Green Car Congress

MARCH 14, 2023

IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

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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.

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Market Citroen Light PHEV 52

Electrek

NOVEMBER 12, 2024

Hitachi Energy debuts Nostradamus AI , which delivers fast, accurate renewable energy forecasts, load predictions, and market pricing insights.

Renewable 115

Renewable Energy Insight Price 115

Green Car Congress

MARCH 29, 2021

This estimate is a significant increase from the market analysis firm’s 2018 forecast, due to upwards revisions in its EV sales forecasts. Fitch bases its forecast on the underlying assumption that NMC 811 cathodes will rise to 80.0% of NMC market share by 2027—effectively raising the average nickel content.

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Battery Batteries Lithium Ion 2018 358

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. MMBtu) by 2050 in most modeled markets. On one hand the reduction in the forecast was surprising, on the other hand not.

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Green Car Congress

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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Green Car Congress

SEPTEMBER 27, 2020

one of the US’ largest asset-based truckload carriers by revenue, released its September industry forecast spotlighting key economic trends and updates specific to the trucking industry. The pandemic has resulted in an absence of volume seasonality, where the market skipped over the usual summer lull. US Xpress, Inc.,

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Green Car Congress

JUNE 16, 2021

In the June Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI). million b/d in 2022.

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Oil Global Price Production 243

Green Car Congress

AUGUST 3, 2021

In an effort to provide a degree of transparency to the large variance of forecasted costs due to differences in methods and assumptions, the Münster team clustered the papers according to four applied forecasting methods: technological learning; literature-based projections; expert elicitations; and bottom-up modeling. Mauler et al.

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Universal Battery Batteries Lithium Ion 243

Teslarati

SEPTEMBER 30, 2024

Stellantis slashed its 2024 profit forecast. Its new forecast considers its decision to “enlarge remediation actions” to address performance issues in North America. Below are Stellantis’ revised 2024 market outlook and financial guidance. On Monday, September 30, Stellantis shares dropped after it released its profit forecast.

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Green Car Congress

DECEMBER 13, 2022

The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing (HPC) fueling the spending increases, SEMI announced in its latest quarterly World Fab Forecast report.

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Industrial Industry Global Taiwan 243

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.

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Brazil Canada Oil-Sands China 259

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

DECEMBER 24, 2022

Australia’s lithium production is forecast to grow from 335,000 tonnes of lithium carbonate equivalent (LCE) in 2021–22 to 399,000 tonnes in 2022–23 and 470,000 tonnes of LCE in 2023–24. In 2022–23 Australia’s export earnings are forecast to more than triple — from $4.9 billion in 2021–22 to $16.1 billion, and $17.0 billion in 2023–24.

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Green Car Congress

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

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

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Green Car Congress

MAY 6, 2023

Now, in its latest annual report on rare earth magnets ( “Rare Earth Magnet Outlook to 2040” ) Adamas Intelligence forecasts that NdFeB magnets will increase at a CAGR of 7.5% as the supply side of the market increasingly struggles to keep up with rapidly growing demand. didymium, dysprosium and terbium) these magnets contain.

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Green Car Congress

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. Opportunities to accelerate change through pilot projects and uptake of alternative energy need to be seized as soon as possible.

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Oil Transportation Hydrogen North America 335

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

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.

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Renewable Energy Solar Grid 52

Green Car Congress

FEBRUARY 19, 2023

Similarly, major changes to macroeconomic conditions, like those provoked by the pandemic or the Russia – Ukraine war, can suppress global EV sales and battery capacity deployment, leading actual market performance to fall short of predictions. For individual markets or segments, one must take a more nuanced approach, the company said.

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Global Market 2018 PHEV 195

Green Car Congress

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. Nevertheless, product markets are expected to remain tight, with a particular concern for diesel and kerosene supplies. mb/d this year, world oil demand is forecast to expand by 2.2

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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.,

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Global Supplies Wind Market 170

Electrek

NOVEMBER 1, 2023

Although Toyota expects record growth this fiscal year, it’s cutting its EV sales forecast by nearly 40%. In Toyota’s latest questionable strategy shift, the company will lean into hybrids to “avoid the price competition” in the EV market.

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Toyota Sale Hybrid Price 144

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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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.

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Global Production North America 2020 259

Green Car Congress

JANUARY 26, 2023

In its January 2023 Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that crude oil production in the United States will average 12.4 Increased production in the Permian region and, to a lesser extent, in the Federal Offshore Gulf of Mexico (GOM) drives the forecast growth in production. million b/d.

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Oil Oil Prices Production Dallas 468

Green Car Congress

JUNE 17, 2022

The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas.

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Price Coal Gas-Electric United States 476

Green Car Congress

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.

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Market Carbon Supplies Insight 195

Green Car Congress

JUNE 23, 2021

A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. New material selection and change of manufacturing procedures show an indication of a reshuffle of the battery supply chain.

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Market Battery Batteries Li-ion 418

Green Car Congress

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 IEA forecasts global refining throughput to average 82 million barrels per day this year, 0.1 million barrels per day. mb/d versus 4.6 mb/d in 2022.

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Oil Ukraine Russia Brazil 186

Green Car Congress

MAY 20, 2013

In a forecast of the Lithium market through 2017, Roskill Information Services estimates that rechargeable batteries will, in the base-case growth scenario, contribute 75% of the growth in forecast lithium demand to 2017, when total demand for lithium is expected to reach slightly more than 238,000t lithium carbonate equivalent (LCE).

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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 impact of the coronavirus on oil markets may be temporary.

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Oil 2020 Global Market 300

Electrek

JULY 22, 2024

China’s leading EV maker, BYD , is making strides in another key EV market with the launch of its M6, the first electric MPV in Indonesia. Unveiled on Monday, the BYD M6 arrives as EV sales are forecasted to continue surging in the region.

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BYD Indonesia Market Electrical 138

Green Car Congress

JULY 5, 2021

Automotive supplier Eberspächer is entering the fast-growing market of hydrogen and fuel cell technology. We are deliberately investing in a future market and want to grow purposefully with hydrogen and fuel cell technology. Since the overall market for fuel cell applications is growing strongly, Eberspächer is investing purposefully.

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Hydrogen Market Fuel Colorado 418

Green Car Congress

JULY 30, 2015

A market study recently published by Transparency Market Research (TMR) projected that revenue from the global marine hybrid propulsion market will rise from US$2.24 According to the report, the diesel-electric system is the most common technology configuration utilized in the global marine hybrid propulsion market.

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Mariner Market Hybrid North America 150

Green Car Congress

APRIL 11, 2023

A new survey of automakers and Tier 1 suppliers conducted by Ducker Carlisle concludes that as electric vehicles continue to enter the mass market, aluminum demand will grow through the end of the decade. SUVs and pickups will make up nearly 85% of the BEV market by 2030.

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Market SUV 2020 MPG 449