER 9, 2022

US distillate fuel inventories average 17% below the five-year average in the forecast for 2023. EIA sees additional uncertainty in the global marketplace for distillates and other fuels as the European Union plans to ban imports of petroleum products from Russia in early 2023. EIA forecasts Russia will produce 9.3

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Oil Diesel Price Russia 334