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Deloitte: interest in hybrid vehicles still significantly outpacing full battery-electrics

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As global auto manufacturers continue to invest in electrified vehicle (EV) production, internal combustion engine (ICE) powertrains dominate future US intentions, with 69% of US consumers looking to retain the technology for their next vehicle, according to Deloitte’s 2022 Global Automotive Consumer Study report.

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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% through to 2022, driven by the growing popularity of EVs across countries in Asia-Pacific (APAC) and Europe. million new EVs were sold globally, of which China accounted for more than 50%, followed by the US with 17.3%. In 2017, 1.1

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Pike Research forecasts automotive Li-ion battery market to grow to almost $22B in 2020; China to become global leader in production by 2015

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Battery-electric vehicles will be the dominant vehicle technology for driving market growth, Pike suggests, because they utilize much larger battery packs than plug-in hybrid electric vehicles (PHEVs). Current BEVs use battery packs ranging from 16 kWh to 85 kWh compared to PHEV packs ranging from 4 kWh to 16 kWh, for example.

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Navigant forecasts hybrids to account for almost 4% of global LDV sales by 2020, plug-ins 3%

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In its latest forecast for hybrid and plug-in electric vehicle sales, Navigant Research expects that hybrid electric vehicles (HEVs), which today account for about 2% of global light duty vehicle sales, will grow to almost 4% of global LDV sales by 2020. The result is a global light duty vehicle market that will grow at a CAGR of 2.4%

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Global Electric Vehicle market size to swell by five-times to $823.74B by 2030: study

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A new study suggests that the global electric vehicle market will multiply in valuation by five times by 2030, based on new data acquired by Allied Market Research. The new study says that the global EV sector will reach $823.74 The report also includes both PHEVs and FCEVs in the overall EV sector.

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Navigant expects global market for automotive Li-ion batteries to hit $30.6 billion in 2024; almost 4x 2015 market

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In a new report, Navigant Research forecasts the global market for Li-ion batteries in light duty and medium/heavy duty vehicles will almost quadruple from $7.8 In addition, the expected steady lowering of per-kilowatt-hour costs will encourage the plug-in electric vehicle market if manufacturers pass the savings on to customers.

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IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

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Global electric vehicle production forecast for 2014. Driven by tighter emission standards in Europe, worldwide production of plug-in electric vehicles(PEVs)—including both battery-electric (BEV) and plug-in hybrid (PHEV) models—will increase by 67% this year, according to IHS Automotive, driven by Polk. Click to enlarge.

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