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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

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Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Lithium carbonate is forecast to trade near its high. Lithium is expected to trade at 484,185.00 by the end of this quarter. Earlier post.). Source: Trading Economics.

Carbon 483
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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

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National programs encouraging the growth of the PEV sector include the establishment of aggressive goals, subsidies for EV purchasers, research and development support and demonstration projects, tax incentives, regulation and standardization, and public education programs.

Asia 236
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Pike Research forecasts global geothermal power capacity could more than double by 2020; US to lead world in geothermal power capacity through 2020

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GW, under a high-growth forecast scenario, according to a report by Pike Research. Under a more conservative business-as-usual forecast scenario, Pike estimates that geothermal power capacity could increase 34% to 14.3 Pike forecasts that total US geothermal capacity will reach 4.2 gigawatts (GW) to 25.1 GW by 2020. GW in 2020.

2020 186
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UK study concludes cumulative global sales of EVs could reach 30M units by 2050, or 1.5% of projected global car parc; decisive global action required

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million units/year); the availability of subsidies and incentives; the availability of an extensive and expensive recharging infrastructure and adequate energy supplies; the future cost of oil; and the cost of meeting transport emissions legislation through means other than EV production.

Global 225
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ABI Research sees annual EV sales at 2.36M units worldwide in 2020; importance of autonomous EVs in Internet of Things

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Overall, EV sales have been disappointing so far due to a lack of choice and perceived personal benefits, high purchase prices, and most importantly, consumer anxiety about range, maximum speed, recharging times, and the lack of public charging infrastructure. —ABI VP and practice director, Dominique Bonte.

2020 240
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Why Hotels Should Install Electric Vehicle Chargers for the Holidays

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The auto organization forecasted that over 49 million Americans would hit the road for Thanksgiving 2023, an increase of 2.3% As for the year-end holiday travel , AAA forecasts that “115.2 million electric vehicles on the road in the US, and sales forecasted to reach 2.5 The vast majority – nearly 89% – were expected to drive.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

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The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. Tesla’s Superchargers can recharge EVs to 80% in 20 to 40 minutes. million unit uptick in 5 years. ZEV sales increased 29.1%