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BNEF

Electric Cars Could Be as Affordable as Conventional Vehicles in Just Three Years

Electric vehicles will be cost-competitive with combustion-engine cars by 2022, according to a new report by transportation analysts at Bloomberg New Energy Finance (BNEF).  The trend is due to the plunging price of EV batteries.  Batteries made up 57 percent…

Climate change 2019: US energy consumption hit a record high in 2018 – Vox.com

The US Energy Information Administration dropped some troubling new data this week: US energy consumption hit a record high in 2018 in large part due to the growing use of fossil fuels. Fossil fuels provided 80 percent of total energy…

The Osborne Effect On The Auto Industry

A perfect storm is brewing above the automotive industry. Three hardly grasped phenomena are working together. Just like a real storm, when the conditions align in the best/worst way, we get a devastating superstorm. These phenomena (or events) are the Osborne effect of delayed demand, the technology (cost) curve of battery prices and other technology, and the S-curve that describes market acceptance of new technologies

China EV Forecast: 50% EV Market Share by 2025 — Part 1

China is charging full speed ahead into electric vehicles, on track to sell over 2 million EVs this year, from 1.1 million in 2018. The rapid growth has been driven partly by policy, but increasingly by consumer demand. A rising proportion of Chinese consumers simply prefer electric vehicles to traditional combustion vehicles, viewing them as a new and superior technology, and better value. With EVs continuously improving and getting more affordable, there’s a clear path to EVs taking 50% of market share in China by

EV’s: Crucial to Reducing CO2 Emissions

Posted on 6 February 2019 by Riduna In June 1988 a leading climate scientist, Dr James Hansen, presented the U.S. Senate Committee on Energy and Natural Resources with data showing that by burning fossil fuels humans had created a greenhouse…