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Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. — Biofuels Markets and Technologies. billion in 2011 to $185.3 billion by 2021.
Both Navistar, who claims 61% of the school bus market in North America, and Enova, say that this initial deployment is an important next step in the evolution of the hybrid school bus program towards long term production volume. Enova COO John Mullins.
According to a new report from Pike Research, the increased production and consumption of biofuels will more than double the industry’s market value in the next decade. Pike forecasts that the global market for biofuels will increase from $82.7 The potential markets are huge. billion in 2011 to $185.3 billion by 2021.
The market began to recover in the second quarter, supported by government stimulus measures to encourage the use and purchases of such vehicles, notes Argus Media. The Han is equipped with the blade battery ( earlier post ), which can increase energy density by at least 30% and reduce raw material costs by 30%, BYD said.
jobs for each million dollars of program costs) than other fiscal stimulus programs, such as increasing unemployment aid, reducing employers’ and employees'' payroll taxes, or allowing the expensing of investment costs. The small increase in employment came at a far higher implied cost per job created ($1.4 million, or 0.7 million tons.
ZAP and Jonway partnered on the production of an electric version of the compact 5-door Jonway A380 SUV, integrating AC propulsion and lithium-ion battery system technologies to produce a mid-range electric vehicle (EV) that ZAP intends to offer to the fleet market in China. The conventional A380 is powered by a 1.6- liter Mitsubishi engine.)
The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.
Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. The Latin American market will be driven largely by uptake in Brazil, but other countries will also spur adoption, notably Uruguay which recently indicated it.
Bright Automotive, as a partner in the Energy Systems Network (ESN) Project Plug-IN, has also applied for approximately $17 million through the Transportation Electrification Program (FOA DE-FOA-0000028) to develop, deploy, demonstrate, market, and evaluate plug-in hybrid vehicles.
PRTM concludes that the large format Li-ion battery market could be under-supplied by nearly 10% by 2016. PRTM’s assessment, based on what it called a thorough review of the operational market dynamics, found the following: Under a “Most Probable” scenario, battery manufacturing capacity will hit a shortfall by 2016. Click to enlarge.
A 15% probability of an extended lockdown with ineffective stimulus scenario contains stringent virus-fighting efforts lasting into the third quarter of 2020. Stimulus measures prove ineffective at backstopping crisis and unemployment rates spiral. A stronger economic response in 2021-2023 pushes global growth above 3% annually.
With an initial focus on the automotive market, Dow will sell advantaged materials that will enable manufacturers of rechargeable lithium ion batteries to produce batteries with extended run times, increased power and operational life, with equal or enhanced safety performance than what is commercially available today.
This information comes from an analysis of approximately 675,000 charge events in key EV Project markets to date. Finally, cars in The EV Project have eliminated approximately 8,700 metric tons of CO 2 emissions. These white papers will be available to the public at www.theevproject.com.
Government stimulus policies, improved sense of environmental protection among the public as well as the increasing maturity of EV and charging technologies greatly contribute to the ge market potential in China.
of projected economic stimulus spending. Investors, developers, market infrastructure makers, customers and beneficiaries can play roles in creating a market where nature-based solutions access new sources of revenue, increases resilience of commercial activities, reduces costs or contributes to reputation and purpose, the report says.
“It certainly did not help that hundred of millions in DOE stimulus funds went to two Korean companies and one French company, Saft,” wrote Neal Maguire, vice president of business development. Imara had started to make prototype and sample quantities of batteries in its Menlo Park, Calif. Earlier post.).
million overhaul, paid for with federal stimulus funds, includes updating test bays, data acquisition systems and laboratory space, and hiring additional staff members to meet the growing demand for Sandia’s battery safety expertise. —Chris Orendorff, team lead for the Battery Abuse Testing Lab.
Although markets have dealt with the supply overhang for the better part of two years, the surplus could flip to a deficit as early as this year, as declines exceed new sources of production by a few hundred thousand barrels per day. Of course, these figures are not inevitable. But we tend to have a myopic view on what to expect.
is considering building a battery plant in the US or Europe and will look into the possibility of funding from the economic stimulus package proposed by President Barack Obama. Valence is also very focused on the developing hybrid and electric vehicle market in Europe. Lithium-ion battery company Valence Technology Inc.
The expansion was supported by a $249 million federal stimulus US Department of Energy grant designed to accelerate the manufacturing and deployment of the next generation of batteries for plug-in hybrid and all-electric automobiles.
In March 2020, the IEA urged governments to put clean energy at the heart of their economic stimulus plans to ensure a sustainable recovery. If governments don’t move quickly with the right energy policies, this could put at risk the world’s historic opportunity to make 2019 the definitive peak in global emissions.
Cumulative capital investment in biorefinery infrastructure by generation, world markets, 2012–2022. mostly to expansion in developing markets and relatively mature bioenergy markets such as Brazil, advanced biorefinery capacity growth will jump to 31 BGY by 2022. Source: Pike Research. Click to enlarge.
of Governments rejected $11 million in federal stimulus money targeted to build 55 ethanol fueling stations across Southern California, saying it had policy concerns about ethanol as an alternative to gasoline. The Southern California Assn. of Governments.
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets.
predicts the light vehicle market will be 11.5 As government stimulus programs end, consumers must have confidence to continue spending and businesses need to invest and hire, otherwise the economic recovery could slow in 2010. Polk & Co. million units in 2010, according to its most recent US light vehicle forecast.
The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. I am proud that Germany is the first country to officially form a hydrogen partnership with Namibia. Namibia has enormous potential for scaling up a green hydrogen industry.
Langford Engineering will be marketing and demonstrating the plug in hybrid vehicle in hopes of further developing this concept with a suitable automotive partner who could commercialize the product for US use and capitalize on a portion of the Obama administration’s $2.4 —Dick Langford, Langford’s Founder and Managing Director.
Forty-four leading energy and transportation experts developed the scenarios, which featured varying speeds of economic recovery, levels of government intervention in energy markets and endurance of mobility trends that started during pandemic lockdowns. In three of the four scenarios, global oil demand continued to grow through 2030.
million in two stimulus grants to CleanFUEL USA to establish more than 100 liquid propane (autogas) refueling stations in major US cities in coordination with CleanFUEL USA partners, including ConocoPhillips. The US Department of Energy (DOE) awarded $12.9 school buses, shuttle buses, medium and light duty trucks, etc.),
Specifically, applications for the technology, chemical and pharmaceutical, insurance and automotive industries are to be brought to market maturity. In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers.
Charging stations at these stores, within pilot markets of The EV Project, will be installed by March 2011. The project is funded by the US Department of Energy through a federal stimulus grant of $114.8 Phoenix, Ariz.; Los Angeles, Calif.; San Diego, Calif. and Seattle, Wash.
This shift will require understanding and developing innovative financing approaches and non-financial support tools that overcome key hard and soft costs, risks and uncertainties, and market frictions.
million in federal grant funding under the stimulus package. Ener1 said its operating subsidiaries do not plan to reduce employment levels as a direct result of the filing, although they will continue to monitor market conditions and make adjustments to the workforce as appropriate. In 2009, Ener1 subsidiary EnerDel received $118.5
These three leading international energy markets illustrate how progress is being made in other major energy-intensive nations, but they are not alone. The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated.
As the automotive market took off, we were invited into China at a time when it is incredibly exciting to be in China; the players are working very hard. The Chinese government is putting incentives in place to have the market grow. They are the real market. Strategically, I think that’s a better market.
IHS Markit continues to anticipate robust growth in 2021 reflecting improved demand and production conditions and especially a further uptake in electric vehicles, one factor which has helped to boost the semiconductor market in 2020. By 2026, IHS Markit forecasts the global market for automotive semiconductors to reach $67.6
As co-founder Ian Wright told me in a 2014 interview, “Martin Eberhard’s initial stimulus for starting Tesla was to build the EV he wanted to buy. Originally posted on EVANNEX. by Charles Morris At Tesla’s founding back in 2003, no one imagined the massive growth that lay ahead for the company. Or did they? Elon Musk had […].
The H2 Mobility partners noted that significant progress has been made in Germany in recent years with the development of hydrogen based technologies in the mobility sector, marking the country as a potential start-market in the context of a broader European perspective. This will secure and create new employment in the markets of the future.
Targeted at the pickup and delivery market, the MT-45 chassis boasts a GVWR of 14,000 to 19,500 lbs. FCCC initiated our all-electric project well before stimulus money and federal grants were available for alternative-power transportation projects. Jonathan Randall, sales and marketing director at FCCC.
—Jonathan Randall, director of sales and marketing for FCCC. The all-electric chassis is specifically designed for the urban delivery vehicle market in which it can provide the greatest operating and environmental benefit. The MT-EV remains a rugged, productive work tool that also maintains maximum cargo capacity.
The partnership brings together ABB’s experience in smart grids, renewable energy and reliable, efficient power networks, with ECOtality’s leadership in North America’s growing market for electric vehicle infrastructure. The project is funded by the US Department of Energy through a federal stimulus grant of $114.8
Reuters reports that Chrysler has disbanded its ENVI team, formed in 2007 to bring electric-drive vehicles and related advanced-propulsion technologies to market. Earlier post.) Earlier post.). In April 2009, Chrysler unveiled four all-electric Chrysler Town & Country minivan concepts to the US Postal Service (USPS) in Washington, DC.
With this venture we feel that Novolyte is now positioned to become the leading global supplier of lithium battery electrolytes, a key performance component in the fast growing market of lithium ion batteries for consumer, automotive and industrial markets. Novolyte received in 2009 a $20.6-million
The BMVBS development program endowed with €115 million (US$165 million) from Germany’s Economic Stimulus Program II provides targeted funding for testing and accelerated market preparation of electric drive vehicles until 2011. The sponsored projects must be launched by late 2010.
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