EV sales will soar to about 73 million units in 2040, up from around 2 million in 2020, according to forecasts by Goldman Sachs Research. The percentage of EVs in worldwide car sales, meanwhile, is expected to rise to 61% from 2% during that span. The share of EV ...
The global EV market, according to tech market analyst firm Canalys, is forecast to grow by 27.1% in 2024, hitting 17.5 million units. And Greater China – on the back of the mainland government prioritizing sustainable economic development and expanding vehicle consumption – is set to make up...
Colin McKerracher, lead advanced transportation analyst at Bloomberg New Energy Finance, said: “At the core of this forecast is the work we have done on EV battery prices. Lithium-ion battery costs have already dropped by 65% since 2010, reaching $350 per kWh last year. We expect EV bat...
2007 Global 418 UCL-led study finds climate impact caused by growing space industry needs urgent mitigation Green Car Congress JUNE 26, 2022 Global revenue generated from this industry is forecast to grow from 350 million USD in 2019 to more than 1 trillion USD by 2040 (Morgan Stanley, 2020)...
A Promising Yet Challenging Market for Self-driving SoCs China EV Charging Points Soar 56% YoY in 2021; 42% CAGR Seen for 2022-2026 AutomotiveBatterybattery electric vehicleBMWBYDchinaelectric vehiclesGeneral MotorsgermanyHyundaiKiaLithium-IonMercedes BenzPlugin electric vehiclesPrice WarsalesStellantisTesla...
In its 2009 forecast on EV batteries, Pike forecast that Li-ion prices would drop to $470 per kWh in 2015. of the global market in 2017. of the global market in 2017. Li-ion 324 Li-ion 2017 Battery Batteries 324 BloombergNEF: electrics to take 57% of global passenger car sales, ...
European markets close lower; OECD upgrades UK growth forecast Wed, Sep 25th 2024 CEOs JPMorgan CEO Jamie Dimon warns 'geopolitics is getting worse' Tue, Sep 24th 2024 Politics Op-ed: The UK's budget problems date back to the 2008 financial crisis Tue, Sep 24th 2024 Europe Markets European...
Despite the projected growth in electricity demand, it remains uncertain whether this demand will fully materialize, particularly in Europe. Drivers of this uncertainty include a slowdown in heat pump installations, slower-than-expected EV sales, lack of investment into industrial electrification, and un...
Global EV Connectors market was valued at US$ xx billion in 2019 and is projected to reach at a market value of US$ xx billion by 2031. The market is anticipated to witness positive growth over the forecast period, despite the disruptions created by COVID-19 in the year 2020. The growth...
Despite challenging economic and geopolitical conditions, EV sales are surpassing expectations. Early adopters in major markets have pushed total EV sales up to 20% or more. To achieve mainstream EV adoption, however, EV costs must come down, and the ecosystem of players must collaborate around si...