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Zotye launches low-cost car in China

Green Car Congress

Zotye Auto launched a basic model—called Jiangnan Alto—with a retail price of 18,800 yuan ($2,838). The company plans to focus sales of the Jiangnan Alto in China’s inland regions, including Hunan, Hebei, Shanxi, Sichuan, Shandong, Jilin, Shanxi, Henan provinces, and in rural areas. Global Times.

Low Cost 225
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DOE updates eGallon prices; Sec’y Moniz highlights growth of PEV sales

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Ernest Moniz highlighted the continued growth of plug-in electric vehicle (PEV)sales—more than doubling in the first 6 months of 2013 to 40,000 units compared to the same period in 2012—as the US Department of Energy (DOE) released its most recent pricing data showing the low cost of fueling on electricity.

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Amyris achieves record low cost farnesene production; sales growth in performance polymers and industrial solvents markets

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The company has also accelerated its sales activity relating to high-performance polymer-grade farnesene for the polymers market and Myralene as a replacement for higher-priced limonene.

Polymer 150
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Georgia Tech study suggests unlinking EVs from CAFE and coordinating with power sector for low-cost benefits

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They considered three scenarios for EV adoption: (i) that EV sales reach 10% of LDV fleet sales by MY 2025, which is the US EPA and NHTSA projection; (ii) that EV sales reach 20% market share by 2025; and (iii) that EV sales reach 100% market share by 2025. They assumed a gasoline price of $4/gallon (2009 $).

Low Cost 236
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Navigant forecasts modest global annual sales growth of e-bicycles, reaching 40.3M units in 2023

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In a new report , Navigant Research forecasts that global annual sales of e-bicycles will grow modestly from 31.7 million e-bicycle sales this year under the base scenario, representing 91% of the total global market. This growth in demand is expected to result in revenue for global e-bicycle sales of $13.5 billion by 2023.

Global 281
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IDTechEx: Sales of electric motorcycles in Europe grew 50% y-o-y in 2020

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IDTechEx expects electric motorcycle sales in Europe to have grown at least 50% year-on-year in 2020, building on the momentum of recent years. So, while the market is growing, the price remains the main hurdle: a motorcycle with a 14 kWh battery pack sells for more than $15,000 today. Source: ACEM, IDTechEx.

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Pike Research forecasts global hybrid medium- and heavy-duty truck sales to surpass 100,000 vehicles annually by 2017; about 2.1% of total MD/HD sales

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MD/HD HEV Truck Sales as percentage of ICE trucks, World Markets: 2011 and, 2017. of global sales. The global recession has taken a huge toll on medium duty and heavy duty truck sales in many regions. While the typical operating cost of a diesel vehicle is significantly higher than that of other drivetrains ($0.72/mile

2017 218