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Roskill: automotive batteries and stainless steel to drive nickel demand

Green Car Congress

per year over the course of the forecast period, due to rising output in China and Indonesia. Two-year LME cash price chart for nickel. By 2027, Roskill forecasts that EV sales (including BEVs, plug-in hybrid EVs, fuel cell EVs and low speed EVs) will account for nearly 30% of the total. Click to enlarge.

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BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

Interestingly, BYD’s all-electric vehicles are beginning to outpace its plug-in hybrids (PHEVs). BYD’s PHEV sales were up 21% to 95,715 last month. Recent launches in Mexico, India, Australia, Indonesia, and Europe will also likely drive sales this year. Production was only up 9% to 90,749 units. After selling nearly 1.6

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New report finds global CO2 vehicle emission reduction measures falter; dropping diesels, increasing SUVs

Green Car Congress

There are several reasons for these differences, including fuel prices, and average vehicle size. China saw new registrations of LDVs increase 17% per year in the period 2005 to 2017 while India saw an increase of 9% and Indonesia 7%. Source: GFEI. Overall, global fuel economy has improved by an average of 1.7% in the past two years.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Electric car sales in 2023 were 3.5 million higher than in 2022, a 35% year-on-year increase. Electric car sales in 2023 were 3.5 million higher than in 2022, a 35% year-on-year increase. This is more than six times higher than in 2018, just 5 years earlier. These trends indicate that growth remains robust as electric car markets mature.