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ICCT study finds state EV incentives playing a significant role in driving sales

Green Car Congress

A study by a team from the International Council on Clean Transportation (ICCT) shows that state electric vehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electric vehicle sales. Source: ICCT. Click to enlarge. —Jin et al. Earlier post.).

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

Green Car Congress

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. Their use case will mostly be in shorter-distance applications.

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Government of Canada sets mandatory target of 100% zero-emission car and passenger truck sales by 2035 in Canada

Green Car Congress

The Government of Canada is setting a mandatory target for all new light-duty cars and passenger trucks sales to be zero-emission by 2035, accelerating Canada’s previous goal of 100% sales by 2040.

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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Honda SUV e:prototype shown at Shanghai 2021.

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

Green Car Congress

EVs typically cost more than an equivalent internal-combustion-engined (ICE) vehicle but their lower running costs reduce that price differential over time and, in the longer term, end up costing less overall than their ICE counterparts.

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SoCalGas, partners developing technology to make carbon fiber during hydrogen production from methane; reducing the cost of H2 and cutting GHG

Green Car Congress

The goal of the partnership, led by startup C4-MCP (C4), is to offset the hydrogen production expense with the sales of the carbon fiber and carbon nanotubes, reducing the hydrogen’s net cost to less than $2 per kilogram, thus helping make hydrogen fueled cars and trucks cost-competitive with conventional gasoline and diesel vehicles.

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Benchmark: lithium prices continue to rise

Green Car Congress

The rise in lithium carbonate prices could increase production costs of lithium-iron phosphate (LFP) battery cells by at least 16%, Benchmark Mineral Intelligence analysis shows , adding further pressure to electric vehicle (EV) makers next year.

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