Green Car Congress

APRIL 13, 2023

Energy Information Administration (EIA) increased its forecast for the 2023 Brent crude oil price by 2.5% from its previous forecast. EIA expects the Brent crude oil spot price to average $85 per barrel in 2023, $3 per barrel higher than its March forecast. Despite OPEC+ announcing it would cut crude oil production by 1.2

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Global Fuel Production South America 210

Green Car Congress

APRIL 16, 2021

Strategy Analytics’ Automotive Connected Mobility service released its H1 2021 Global Ride-Hailing Market Update and its associated Global Ride-Hailing Forecast , tracking more than 140 unique operators across 119 different countries. over the next 10 years, with a global market recovery expected toward the end of 2022.

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2020 Global Market Connected 243

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FEBRUARY 19, 2023

GWh of battery capacity will be deployed onto roads in newly passenger EVs globally (+/- 12%). million passenger EVs (HEVs, PHEVs, BEVs) will be sold globally (+/- 10%) in 2023, translating to a sales-weighted average pack capacity of 38.7 GWh deployed onto roads globally. Additionally, Adamas projects that 19.7 kWh, up from 34.0

Global 195

Global Market 2018 PHEV 195

Green Car Congress

AUGUST 9, 2023

In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 million barrels per day in 2023—200,000 barrels per day more than in its July forecast. EIA forecasts the Brent crude oil price to increase the rest of 2023 and to approach $90 per barrel in late 2023. million b/d, with 1.2

Oil 370

Oil Oil Prices Global Price 370

Green Car Congress

MARCH 10, 2020

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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Oil 2020 Global Market 300

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JUNE 18, 2022

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 mb/d in 2023, according to the forecast. Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6 Nevertheless, product markets are expected to remain tight, with a particular concern for diesel and kerosene supplies.

Oil 210

Oil Global Libya Russia 210

Green Car Congress

MARCH 2, 2020

In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 IDTechEx says that the light commercial vehicle market is uniquely positioned to rapidly transition to electric vehicles. Forecast eLCV share of total global LCV market revenue.

Global 259

Global Production North America 2020 259

Green Car Congress

APRIL 20, 2022

In its new Rare Earth Magnet Market Outlook to 2035 report, Adamas Intelligence forecasts that global demand for NdFeB magnets will increase at a CAGR of 8.6%, bolstered by double-digit growth from electric vehicle and wind power sectors. This will translate to comparable demand growth for the rare earths elements (i.e.,

Global 170

Global Supplies Wind Market 170

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JUNE 4, 2023

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

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Market Indonesia Russia Supplies 304

Green Car Congress

JULY 27, 2023

Africa’s mined lithium production output is set to increase more than ten-fold this decade, according to Benchmark’s Lithium Forecast. Benchmark’s Lithium Forecast shows that the region is expected to account for just 4% of global mined lithium supply this year. The continent is forecast by Benchmark to produce just 0.1%

Namibia 195

Namibia Supplies Global Africa 195

Baua Electric

OCTOBER 1, 2024

01 October 2024 Read next BMW records growth as Tesla slips in European EV market 30 September 2024 Read next The economy behind large batteries in electric vehicles – is bigger better? Neil King, head of forecasting at EV Volumes, presents the latest outlook with Autovista24 special content editor Phil Curry. forecast in June 2024.

Market 52

Market Citroen Light PHEV 52

Green Car Congress

APRIL 7, 2021

BNEF now forecasts that green hydrogen from renewables should be cheaper than natural gas (on an energy-equivalent basis) by 2050 in 15 of the 28 markets modeled, assuming scale-up continues. These countries accounted for one-third of global GDP in 2019. MMBtu) by 2050 in most modeled markets.

Cost Of 255

Cost Of Hydrogen Solar Green 255

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MAY 6, 2023

Following a latent demand pop in 2021 that saw the materialization of some pent-up demand from the year prior, Adamas Intelligence data indicates that global consumption of NdFeB magnets increased just 1.9% year-over-year in 2022, suppressed by global economic headwinds and regional pandemic-related challenges. billion by 2040.

Market 210

Market Global Supplies Wind 210

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JANUARY 25, 2023

In its 2023 Strategic Update , Albemarle Corporation raised its forecast for 2030 global lithium demand (LCE, lithium carbonate equivalent) to 3.7MMt—an increase of 15% from its previous forecast due to the impact of the US “Inflation Reduction Act” and strong EV demand.

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Price Conversion Supplies Corporation 397

Green Car Congress

JUNE 22, 2020

Strategy Analytics forecasts that automotive sensor market growth will be driven by an expected increase in demand for electric vehicles. The subsequent market for xEV automotive sensors will grow to $1.2 over the 2019 – 2024 timeframe. over the 2019 – 2024 timeframe. billion by 2027.

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Market 2018 2019 Convert 284

Green Car Congress

JUNE 18, 2022

The US Energy Information Administration (EIA) forecasts that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. million b/d, according to the forecast. million barrels per day [b/d]) in 2022 and by 2% (0.8 million b/d) in 2021.

Brazil 259

Brazil Canada Oil-Sands China 259

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 However, batteries are the fastest-growing demand market for nickel.

Industrial 243

Industrial Industry Global Lithium Ion 243

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DECEMBER 27, 2019

A new report from Tractica forecasts that the global market for Mobility as a service (MaaS) to grow at a compound annual growth rate (CAGR) of 24.0% billion market by 2025, largely driven by ride-hailing applications. The Middle East & Africa will be the fastest growing market (27.3% to become a $563.3

Market 195

Market North America Africa Asia 195

Green Car Congress

MARCH 31, 2016

forecasts that the global lead acid battery market will reach US$76.44 Growing preference for pollution free hybrid & electric vehicles along with technological development is expected to drive lead acid battery demand over the forecast period. of market share in 2014. of the global share in 2014.

Lead Acid 150

Lead Acid Global Market VRLA 150

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APRIL 9, 2020

IHS Markit is projecting an 18% drop in global new vehicle sales year-on-year under an extended lockdown scenario to 73.3 IHS Markit said that the 40% chance of an extended lockdown forecast reflects immediate impacts of new containment measures that have been announced globally and expanded within countries already confronting the virus.

Stimulus 221

Stimulus Global Sale Vehicles 221

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JULY 12, 2023

The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195

Market Carbon Supplies Insight 195

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MAY 16, 2023

years, up by more than three months over 2022, according to the latest analysis from S&P Global Mobility. million units in 2023, according to S&P Global Mobility forecasts, which is expected to curb the rate of average age growth in the coming year. The newest Channel Forecast is set to be published in June.

Light 273

Light Global Vehicles Fleet 273

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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 The study found that the global hardware revenue from home charging wallboxes will reach $5.5 billion in 2021. —Research author Nick Maynard. billion in 2026, from just $1.8 billion in 2021.

Global 273

Global Charging Manufacturer Purchase 273

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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). Global cumulative energy storage installations.

Energy Storage 225

Energy Storage Grid Global Energy 225

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MAY 8, 2023

Despite oil demand in the transport sector forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement. Today, transport of passengers and goods accounts for about a quarter of global energy-related CO 2 emissions, a share that will grow to 30% by 2050.

Oil 335

Oil Transportation Hydrogen North America 335

Green Car Congress

MAY 3, 2019

The global battery energy storage market will to grow to $13.13 billion by 2023, according to a new forecast by GlobalData. Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. APAC will continue to be the largest market, reaching $6.05

Energy Storage 223

Energy Storage Global Market Energy 223

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APRIL 23, 2021

A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories. —Tanja Vainio.

Global 448

Global Battery Batteries North America 448

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JULY 8, 2021

As outlined in its current Short-Term Energy Outlook , the US Energy Information Administration (EIA) estimates that global consumption of petroleum and liquid fuels averaged 92.3 EIA expects that global liquid fuels consumption will grow by 5.3 In the EIA forecast, global consumption of liquid fuels rises by an additional 3.7

2019 243

2019 Global Fuel Gasoline-Electric 243

Green Car Congress

JANUARY 11, 2023

The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. EIA forecasts that the European benchmark Brent crude oil price will average less than $80 per barrel in 2024, more than 20% lower than in 2022. per gallon in 2023 and $3.10

Oil Prices 210

Oil Prices Oil Global Price 210

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. Regional Market Variations.

Boston Consulting Group 199

Boston Consulting Group Hybrid Market Global 199

Green Car Congress

MAY 26, 2023

Higher crude prices and continued optimization improvements have driven the first upward revision to the S&P Global Commodity Insights 10-year oil sands production outlook in more than half a decade. The new forecast, produced by the S&P Global Commodity Insights Oil Sands Dialogue , expects Canadian oil sands production to reach 3.7

Oil-Sands 221

Oil-Sands Insight Oil Global 221

Green Car Congress

FEBRUARY 5, 2014

In a new report, “ Biofuels for Transportation Market s”, Navigant Research forecasts that global demand for biofuels in the road transportation sector will grow from representing almost 6% of the liquid fuels market in 2013 to roughly 8% by 2022. Navigant projects the global biodiesel market will grow from 6.9

Global 231

Global Market Fuel Brazil 231

Baua Electric

NOVEMBER 12, 2024

Photo by AS Photography on Pexels.com Hitachi Energy debuts Nostradamus AI , which delivers fast, accurate renewable energy forecasts, load predictions, and market pricing insights. Nostradamus AI is one of the first AI forecasting tools designed specifically for the energy sector. Let us know in the comments section below.

Renewable 52

Renewable Energy Solar Grid 52

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DECEMBER 13, 2021

Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a new high of $103 billion in 2021, surging 44.7% from the previous industry record of $71 billion in 2020, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective. in 2021 to $7.8

Global 243

Global Sale Taiwan 2020 243

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APRIL 15, 2023

In its April Oil Market Report , the International Energy Agency (IEA) forecasts that world oil demand will climb by 2 mb/d in 2023 to a record 101.9 For the year as a whole, global oil production growth slows to 1.2 IEA forecasts global refining throughput to average 82 million barrels per day this year, 0.1

Oil 186

Oil Ukraine Russia Brazil 186

Green Car Congress

APRIL 5, 2013

In a new report , Navigant Research forecasts that the global market for e-bicycles will grow at a modest rate of 3.1% CAGR, respectively), the market research firm anticipates. CAGR, respectively), the market research firm anticipates. Navigant expects the China market will reach 28.0 million by 2020.

2020 278

2020 Li-ion China Market 278

Green Car Congress

MARCH 30, 2014

The value of the global three-wheeler market will grow at a compound annual growth rate (CAGR) of 13% during 2014-19, according to a recently published report by TechSci Research, “Global Three Wheeler Market Forecast and Opportunities, 2019”.

2019 231

2019 Global Market Tanzania 231