Fitch Solutions forecasts nickel demand for EV batteries to grow 29.2% per year to 2030

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This estimate is a significant increase from the market analysis firm’s 2018 forecast, due to upwards revisions in its EV sales forecasts. Fitch bases its forecast on the underlying assumption that NMC 811 cathodes will rise to 80.0%

IHS Markit forecasts 18% drop in global vehicle sales YoY to 73.3M units under extended lockdown scenario

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IHS Markit is projecting an 18% drop in global new vehicle sales year-on-year under an extended lockdown scenario to 73.3 Regionally, that breaks out to: -26% US vehicle sales decline YoY to 12.6 17% Europe vehicle sales decline YoY to 17.1

2020 209

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

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IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 percent, compared with its previous forecast of 4.4 However, sales activity may not be as negative as current media reports suggest, according to IHS. Source: IHS Automotive, September 2015 Light Vehicle Sales Forecast.

2015 216

IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

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In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 European Light Commercial Vehicle Sales 2018. Forecast eLCV share of total global LCV market revenue. Electric (Battery) Fleets Forecasts

2020 232

BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

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Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). This represents an aggressive jump compared to BNEF’s previous forecast of 35% EV new car market share by 2040. The forecast shows EV sales worldwide growing steadily in the next few years, from the record 700,000 seen in 2016 to 3 million by 2021.

2017 163

Honeywell Transportation Systems Forecast: turbocharged vehicles to account for 48% of annual global sales by 2021; electric boosting emerges

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Honeywell’s Transportation Systems Forecast projects that turbocharged vehicles will acount for 48% of annual global sales by 2021, up 9 percentage points from 2016. This annual sales estimate, combining both passenger and commercial vehicles, would add more than 232 million turbocharged vehicles globally between 2017 and 2021—an increase of 35% from today. The global turbo business is expected to reach almost $12 billion in industry sales in 2021.

2016 214

BNEF report: EV sales headed for 5.6M in 2021 as automakers target 40M per year by 2030

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Passenger electric vehicle sales are set to jump more than 80% in 2021 to 5.6 A review of industry outlooks finds that zero-emission vehicle forecasts have been raised across the board. The Annex finds that similar national targets account for 20% of passenger vehicle sales.

2019 232

Navigant forecasts global annual sales of LDVs of 122.6M by 2035, up 38% from 2015

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In a new report, Navigant Research forecasts global annual sales of light duty vehicles will reach 122.6 Navigant expects sales of conventional internal combustion engine (ICE) vehicles will fall significantly over the forecast period, experiencing a CAGR of -6.6%. of global LDVs in use; however, PEVs (which also includes PHEVs) will represent more than 2.2%, according to the forecast. — Transportation Forecast: Light Duty Vehicles.

2015 192

Guidehouse Insights forecasts deployments of highly automated vehicles are unlikely before 2025

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According to the report, with consumers having less disposable income for the foreseeable future, vehicle sales and ride-hailing services are also likely to take a significant hit. Forecasts for partially automated vehicles are also included. Autonomous driving Forecasts Market Background

2020 170

GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

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Behavior Electric (Battery) Forecasts Health Market Background SalesGlobalData 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. GlobalData’s analysis suggests that low oil prices will lead to a longer waits for the reduced fuel costs offered by electric vehicles (EVs) to amortize their higher purchase prices.

2020 281

Navigant forecasts modest global annual sales growth of e-bicycles, reaching 40.3M units in 2023

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In a new report , Navigant Research forecasts that global annual sales of e-bicycles will grow modestly from 31.7 million e-bicycle sales this year under the base scenario, representing 91% of the total global market. This growth in demand is expected to result in revenue for global e-bicycle sales of $13.5 Navigant forecasts faster growth for North America, Western Europe, and Latin America (6.8%, 12.3%, and 9.5%

2014 234

EVs new sales increased by 26% in global automotive market

Electric Vehicles India

EVs new sales increased by 26% in global automotive market. Electric vehicles sales are rapidly growing day by day, in the first half of 2021 the sales have increased by 26% with 2.6 million units representing 26% of new sales in the global automotive market.

Honeywell Global Turbo Forecast projects 49M turbocharged vehicle sales, $12B revenue per year by 2019

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The automotive turbocharging industry will generate $12 billion in revenue by equipping 49 million vehicles with turbochargers annually by 2019, according to Honeywell Turbo Technologies’ 2014 Global Turbo Forecast. Continued pressure to improve the driver experience and meet future industry requirements is spurring the positive trend seen in this year’s forecast, which include double-digit growth in both North America and China. Engines Forecasts Fuel Efficiency Vehicle Systems

2014 221

CRU: Chinese EV sales hit hard by COVID-19 outbreak, but only for short-term

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The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. EV sales in China dropped 75.2%

2020 209

Electric Vehicle Forecast For 2030

Sales revenue for electric vehicles has continued to grow exponentially throughout 2020. The post Electric Vehicle Forecast For 2030 appeared first on The verdict is in, and electric cars are here to stay.

2020 52

Navigant forecasts global light duty electrified vehicle sales to exceed 6.0M in 2024; PEVs to account for roughly half

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In a new report, Electric Vehicle Market Forecasts , Navigant research projects that under its base scenario, global sales of light duty electrified vehicles (i.e., million vehicle sales in 2015 to more than 6.0 Under a conservative scenario, Navigant forecasts more than 5.8 Electric Vehicle Market Forecasts”. Electric (Battery) Forecasts Hybrids Plug-ins Sales

2015 150

Mercedes-Benz Cars tripled global sales of xEVs in 2020; 7.4% of sales

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We more than tripled sales of our plug-in hybrids and all-electric cars. Our internal forecasts for 2020 indicate that we will have achieved the European CO 2 targets for passenger cars last year. Sales of plug-in hybrids almost quadrupled to more than 115,000 units. kWh/100 km) achieved sales of about 1,700 vehicles. With sales of 2,164,187 units (-7.5%), Mercedes-Benz maintained a leading global position compared with its core competitors.

Sale 247

IHS Markit: global auto sales to drop 22% this year

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IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 Risks to the forecast skew to the downside. —Colin Couchman, executive director, global autos demand forecasting at IHS Markit.

2020 150

Tesla’s biggest bear sets Q3 delivery forecast at 223k


Earlier today, GLJ Research released its Q3 2021 delivery forecast at 223,000 vehicles, which is slightly above consensus estimates. In terms of Johnson’s claim that Tesla sales are declining, this is not accurate.

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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North America, Europe, and Asia Pacific will continue to drive PEV sales, as the technology will have only limited availability in the emerging markets of Latin America and Africa. The requirement has been extended through 2025; however, the mandated sales levels are not likely to be met, Navigant notes. Sales of e-motorcycles have been increasing, but the market remains a tiny fraction of the e-bicycle and e-scooter market (5.2 PEV makers pursue revenue beyond vehicle sales.

2014 280

Juniper forecasts HEV & EV sales to total 17M by 2020; Tesla ranked leading EV manufacturer

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A new study from Juniper Research forecasts that nearly 17 million hybrid and electric vehicles will be on the road by 2020, up from an estimated 12 million last year. Juniper Research ranked the top 5 electric vehicle manufacturers, scoring them on five key factors: Vehicle range (EPA rated mileage); unit sales; infrastructure implementation; time spent in development and deployment; future plans and innovation. Electric (Battery) Forecasts Hybrids Plug-ins Vehicle Manufacturers

2016 150

CAR: US light-duty vehicle sales to dip in 2019

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The Center for Automotive Research’s (CAR’s) updated automotive sales outlook forecasts US light-duty vehicle sales at 16.8 CAR’s forecast includes a continuation of sales declines in 2020 and 2021 down to 16.5 CAR projects sales to rebound to 16.8 US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. Forecasts Sales

2019 161

BNEF: EV sales to fall 18% in 2020, overall car market by 23% in response to health and economic crisis

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BloombergNEF (BNEF) forecasts that sales of electric passenger vehicles will fall 18% in 2020 to 1.7 However, sales of combustion engine cars are set to drop even faster this year (by 23%), and the long-term electrification of transport is projected to accelerate in the years ahead.

2020 222

Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6 million LD NGVs sales in 2025. Fleets Forecasts Natural Gas Sales

2015 150

Navigant forecasts global natural gas fleet of 34.9M by 2020

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In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 Asia Pacific leads in terms of annual sales of NGVs, with 1.2 million sales expected in 2013. Germany is growing rapidly (30% CAGR), and Navigant expects NGV sales in the country to climb from 7,331 in 2013 to 46,275 in 2020 due in large part to increased availability of refueling stations (surpassing 1,000 stations in 2018).

2013 260

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% Forecasts Sale

2015 199

Pike forecasts cumulative plug-in vehicle sales to reach 5.2M units worldwide by 2017

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Annual light-duty electric vehicle sales, world markets: 2011-2017. Pike Research forecasts that cumulative sales of plug-in electric vehicles (PEVs), the category that includes both plug-in hybrid and battery-electric vehicles (PHEVs and BEVs), will reach 5.2 By the same year, cumulative sales of hybrid-electric vehicles (HEVs) will represent an additional 8.7 Electric (Battery) Forecasts Hybrids Plug-ins

2011 238

Navigant forecasts global sales of LDV electric drive motors to hit 3.7M by 2020

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Unit sales of electric drive motors for light-duty vehicles (LDVs) will reach 3.7 While sales of battery electric vehicles (BEVs) are increasing, the growth is slow and steady rather than exponential. Automated production processes will be one improvement when sales volumes increase from a few hundred to tens of thousands annually, and the component costs of power electronics modules will also decline. Electric (Battery) Forecasts Hybrids Motors

2013 221

BloombergNEF: electrics to take 57% of global passenger car sales, 81% of municipal bus sales by 2040

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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. BNEF expects there to be 508 million passenger EVs on the road globally by 2040; including commercial EVs, this brings the BNEF 2040 EV fleet size forecast to about 550 million.

2019 273

BloombergNEF expects 40% growth in global EV sales in 2019; 2.6M vehicles, 1.5M in China

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China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. Broader macroeconomic factors (higher interest rates and slowing consumer spending) will also impact global sales. BNEF expects European EV sales to come in just under 500,000 units, with strong growth in the Nordics and in Germany. BNEF expects North America sales to come in around 425,000 units, up modestly from 405,000. Electric (Battery) Forecasts

2019 311

BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

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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. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April. Electric (Battery) Forecasts

2016 200

Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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2015 forecast share by region. In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Under the forecast, China will thus represent 26% of global auto sales in 2015. million units sold, according to the report, or 46% of global auto sales. CEO Mary Barra also expects light vehicle sales in the United States to reach a range of 16.5

2015 191

Navigant Research forecasts plug-ins will be 2.4% of global new vehicle sales by 2023; luxury brands to represent about 50% of that

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Navigant Research forecasts that plug-in EVs (which include plug-in hybrids and battery EVs), will represent 2.4% of total worldwide light-duty vehicle sales by 2023, or about 2.5 Accordingly, Navigant expects this luxury brand push to increase global sales of plug-in EVs significantly in the near term. —“Electric Vehicle Market Forecasts”. Light-duty EV sales by scenario, world markets: 2014-2023. HEV sales are expected to surpass 2.4

2014 233

Pike Research forecasts hybrids and plug-ins to grow to 4% of European market in 2020

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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 With fuel prices significantly higher than in North America for many years, small, efficient gasoline- and diesel-engine cars have led European sales figures.

2013 249

Forecast: In 2030, gasoline will still power 7 out of 10 new U.S. vehicles

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market forecasts Car SalesGiven the daily churn of electric-car announcements, major manufacturing investments, and battery supply-chain news, it could be a little hard to understand one reality-check projection: that even in 2030, a solid majority of vehicles sold could still burn fossil fuel. Last week, LMC Automotive, a consulting firm with a strong reputation for its.

2019 93

Pike Research forecasts clean diesels to represent more than 12% of global light-duty vehicle sales by 2018; outpacing hybrids in North America

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Annual clean diesel ldv sales by region, world markets: 2012-2018. A new report from Pike Research finds that rising fuel prices and stronger fuel economy regulations will stimulate increasing demand for clean diesel vehicles in markets around the world, and forecasts sales of these vehicles will increase from 9.1 of all LDV sales by the end of that period. The overall LDV market in the United States grew by just 10% and hybrid vehicle sales actually dipped slightly.

2012 225

Pike Research updates xEV forecasts; projects Ford to lead US PEV market, followed by GM

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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. Highlights of the forecast include: HEVs will be the largest segment of xEVs through the period to 2020, with anticipated sales reaching 2.1

2012 225

Navigant forecasts global sales of electric drive buses to reach 181,000 in 2026

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In a new report , Navigant Research forecasts that the global market for electric drive buses will grow from about 119,000 buses in 2016 to 181,000 in 2026. Electric drive buses of all types are expected to see steady sales growth over the next decade, driven by clean air legislation and government incentives.

2016 179

Navigant forecasts global sales of 48V systems to reach 9M in 2025

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In a new report ( Low Voltage Vehicle Electrification ) Navigant Research forecasts sales of 48V systems to reach 9 million units in 2025 after first launching in 2016. On top of this, growth in Asia Pacific will bring sales of low-voltage stop-start systems to more than 60 million units annually by 2025, representing a compound annual growth rate of 10.6%.

2016 185

Electric vehicles outsell ICE cars in Norway, forecasting a combustion engine decline


The Norwegian Road Traffic Information Council (OFV) reported that most new passenger car sales in July were zero-emission cars, taking up 64.1% As of July 2021, zero-emission vehicles make up the majority of new passenger car sales. Hybrid sales dropped by 6.4%

Norway 114

BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

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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. Other elements of the note: BNEF cut the global solar demand forecast for 2020 from 121-152GW to 108-143GW.

2020 337

Pike Research forecasts annual global sales of light-duty natural gas vehicles to reach 3.2M in 2019

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million vehicles sold in 2019, according to a new forecast by Pike Research. This level of sales results in a cumulative total of 25.4 Fleet sales of NGVs are growing at a rate of 10.8% Other markets in Latin America combined have sales of less than 100,000 vehicles in 2012, but Pike Research expects to see strong growth (about 10% CAGR each) over the next several years. are the largest LD NGV markets (2012 sales will reach 151,487 and 159,046.

2012 255

Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

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Polk forecast, millions of units. Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% Polk expects China to make the largest contribution to global sales growth for new vehicles, with an anticipated 16% increase over 2011. Polk expects light-duty vehicle sales in the US to grow at a moderate pace, with a 7.3% —Anthony Pratt, director of forecasting for the Americas at Polk. Forecasts Sales

2012 179