Green Car Congress

SEPTEMBER 24, 2020

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.

Lithium Ion 360

Lithium Ion Cost Of Li-ion Battery 360

Green Car Congress

FEBRUARY 25, 2016

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. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April. Although some 1.3

Cost Of 150

Cost Of Sale Global Vehicles 150

Green Car Congress

JANUARY 22, 2020

The Hydrogen Council has published a new report, Path to Hydrogen Competitiveness: A Cost Perspective , demonstrating that the cost of hydrogen solutions will fall sharply within the next decade, sooner than previously expected. Drop in the cost of components for end-use equipment under scaling up of manufacturing.

Hydrogen 320

Hydrogen Cost Of Renewable Japan 320

Green Car Congress

JUNE 20, 2013

In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. Forecasts Natural Gas'

2020 321

2020 Gas Fleet North America 321

Green Car Congress

JULY 31, 2019

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). —Logan Goldie-Scot, head of energy storage at BNEF.

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Energy Storage Grid Global Energy 225

Baua Electric

OCTOBER 2, 2024

02 October 2024 Read next Is Europe’s EV decline impacting market forecasts? Austria and Switzerland saw only marginal adjustments in their RV expectations, while France and the UK held their forecasts. RVs forecast to fall in Germany After a decrease in August, the SVI in Germany showed a slight improvement during September.

PHEV 52

PHEV Switzerland Cars Austria 52

Green Car Congress

DECEMBER 31, 2014

In a new report , Navigant Research forecasts that light-duty natural gas vehicle (LD NGV) sales will grow 119% between 2014 and 2024, culminating in 42.1 Navigant forecasts only 56,251 LD NGV sales in 2014 in North America. Forecasts Natural Gas' Cumulative light-duty NGV sales by segment. Source: Navigant. Click to enlarge.

Gas 244

Gas North America Global Vehicles 244

Green Car Congress

SEPTEMBER 20, 2017

Navigant Research forecasts that the transportation segment, with hydrogen demand as a catalyst, will jump-start power-to-gas (P2G) demand and further drive down electrolyzer and other infrastructure costs. Navigant notes that P2G offers benefits to the electric grid through the integration of renewable energy sources.

Hydrogen 170

Hydrogen Transportation Gas Power 170

Baua Electric

MAY 4, 2024

Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. The company’s shares were down about 4% in early trade. Magna said it expects full-year 2024 sales of USD 42.6

Supplies 52

Supplies Auto Fisker Sale 52

Green Car Congress

JUNE 19, 2018

The levelized cost of electricity (LCOE) from new PV plants is forecast to fall a further 71% by 2050, while that for onshore wind drops by a further 58%. Fuel burn trends globally are forecast to be dire in the long run for the coal industry, but moderately encouraging for the gas extraction sector. BNEF sees $1.3

Wind 220

Wind Solar Global Coal 220

Green Car Congress

OCTOBER 4, 2022

The research predicts that consumers will turn to MaaS as fuel costs increase globally. Juniper Research’s Urban Mobility Survey found that 41% of respondents ranked the cost of transport as being the most important factor when it comes to transportation.

Cost Of 186

Cost Of Fuel Vehicles Transportation 186

Green Car Congress

DECEMBER 21, 2012

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. million in 2020, or 2.1%

Market 268

Market North America PHEV Ford 268

Green Car Congress

JUNE 20, 2023

Demand for lithium ion batteries is forecast to grow to 3.7 This year is expected to see more than a million tonnes LCE of lithium mined for the first time, according to Benchmark’s Lithium Forecast. Natural and synthetic graphite are forecast by Benchmark to have a combined supply gap of 3.6 The cost of geopolitics.

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

SEPTEMBER 5, 2023

Chinese cathode companies are also expanding production of LMFP cathodes where manganese’s properties can improve performance at a lower-cost. Next-generation lithium manganese nickel oxide (LMNO) battery chemistries are also soon to be commercialized; Benchmark forecasts a 6% share by 2030.

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Battery Batteries Louisiana Lithium Ion 195

Green Car Congress

MARCH 12, 2012

According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. billion by 2017, the market intelligence firm forecasts. —John Gartner. (In

Li-ion 324

Li-ion 2017 Battery Batteries 324

Green Car Congress

NOVEMBER 3, 2017

In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. The low cost of gasoline in the US will yield similar results.

Boston Consulting Group 199

Boston Consulting Group Hybrid Market Global 199

Green Car Congress

FEBRUARY 15, 2022

A new study from Juniper Research forecasts that spend on EV charging at home will exceed $16 billion globally in 2026; up from $3.4 billion in 2021.

Global 273

Global Charging Manufacturer Purchase 273

Green Car Congress

DECEMBER 28, 2015

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 vehicles in 2015 to 3.9 million in 2025. million, accounting for 2.6%

2015 150

2015 Gas Global North America 150

Green Car Congress

JULY 5, 2016

According to a new forecast report from Navigant Research, global commercial alternative powertrain medium- and heavy-duty vehicle (MHDV) sales will grow from about 347,000 vehicles in 2016 to more than 820,000 in 2026, representing a CAGR of about 9%. A major factor has always been the cost of battery packs.

Global 150

Global Sale North America Oil Prices 150

Green Car Congress

NOVEMBER 25, 2020

Q1 2020 saw monthly average prices fall further to less than US$7,000/t Li 2 CO 3 for the first time since 2014, eroding price increases caused by forecast strong demand growth in the lithium-ion battery industry and uncertainty over future supply. In 2019, monthly average lithium carbonate prices fell 36% between January and December.

Recharge 334

Recharge Li-ion Industrial Industry 334

Green Car Congress

SEPTEMBER 14, 2016

ABI Research forecasts global Mobility as a Service (MaaS) revenues will exceed $1 trillion by 2030. Autonomous operation will eliminate the need for paid drivers, cut insurance costs, increase utilization rates to more than 70%, and enable Over the Air-based self-servicing and preventive maintenance.

Global 150

Global Transportation Taxi Fleet 150

Green Car Congress

FEBRUARY 4, 2014

Global electric vehicle production forecast for 2014. Although the product is more expensive than a domestic AC charger, suppliers are confident that the cost of a domestic DC charger can be brought down over time, with installations likely in Europe and China. Electric (Battery) Forecasts Hybrids Manufacturing Plug-ins'

Plug-in 314

Plug-in Global Plug Production 314

Green Car Congress

OCTOBER 5, 2010

New research released by Deloitte and Douglas-Westwood finds that the total cost of decommissioning the more than 260 offshore oil and gas platforms—including the associated wells, manifolds, pipelines and umbilicals—on the UK Continental Shelf (UKCS) could be in excess of $30 billion over the next 30 years.

Oil 170

Oil Cost Of Gas Wind 170

Green Car Congress

DECEMBER 8, 2012

However, by 2023 inverters and converters in passenger vehicles will dominate by market value as high-volume production is established and cost of ownership and range anxiety are reduced. There is no real possibility of dominance by one provider, the company suggests.

Electric Vehicles 231

Electric Vehicles Market Vehicles Electrical 231

Green Car Congress

AUGUST 24, 2011

A new report from Pike Research forecasts that by 2017 more than 1.5 The firm had earlier forecast more than 5.1 In the majority of households where a dedicated parking spot is available, PEV owners will purchase EVSE because of the convenience and lower cost of electricity. Source: Pike Research. Click to enlarge. Earlier post.)

2017 294

2017 Installation Electric Vehicles Charging 294

Green Car Congress

APRIL 7, 2021

The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel.

2019 186

2019 Fuel Coal 2020 186

Green Car Congress

DECEMBER 10, 2012

In a new report, Pike Research forecasts that the advanced lead-acid battery (LAB) market will expand at a compound annual growth rate (CAGR) of 19.8% By 2020, Pike Research forecasts that advanced lead-acid batteries will capture roughly 25% of the global battery-based grid storage market, a small subset of the broader energy storage market.

Lead Acid 231

Lead Acid 2020 Transportation Market 231

Green Car Congress

NOVEMBER 2, 2010

By comparison, the Nissan Leaf will cost $26,280 after federal subsidies (including an allowance for charger installation), which is a higher price point than three quarters of all new auto sales. The BNEF forecast is based on first identifying the addressable market for plug-in vehicles—i.e., Last week, J.D. Earlier post.)

Plug-in 283

Plug-in Financing 2020 Plug 283

Green Car Congress

JANUARY 8, 2014

Possibilities include dramatic reductions in the cost of EV batteries that lead to more cost- competitive vehicles, greater state or federal incentives, or increasing taxes on fossil fuels. in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report.

2014 346

2014 Global Sale Motorcycles 346

Green Car Congress

MAY 16, 2019

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. A year ago, BNEF estimated their impact on road fuel demand at 7.3

Sale 341

Sale Global Cars Electrical 341

Green Car Congress

MARCH 27, 2013

There is scope for cost reductions as volumes increase, the report finds. 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.

2020 261

2020 Motoring Motor Motors 261

Green Car Congress

FEBRUARY 13, 2010

Pike global markets forecast of annual electric two-wheel vehicle sales, excluding Asia-Pacific, through 2016. for the region overall), according to the report, “Electric Two-Wheel Vehicles Electric Bicycles, Mopeds, Scooters, and Motorcycles: Market Analysis and Forecasts”. Click to enlarge. between 2009 and 2016.

Global 275

Global North America Motorcycles 2016 275

Green Car Congress

JULY 5, 2013

In a new report , Navigant Research forecasts that US military spending on alternative drive vehicles (ADVs—including hybrid electric vehicles (HEVs), plug-in electric vehicles (PEVs), and ethanol-powered vehicles—for the non-tactical fleet will increase from more than $435 million in 2013 to $926 million by 2020, a CAGR of 11.4%.

2013 246

2013 2020 Alternative Fuels Vehicles 246

Green Car Congress

JULY 8, 2022

In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions.

Asia 326

Asia Market Battery Batteries 326

Green Car Congress

MARCH 27, 2012

Pike Research forecasts that the worldwide market for e-bicycles will grow at a compound annual growth rate (CAGR) of 7.4% Under a more aggressive forecast scenario, worldwide e-bicycle sales could reach 51 million units and $13.2 Source: Pike Research. Click to enlarge. between 2012 and 2018, resulting in global sales of 47.6

Li-ion 273

Li-ion 2018 Sale North America 273

Green Car Congress

JULY 25, 2022

The simulation study demonstrates that efficient control of the energy storage system not only reduces the energy costs of the entire wireless charging road system but also alleviates the pressure produced by the wireless charging load on the existing power grid. —Shi and Gao (2022). —Jie Shi, lead author.

Energy Storage 321

Energy Storage Market Charging Power Grid 321

Green Car Congress

APRIL 24, 2015

The study provides an analysis of how these factors, including the cost of hardware, regulations, potential societal benefits, and security and privacy concerns, are projected to affect automakers, hardware and software suppliers, regulators, and intelligent transportation infrastructure operators.

Connect 150

Connect Connected Vehicles North America 150