Green Car Congress

OCTOBER 13, 2022

Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Record electricity prices are forcing consumers to consider new forms of energy supply, driving the residential storage market in the near term.

Energy Storage 259

Energy Storage Global Market Energy 259

Green Car Congress

JUNE 17, 2022

The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas.

Price 476

Price Coal Gas-Electric United States 476

Green Car Congress

MAY 2, 2023

INSG forecasts this to reach 3.374Mt in 2023. The INSG forecasts an increase to 3.134Mt in 2023. The implicit market balances are therefore a deficit of 169kt in 2021, and surpluses of 105kt in 2022 and 239kt in 2023. The INSG has no provision for market stabilization activities or market intervention of any kind.

International 218

International Market Indonesia Portugal 218

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

JUNE 23, 2021

A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. New material selection and change of manufacturing procedures show an indication of a reshuffle of the battery supply chain.

Market 418

Market Battery Batteries Li-ion 418

Green Car Congress

JANUARY 26, 2023

In its January 2023 Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that crude oil production in the United States will average 12.4 Increased production in the Permian region and, to a lesser extent, in the Federal Offshore Gulf of Mexico (GOM) drives the forecast growth in production. million b/d.

Oil 468

Oil Oil Prices Production Dallas 468

Green Car Congress

JUNE 4, 2023

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

Market 304

Market Indonesia Russia Supplies 304

Green Car Congress

JULY 5, 2021

Automotive supplier Eberspächer is entering the fast-growing market of hydrogen and fuel cell technology. We are deliberately investing in a future market and want to grow purposefully with hydrogen and fuel cell technology. Since the overall market for fuel cell applications is growing strongly, Eberspächer is investing purposefully.

Hydrogen 418

Hydrogen Market Fuel Colorado 418

Green Car Congress

APRIL 6, 2020

Rodgers and York Capital), and non-dilutive funding from market-leading customers. Based on successfully deploying 3D Silicon Lithium-ion Battery technology in portable electronic devices, Enovix is now working with leading international automobile manufacturers to develop its patented battery technology for the electric vehicle (EV) market.

Lithium Ion 416

Lithium Ion Market Automobile Manufacturer Battery 416

Green Car Congress

DECEMBER 24, 2022

Australia’s lithium production is forecast to grow from 335,000 tonnes of lithium carbonate equivalent (LCE) in 2021–22 to 399,000 tonnes in 2022–23 and 470,000 tonnes of LCE in 2023–24. In 2022–23 Australia’s export earnings are forecast to more than triple — from $4.9 billion in 2021–22 to $16.1 billion, and $17.0 billion in 2023–24.

Australia 281

Australia South Korea Argentina Chile 281

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. Opportunities to accelerate change through pilot projects and uptake of alternative energy need to be seized as soon as possible.

Oil 335

Oil Transportation Hydrogen North America 335

Green Car Congress

APRIL 11, 2023

A new survey of automakers and Tier 1 suppliers conducted by Ducker Carlisle concludes that as electric vehicles continue to enter the mass market, aluminum demand will grow through the end of the decade. SUVs and pickups will make up nearly 85% of the BEV market by 2030.

Market 449

Market SUV 2020 MPG 449

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

JULY 20, 2020

Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. The Bloom Energy Servers are a proven market leader in clean, reliable, and resilient on-site power. —Jason Ahn, CEO of SK E&C.

Hydrogen 386

Hydrogen South Korea Market Energy 386

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. Early data from the main markets in Asia shows a drop in vehicle sales of 44% for China and 18% for Korea, two of the hardest hit countries. Chart: BloombergNEF.

Energy Storage 416

Energy Storage Renewable Energy Asia 416

Green Car Congress

FEBRUARY 26, 2020

The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research. —Lux analyst Chloe Holzinger, one of the report’s lead authors. Medium- and heavy-duty vehicles come in next, growing from $600 million a year in 2019 to a projected $3.6

Energy Storage 417

Energy Storage Market Energy 2019 417

Green Car Congress

MARCH 14, 2023

IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

Market 195

Market Li-ion Battery Batteries 195

Green Car Congress

MAY 18, 2022

The Cobalt Institute’s Cobalt Market Report 2021 , prepared by CRU, confirms the role of cobalt as one the key commodities of the green future, due to the rapid growth of the lithium-ion battery market and a strong global uptake of electric vehicles. Due to relative market weakness, European prices averaged $2.5

Market 293

Market Lithium Ion Congo Supplies 293

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

JULY 18, 2020

The Mobility Dynamic Index Forecast Module identifies the changes in travel mobility caused by the evolution of the COVID-19 pandemic and government orders. An effective forecast or estimate of the pandemic impacts could help people to well prepare and navigate around unknown risks. —Ou et al.

Gasoline 505

Gasoline Motor Motors Motoring 505

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

JULY 25, 2022

Researchers at Cornell have developed a coupled transportation–power system framework for incorporating a wireless charging road system into the real-time electricity market. Our control strategy is computationally efficient and requires no forecasts of the system states, making it appealing to practical applications. Jie Shi, H.

Energy Storage 321

Energy Storage Market Charging Power Grid 321

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.

Ni-Li 397

Ni-Li Supplies Battery Batteries 397

Green Car Congress

AUGUST 10, 2022

of the projected US electric vehicle production through the end of 2023 and was designed to fit into the forecast production envelopes of each automaker. Tesla was certainly the right launch partner for Autonomy given their dominance in the electric vehicle market today. The 23,000-unit order represents 1.2%

Fleet 482

Fleet Fisker Store Google 482

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. over the same period, Adamas Intelligence forecasts that the value of global magnet rare earth oxide consumption will rise five-fold by 2030, from US $2.98 After growing at a CAGR of 6.4%

Supplies 360

Supplies Global Escape 2020 360

Green Car Congress

JULY 8, 2022

In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions.

Asia 326

Asia Market Battery Batteries 326

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

SEPTEMBER 6, 2023

of the total new-vehicle retail market. Power has just introduced a new EV Retail Share Forecast, which captures granular EV sales, consideration, pricing, infrastructure growth and other census and demographic factors to project state-by-state EV adoption rates through 2035. Power EV Retail Share Forecast. Methodology.

South Dakota 370

South Dakota North Dakota Powered Power 370

Teslarati

FEBRUARY 19, 2025

CFRA Research analyst Garrett Nelson claims that Tesla (NASDAQ:TSLA) stock is trading at a fraction of its market potential. Last month, Morgan Stanely forecasted an $800 bull case scenario for Tesla based on the potential of its robotaxi business. Nelson believes Tesla’s robotaxi business will drive the stock to higher heights.

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Market Tesla United States Austin 126

Teslarati

MARCH 24, 2025

Elon Musk shared some stock market advice during the Tesla All-Hands keynote for Q1 2025. A few analysts have lowered their Tesla price target, forecasting a drop in first-quarter deliveries. The post Elon Musk’s stock market advice: ‘Do you love the products?’ ’ appeared first on TESLARATI.

Market 107

Market Production Tesla Price 107

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

MAY 6, 2023

Now, in its latest annual report on rare earth magnets ( “Rare Earth Magnet Outlook to 2040” ) Adamas Intelligence forecasts that NdFeB magnets will increase at a CAGR of 7.5% as the supply side of the market increasingly struggles to keep up with rapidly growing demand. didymium, dysprosium and terbium) these magnets contain.

Market 210

Market Global Supplies Wind 210

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. This would bring Indonesia into second place for cobalt mining, after the Democratic Republic of Congo.

Indonesia 236

Indonesia Cuba Congo Lithium Ion 236

Green Car Congress

AUGUST 9, 2023

In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 million barrels per day in 2023—200,000 barrels per day more than in its July forecast. EIA forecasts the Brent crude oil price to increase the rest of 2023 and to approach $90 per barrel in late 2023. million b/d, with 1.2

Oil 370

Oil Oil Prices Global Price 370

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. A year ago, BNEF estimated their impact on road fuel demand at 7.3

Global 341

Global Sale Cars Electrical 341

Green Car Congress

NOVEMBER 29, 2021

We have been developing customized motors and electronic components to have the best performing e-bikes in the market. Ariel Rider’s forecast for 2022 is 75,000 e-bikes, with 150,000 units targeted for 2023. This new funding from our partners and their local expertise will help us achieve our goals at a faster pace. —Arda Onal.

Seattle 435

Seattle Companies Market Manufacturer 435

Green Car Congress

MAY 14, 2022

Benchmark forecasts lithium demand in 2030 will reach 2.4 million tonnes more than the 600,000 tonnes of lithium Benchmark forecasts will be produced in 2022. By 2030, there will also be a deficit of 230,000 tonnes of refined nickel, as assessed by Benchmark’s Nickel Forecast. Benchmark Lithium Price Index as of 22 April 2022.

Industrial 307

Industrial Industry Indonesia Carbon 307