Recently, the International Energy Agency (IEA) published its yearly Global EV Outlook for 2030, edition 2021. Press comments on the publication scared me a bit. The report projected only 145 million electric vehicles (EV) would be on the roads by 2030. That is just 7% of the total vehicle fleet. … [continued]
Originally published on EV Annex. Forecasts for electric vehicle growth tend to be all over the map. This week, the International Energy Agency (IEA) published its predictions as they relate to the expected worldwide surge in EVs. CNBC reports, “The number of electric cars, buses, vans and heavy trucks on roads … [continued]
Global EV sales grew 41% last year, but must accelerate even faster to meet climate and energy goals, the International Energy Agency said Thursday. Under current trends, 145 million EVs, including cars, trucks, and busses, will be on the world’s roads by 2030, approximately 7% of the total fleet. That … [continued]
By Alex Grant, Principal, Jade Cove Partners, San Francisco, USA, & Paul Martin, Chemical Process Development Expert, Toronto, Canada Exxon first correctly identified combustion of their hydrocarbon products as the cause of future catastrophic climate change as early as 1977.¹ But for decades, Exxon successfully ensured that their investors and the world’s … [continued]
The IEA estimates the cost of an automotive EV battery pack was $293.4/kWh in 2016 but $156/kWh in 2019. Assuming the cost dropped a bit more in 2020, we’re sitting at a battery cost of about 50% of a 2016 EV battery’s cost.
Fossil fuel companies continue to hang onto an in-your-face stance that the global energy demand for oil will rebound after covid-19.
As the human tragedy of the COVID-19 pandemic worsens, global restrictions to stop the spread of the virus — including stay-at-home orders, business closures, and travel prohibitions — may contribute to the worst economic downturn since the Great Depression.
Pulitzer Prize–winning auto columnist Dan Neil recently discussed his next car in the Wall Street Journal — and it’s going to be electric.
The latest report from the IEA predicts a large increase in renewable energy in the next 5 years, although its definition of renewables may surprise you. It also says governments must do more if they hope to avoid catastrophic climate changes.
Plug-in electric cars are becoming more commonplace on streets all around the globe. According to the International Energy Agency (IEA) and its latest Global Electric Vehicles Outlook report, “The number of electric and plug-in hybrid cars on the world’s roads exceeded 3 million in 2017, a 54% increase compared with 2016.”
