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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. Click to enlarge. In DB’s Fall 2009 note, they had forecast 12% growth.

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Tesla To Offer Auto Leases

Revenge of the Electric Car

2010 Tesla Roadster. Read more in the article: Tesla to Offer Auto Leases. ‘Starting Wednesday, the 2010 Roadster, which competes against exotic sport cars like the Porsche 911, will be available on a three-year, 30,000-mile lease based on the manufacturer’s price of $111,005, Tesla said. .

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Hyundai NEXO FCEV and Kona electric CUV win spots in 2019 WardsAuto 10 Best Engines

Green Car Congress

Hyundai has taken two out of the ten spots in the 2019 WardsAuto 10 Best Engine competition with the all-new 2019 NEXO FCEV fuel cell vehicle and 2019 Kona Electric CUV. Kona Electric. The 2019 Kona Electric offers 258 miles of range. In addition, Kona Electric EPA estimated MPGe is 132 city, 108 highway, and 120 combined.

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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.

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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. The electric vehicles that are the focus of this study fall into two broad classes: plug-in hybrid electric vehicles and battery-electric vehicles.

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CMU study finds that HEVs and PHEVs with small battery packs offer more emissions and oil displacement benefits per dollar spent than large pack PHEVs and BEVs; policy implications

Green Car Congress

Value of life-cycle emissions externality damages and oil premium costs from vehicles in 2010 $. Strategies to promote adoption of hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs) with small battery packs offer more social benefits (i.e., Michalek et al. Click to enlarge. Michalek and colleagues.

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