A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. Under most of the mass-production plans, the solid-state battery will likely take off after 2025, although small-scale production may happen even earlier, IDTechEX said. The car plug-in market will take the largest share... Read more →


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). EIA forecasts production... Read more →


EV sales are set to rise faster than ever, but governments aiming for net-zero carbon emissions by 2050 must do more to spur their adoption, according to BloombergNEF’s (BNEF) latest annual Electric Vehicle Outlook (EVO). Achieving that goal will require decisive further policy action on all fronts, from accelerating electric... Read more →


Delta-EE: Europe tracking to 2.7 GW of operational hydrogen electrolyzer capacity by 2025; well short of EU target

A new study by Delta-EE, a specialist new energy research & consulting company, has found that the total announced project capacity of the rapidly growing European hydrogen electrolyzer market would take the green hydrogen sector to 2.7 GW by 2025—a nearly 50-fold increase on capacity built over the last ten... Read more →


Strategy Analytics: domain controller penetration to approach 60% by 2028, but implementation is piecemeal

Implementation of domain and zonal controller-based automotive architectures remains at an early stage, and while Strategy Analytics forecasts overall domain controller penetration will approach 60% by 2028, the Strategy Analytics Powertrain, Body, Safety & Chassis Service (PBCS) Service report “The Rise of the Domain Controller: When, where and how?” notes... Read more →


IEA report calls for no investment in new fossil fuel supply and end to sales of ICE cars by 2035

The world has a viable pathway to building a global energy sector with net-zero emissions in 2050, but it is narrow and requires an unprecedented transformation of how energy is produced, transported and used globally, according to a new special report from the International Energy Agency (IEA). Climate pledges by... Read more →


In a new report produced at the request of Senator Chuck Schumer (D-NY) and Senator Sherrod Brown (D-OH), the Center for Transportation and the Environment (CTE) concluded that a the entire US transit fleet could transition to zero-emission vehicles (ZEVs) by 2035 at a cost of between $56.22 billion and... Read more →


A new report from IDTechEx forecasts that the shift to electric vehicles and autonomy will drive the printed electronics automotive market to $12.7 billion by 2031. The technological transitions towards electric vehicles and increased autonomy are creating extensive opportunities for many new technologies, including printed/flexible electronics. For example, the ability... Read more →


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.... Read more →


New report finds California’s electric transportation workforce will nearly double by 2024

A new report commissioned by Advanced Energy Economy (AEE) projects that California’s electric transportation (ET)-related workforce will nearly double by 2024. With an estimated 3,900 ET-related businesses in 2019, California is already the leading state in electric transportation. The report, “Electrifying California: Economic Potential of Growing Electric Transportation,” was prepared... Read more →


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. Although 2020 was tough for ride-hailing operators everywhere, with a decline of 18% in worldwide total revenue (gross bookings) across... Read more →


BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH2) made from renewable electricity is set to fall faster than it previously estimated. BNEF now forecasts that green hydrogen from renewables should be cheaper than natural gas (on an energy-equivalent basis) by 2050 in... Read more →


EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA’s annual Summer Fuels Outlook, released today with EIA’s Short-Term Energy Outlook (STEO), expects a 15% increase in US highway... Read more →


Fitch Solutions expects nickel demand for EV battery manufacturing to experience an annual average growth rate of 29.2% over 2021-2030—outpacing demand for both lithium and cobalt. This estimate is a significant increase from the market analysis firm’s 2018 forecast, due to upwards revisions in its EV sales forecasts. Nickel demand... Read more →


FutureBridge expects cost-parity between solid-state and Li-ion batteries by 2025

Market analysis firm FutureBridge expects that cost-parity between Li-ion and solid-state batteries could be achieved in another five years. Solid-state batteries (SSBs) promise a leap forward, compared to incremental gains from Lithium-ion batteries (LiBs), with improved safety, higher energy density, faster charging times, and longer life. However, today their commercialization... Read more →


The European Commission’s Joint Research Centre (JRC) has released a report by Roskill that analyzes the EU’s nickel requirements for EV batteries within the context of the global market over a twenty-year forecast horizon to 2040. Against this demand backdrop, Roskill critically assessed the EU’s internal supply capabilities and identified... Read more →


Roskill: Rising prices could be new norm for lithium industry

In its second quarterly update to its Lithium: Outlook to 2030, 17th Edition report, Roskill maintains the view that future refined lithium supply will remain tight, with a period of sustained supply deficit in the mid-2020s. Further additions to lithium production capacity for mined and refined lithium products will be... Read more →


In its new report Rare Earths, Outlook to 2030, Roskill forecasts that rare earth magnet applications will account for ~40% of total demand by 2030, raising the potential for a tight supply-demand balance for key magnetic rare earth elements, as well as providing the opportunity for new production capacity to... Read more →


The EU says it could be self-sufficient in EV batteries by 2025. However, despite Europe’s fast-expanding capacity of Li-ion battery production, its cathode materials production capacity is struggling to keep up. Roskill’s analysis suggests that by 2025, Europe will still have to import 56% of the cathode materials used for... Read more →


ABI: 2021 will be the year EVs begin entry into the automotive mainstream

2021 will kickstart a decade of growing Electric Vehicle (EV) adoption, which will see EV sales move from a rounding error of total new vehicle shipments to more than a quarter of new vehicles shipping in 2030, according to global tech market advisory firm ABI Research. In its new whitepaper,... Read more →


Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). A combination of falling costs for solar and wind power, improved performance as well as economies of scale for electrolyzers could make it... Read more →


In a new report—“Full Hybrid Electric Vehicle Markets 2021-2041”—IDTechEx forecasts that market value for hybrid electric vehicles will peak at $792 billion in 2027. Hybrid electric vehicles (HEVs) have seen significant growth in sales over recent years, and the HEV market is set to increase in 2020 despite the implications... Read more →


IHS Markit: annual investments in green hydrogen production to exceed $1 billion by 2023

IHS Markit forecasts that annual global investments in green hydrogen—hydrogen production powered by renewable sources—will exceed US$1 billion by 2023. The elevated investment outlook is attributed to falling costs and policy support from governments looking to shift towards low-carbon economies. Operating capacity for splitting water into hydrogen and oxygen through... Read more →


Despite the trend toward transportation electrification, the lithium industry has had a rough few years. In its new Lithium Outlook to 2030 report, Roskill notes that the prolonged downward trend for lithium compound and mineral concentrate prices has caused a difficult environment for many lithium producers since 2018. In 2019,... Read more →


A new report from Lux Research, Electric Vehicle Lightweighting 2030, analyzes the future of vehicle lightweighting and necessary BEV success factors over the next decade. Lightweighting has been a key tool for improving the fuel economy of internal combustion engine (ICE) vehicles over the past years. However, the transition from... Read more →


Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. IHS Markit now expects semiconductor revenue to contract in 2020 by -9.6% to just over $38 billion,... Read more →


Yergin: overwhelming number of new car sales will be EVs in coming decades, but 2/3 of global fleet to remain gasoline-powered in 2050

Electric vehicles will make up as many as 8 out of 10 new cars sold in 2050, but it will still be a long road before they dislodge gasoline as the predominant fuel in transportation, IHS Markit Vice Chairman Daniel Yergin writes in his new book, The New Map: Energy,... Read more →


A new study by a team from San Jose State University and Stanford University has found that—even under heightened damage estimates—the additional mitigation costs of limiting global warming to 1.5 °C (relative to 2.0 °C) are higher than the additional avoided damages this century under most parameter combinations considered. An... Read more →


With demand for lithium set to increase over the next decade, Roskill has calculated, using its in-house analysis, that CO2 emissions from lithium production are set to triple by 2025 versus current levels and to grow by a factor of six by 2030, with the vast majority of this coming... Read more →


Crop switching and relocation of crop production to different states could prevent up to half of predicted losses in agricultural profits from climate change impacts according to new research conducted by the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science... Read more →


A new study by researchers at the University of Toronto has found that current US policies are insufficient to remain within a sectoral CO2 emission budget for light-duty vehicles that is consistent with preventing more than 2 °C global warming. Current policies will create a mitigation gap of up to 19 GtCO2... Read more →


Adamas: “Unfathomable” rare earth demand growth awaits post-2030

Demand growth of the 2020s will soon be dwarfed by the astronomical demand growth of the 2030s, according to a new forecast by Adamas Intelligence. Therein lies the real defining challenge and opportunity facing the global rare earth industry today, the company said. After growing at a CAGR of 6.4%... Read more →


US Xpress releases trucking industry forecast; driver turnover, truckload capacity and load volumes significantly impact market

US Xpress, Inc., 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. Three key insights include: Rising Driver Turnover. As the economy slowly recovers, freight volumes will rise and drivers will become an... Read more →


IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS... Read more →


Roskill: Molybdenum demand to drop by more than 8% in 2020

Roskill expects demand for molybdenum to drop by more than 8% in 2020. The molybdenum market enjoyed three years of growing demand between 2016 and 2018, but macroeconomic concerns and a slower steel market resulted in a 2.3% decline in 2019. Mine supply continued to edge higher in 2019, albeit... Read more →


GlobalData: China to overtake US in nuclear capacity by 2026

China is on track to have the largest nuclear power generation fleet of 93GW and is set to overtake the US by 2026, according to research and analytics company GlobalData. According to GlobalData, more than 160GW of fresh nuclear capacity will be added globally between 2020-2030 out of which about... Read more →


Jupiter: cars with embedded connectivity to reach 200M by 2025; eSIMs and 5G

A new study from Juniper Research projects that the number of vehicles with embedded connectivity will reach 200 million globally by 2025, rising from 110 million in 2020. One of the main beneficiaries of this growth will be mobile operators. The incorporation of eSIMs (embedded SIM) into the vehicle will... Read more →


Traction batteries and motors in electric vehicles (EVs) are very different than the powertrain components of the internal-combustion engine vehicles they replace. Their meteoric rise will lead to much greater demand for several materials markets which otherwise would see only modest growth. For example, while the combustion engine and transmission... Read more →


Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. The open-access paper is published in AGU’s journal... Read more →


After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to... Read more →


IHS Markit says outlook for crude oil prices strengthens through 2021

Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45 per barrel range and could conclusively pass the $50 per barrel mark in the second half of 2021, according to Roger Diwan and the IHS Markit Energy Advisory Service. The IHS Markit Brent price outlook... Read more →


A new study of the impact of high EV adoption on the Western US power grid by a team from Pacific Northwest National Laboratory (PNNL) has found that 2028 grid resource adequacy—from generation through transmission—is likely to be sufficient for high EV penetration. Under a high-penetration scenario with national electric... Read more →


Canadian oil sands production is expected to decline by nearly 175,000 barrels per day (b/d) in 2020 as a result of COVID-19—the largest annual decline on record. However, the longer-term trajectory of oil sands production is expected to change little compared to pre-pandemic projections, according to a new 10-year forecast... Read more →


ABI: connected car market will endure a 15% shipment decline, flat revenues in 2020; sales return on trend early 2022

After years of consistent growth, the connected vehicle industry will face a 15% decline in shipments and flat revenues in 2020, according to projections by ABI Research, a global tech market advisory firm. However, both embedded and aftermarket segments will see accelerated growth in 2021, and sales should return to... Read more →


MIT Task Force on the Work of the Future suggests widespread autonomous driving at least a decade away

The MIT Task Force on the Work of the Future has released a new research brief examining the future of autonomous vehicles. The brief is part of a series of subject-specific research projects by MIT faculty that will help frame national discussion and policies about work, technology, and how we... Read more →


A team from Oak Ridge National Laboratory (ORNL), Aramco Services Company, MIT, the Michigan Department of Transportation and Argonne National Laboratory has developed a machine-learning-based model (Pandemic Oil Demand Analysis, PODA) to project the US medium-term gasoline demand in the context of the COVID-19 pandemic and to study the impact... Read more →


IHS Markit: production of carbon-free “green” hydrogen could be cost-competitive by 2030

By 2030 the production of hydrogen fuel by the electrolytic splitting of water—which can be carbon-free provided the electricity used in the process is produced by renewables—could become cost-competitive with currently predominant methods that require the use of natural gas as a feedstock, according to analysis by the IHS Markit... Read more →


Although large emissions cuts are urgently needed to achieve global climate goals, it may take decades before we can measure the effect of the reductions on global temperature evolution, according to a new study by researchers at Norway’s CICERO Center for International Climate Research. In the open-access study, published in... Read more →


The EU could slash truck carbon pollution by more than a fifth (22%) in a decade by requiring its main cities to have electric truck charging infrastructure, according to a new study released by European environmental NGO Transport & Environment (T&E). The analysis by T&E’s Lucien Mathieu of truck flows... Read more →


GlobalData: hydrogen to become game changer as large-scale source of cleaner power

In the short- to medium-term, hydrogen technology could be used to replace compressed natural gas (CNG) in some areas with minor changes to the existing infrastructure, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Thematic Research: Hydrogen’, highlights that countries worldwide are striving to accelerate the... Read more →