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. per gallon this summer, peaking between $3.60/gal

Fuel 210

Fuel Gasoline Global South America 210

Green Car Congress

DECEMBER 24, 2022

Among the lithium-specific findings of the report: Spodumene prices are estimated to rise from an average of US$598 a tonne in 2021 to US$2,700 a tonne in 2022, and US$4,010 a tonne in 2023 before moderating to US$3,130 in 2024. In 2022–23 Australia’s export earnings are forecast to more than triple — from $4.9 billion, and $17.0

Australia 281

Australia South Korea Batteries Battery 281

Green Car Congress

MAY 11, 2022

The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). million barrels per day this year and 12.8

Oil 344

Oil Gasoline-Electric Gas-Electric Price 344

Green Car Congress

JANUARY 11, 2023

EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. EIA forecasts US gasoline prices to average around $3.30 per gallon in 2023 and $3.10

Oil Prices 210

Oil Prices Oil Gasoline-Electric Price 210

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 Lithium Ion Energy Global 259

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 Gas 468

Green Car Congress

NOVEMBER 30, 2020

While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.

Batteries 382

Batteries Battery Price Supplies 382

Green Car Congress

APRIL 20, 2022

The US Energy Information Administration (EIA) forecasts that retail gasoline prices will average $3.84 per gallon this summer driving season—April through September—compared with last summer’s average price of $3.06/gal. EIA expects higher fuel prices this summer as a result of higher crude oil prices.

Gasoline 259

Gasoline Diesel Oil Prices 2014 259

Green Car Congress

AUGUST 3, 2021

In an effort to provide a degree of transparency to the large variance of forecasted costs due to differences in methods and assumptions, the Münster team clustered the papers according to four applied forecasting methods: technological learning; literature-based projections; expert elicitations; and bottom-up modeling. Mauler et al.

Batteries 243

Batteries Battery Lithium Ion Lithium Sulfur 243

Green Car Congress

JUNE 4, 2023

This was caused not only by a 45% price increase in 2022 and a subsequent correction, but also by worsening market fundamentals. At the same time, robust demand for nickel in alloys and special steel sectors supports prices of the exchange-traded Class 1 nickel. The forecast for nickel supply in 2023 is almost unchanged at 3.45

Indonesia 301

Indonesia Market Electric Vehicles Batteries 301

Baua Electric

MAY 23, 2023

Proposed Euro 7 emissions rules will top to direct prices for automakers which might be as much as 10 instances upper than the Ecu Fee’s forecasts, business lobbying staff ACEA stated, mentioning a fresh learn about. ACEA stated the rise in costs for shoppers and corporations purchasing the ones automobiles could be even upper.

Emissions 52

Emissions Price Automobile Auto Industry 52

Green Car Congress

APRIL 30, 2022

Chinese lithium and cobalt sulfate prices fell this month as strict COVID-19 lockdowns in Shanghai and elsewhere limit demand in the world’s largest electric vehicle market. Prices for cobalt sulfate fell by 6%, according to Benchmark’s Cobalt Price Assessment. Consultancy Rho Motion now forecasts Chinese EV sales of 5.6

Price 279

Price Electric Vehicles Batteries Battery 279

Green Car Congress

JUNE 18, 2022

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 mb/d in 2023, according to the forecast. Runs are forecast to rise by 3.5

Oil 210

Oil Global Diesel Russia 210

Green Car Congress

MARCH 14, 2023

IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The new report from IDTechEx assesses how these processes impact the final pricing of second-life BESS to be competitive with new Li-ion BESS. Li-ion battery circular economy.

Li-ion 195

Li-ion Batteries Battery Electric Vehicles 195

Green Car Congress

JUNE 6, 2020

The study concludes that, with appropriate policy support, the renewable hydrogen sector can reach self-sustainability (price point at parity with conventional fuel on a fuel-economy adjusted basis) by the mid- to late-2020s. tool developed by Argonne National Laboratory augmented with a learning-curve forecast of cost-reduction potential.

Hydrogen 357

Hydrogen Renewable Fuel Fuel Economy 357

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.

Electric 259

Electric Electrical Diesel Global 259

Green Car Congress

SEPTEMBER 8, 2022

The US Energy Information Administration (EIA) expects higher-than-average natural gas prices globally as demand remains high this winter in the United States, Europe, and Asia, and inventories remain low. That price will be the highest inflation-adjusted monthly average price since 2008.

Gas 150

Gas Gas-Electric Price Global 150

Green Car Congress

APRIL 20, 2022

In its new Rare Earth Magnet Market Outlook to 2035 report, Adamas Intelligence forecasts that global demand for NdFeB magnets will increase at a CAGR of 8.6%, bolstered by double-digit growth from electric vehicle and wind power sectors. and prices projected to increase at CAGRs of 3.2% billion this year to US $46.2 billion by 2035.

Electric Vehicles 170

Electric Vehicles Global All-Electric Electric 170

Teslarati

MAY 9, 2023

Lucid Motors was the first domino to fall this week , releasing its Q1 earnings report, which showed investors weakening demand, a flimsy financial position, and a disheartening production forecast. Foremost, the automaker announced a production cut to its incredibly optimistic 2023 forecast.

Fisker 98

Fisker Vehicles Motor Motors 98

Green Car Congress

DECEMBER 4, 2019

Battery prices, which were above $1,100 per kilowatt-hour in 2010, have fallen 87% in real terms to $156/kWh in 2019. By 2023, average prices will be close to $100/kWh, according to the latest forecast from research company BloombergNEF (BNEF). —James Frith, BNEF’s senior energy storage analyst and author of the report.

Li-ion 243

Li-ion Batteries Battery Price 243

Green Car Congress

DECEMBER 11, 2014

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s latest forecast. million barrels per day next year, 280,000 barrels lower than its previous forecast and the lowest in 12 years. You start to price that in now.”.

Oil Prices 199

Oil Prices Oil 2015 Price 199

Teslarati

MAY 17, 2023

.” As initially reported by CNBC , Sacconaghi’s report details numerous headwinds that he believes Tesla will face in the coming months and years, ultimately leading to his price target of just $150 per Tesla share, a roughly 10% downside from yesterday’s closing price, according to CNBC.

Tesla 98

Tesla Companies Vehicles United States 98

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. Benchmark Lithium Price Index as of 22 April 2022. As such, Benchmark will now move from bi-monthly to weekly publication of its Chinese lithium prices.

Industrial 307

Industrial Industry Carbon Indonesia 307

Green Car Congress

JUNE 19, 2018

BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s. Fuel burn trends globally are forecast to be dire in the long run for the coal industry, but moderately encouraging for the gas extraction sector.

Wind 220

Wind Gas-Electric Batteries Battery 220

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% With total magnet rare earth oxide consumption forecasted to increase at a CAGR of 5.2% (versus a higher 7.0% billion this year to US $56.7 billion by 2040.

Market 210

Market Electric Vehicles Supplies Global 210

Green Car Congress

JANUARY 12, 2020

In August 2019, CRU reported on the steady slide in prices that has occurred in the lithium market since the beginning of the year. Since then, prices have continued to fall, CRU notes. Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments. The rest of the lithium market is fragmented.

China 243

China Price Li-ion Sale 243

Green Car Congress

SEPTEMBER 6, 2019

CRU analysts observe that lithium prices have steadily declined since the end of Q1, finally crashing through the $10/kg LCE mark at the end of July. While many are forecasting long-run prices for lithium in the mid-teens LCE, citing refinery bottlenecks and the potential for ramp-up delays in the mining and refining sector, CRU disagrees.

Price 252

Price Li-ion Supplies Sale 252

CN EV Post

APRIL 17, 2023

NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. The price war has had a big impact on the auto industry, and NIO will not follow suit. percent year-on-year and 23.6 percent year-on-year and 23.6 percent from February.

Price 145

Price Sale Auto Industry Auto 145

Green Car Congress

APRIL 7, 2023

The bank, which was announced in September 2022, aims to support hydrogen producers using an auction bidding system, which ranks bidders according to price per kilo of hydrogen. ICIS data shows that European hydrogen demand by 2030 is forecast to reach 10.3 million tonnes (mt) by 2030. The first auction will be held in autumn of 2023.

Hydrogen 447

Hydrogen Renewable Netherlands Price 447

Green Car Congress

MARCH 12, 2012

billion by 2017, the market intelligence firm forecasts. billion and 28 million kWh market that Pike Research also forecasts by 2017. Reducing the installed price of EV batteries to $523 per kilowatt hour in 2017 will be a critical step towards making PEVs cost-competitive with petroleum-powered vehicles. —John Gartner. (In

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Li-ion Batteries Battery 2017 324

Green Car Congress

FEBRUARY 4, 2023

By 2035, with demand and prices expected to continue rising, Adamas projects the value of consumption will increase another 10-fold. Specifically, from 2022 through 2035, Adamas forecasts that the value of rare earth oxides consumed by energy-transition-related applications will rise at a CAGR of 19.1%, from $3.8 billion in 2035.

Motor 221

Motor Motors Motoring Electric Vehicles 221

Green Car Congress

AUGUST 10, 2022

Continued demand for natural gas to generate electricity has contributed to relatively high prices for natural gas, even as more natural gas enters the domestic market due to the June shutdown of the Freeport liquefied natural gas terminal. EIA expects US residential electricity prices will be 6.1%

Gas-Electric 273

Gas-Electric Electric Electrical Gas 273

Green Car Congress

APRIL 18, 2023

Total Chinese Tier 3 production next year is forecast to be 2% larger than the demand for Tier 3 batteries globally. By 2026, Benchmark forecasts Tier 3 production to be 31% higher than demand, even accounting for producers using less of their installed capacity as a result.

Chinese 259

Chinese Lithium Ion Batteries Battery 259

Green Car Congress

NOVEMBER 25, 2020

In its new Lithium Outlook to 2030 report, Roskill notes that the prolonged downward trend for lithium compound and mineral concentrate prices has caused a difficult environment for many lithium producers since 2018. In 2019, monthly average lithium carbonate prices fell 36% between January and December. Source: Roskill.

Li-ion 334

Li-ion Recharge Batteries Battery 334

Green Car Congress

JULY 8, 2021

In the EIA forecast, global consumption of liquid fuels rises by an additional 3.7 EIA forecasts US liquid fuels consumption will rise to 19.6 EIA forecasts global inventories will continue to fall in the near term but at a slower rate, with global inventories falling by 0.2 US regular gasoline retail prices averaged $2.78

Gasoline-Electric 243

Gasoline-Electric Fuel 2019 Global 243

Green Car Congress

FEBRUARY 4, 2021

Roskill forecasts demand to exceed 1.0Mt LCE (lithium carbonate equivalent) in 2027, with growth in excess of 18% per year to 2030. However, longer term scenarios continue to show strong growth for lithium demand over the coming decade.

Lithium Ion 337

Lithium Ion Li-ion Batteries Battery 337

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% The growth in RE permanent magnet demand in EVs is also expected to have implications for other end-use applications, which may be more price sensitive, with opportunities for substitution and thrifting in higher price scenarios.

2020 418

2020 Chinese Electric Vehicles Supplies 418