Sentences with phrase «electric vehicle demand»

The plaintiffs further justify their accusation that ExxonMobil and BP «understated» electric vehicle demand by referencing a 2015 General Motors proclamation that merely states the «future is electric.»

Andurand, who runs oil hedge fund Andurand Capital Management LLP, wrote in a string of tweets on Sunday that companies may be less willing to risk investment in long term oil projects because of low crude barrel prices and a predicted peak in electric vehicle demand.

Not exact matches

Oil demand will be squeezed by electric vehicles, fuel efficiency and ride - sharing in the years ahead.

The IEA said demand for cooling will add more to global electricity demand than the spread of electric vehicles.

O'Connell suggested that the great demand for the Model 3 delivers a message to the rest of the auto industry that there is «incredible demand» for great electric vehicles out there.

The friendly deal, which requires approval by US Cobalt shareholders, comes as growing investments and demand in electric vehicles has spurred interest in key metals like cobalt, used in the vehicle's battery packs.

The world's biggest miner, BHP, said it would invest significantly in its nickel business as demand for electric vehicles picked up, Reuters reported.

The rush is due to the expected high demand for the $ 35,000 Model 3 electric vehicle, which will roll out next year.

The electric vehicle market is tiny, but it's created some very big questions about the future of gasoline demand.

«Declining ore grades for copper, continued lack of investment in new mines and the time required to bring new discoveries to production will constrain metal availability and, ultimately, the metal sector's ability to meet growing demand from automakers for battery electric vehicle production,» Carol Cowan, a Moody's Senior Vice President wrote.

Forecasts of an electric vehicle boom are behind skyrocketing demand for cobalt, a major component in batteries.

The mine could supply up to 10 % of world demand for neodymium and praseodymium, used in the manufacture of magnets for wind turbines, and electric vehicles.

Tesla has seen enormous demand for our energy products and electric vehicles.

While portable consumer goods alone continue to provide impressive growth in demand for lithium batteries, the start of mass production of hybrid, plug - in hybrid and electric vehicles presents the most significant upside potential for lithium demand.

The much - reported growing demand for lithium, for its use in electric vehicles and energy storage, has been demonstrated to LPI by the flood of interest from potential off - takers in the past few weeks.

Gary: The demand and price of lithium continues to increase as we move into a new era of electric vehicles and other technology that is requiring lithium.

The electric vehicle boom has put demand pressure on lithium - ion batteries and their component metals.

The Globe and Mail reported on March 20, 2018 that nervous Asian battery makers are turning to early - stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up.

By: Jason Smith Lomiko Metals is betting the answer is «yes» The electric vehicle boom has put demand pressure on lithium - ion batteries and their component metals.

The earnings report made no mention of Apple — or smartphones, for that matter — but it did emphasize the high rate of growth in electric vehicle investment, which is expected to greatly benefit cobalt demand.

However, shifting of solar output to meet evening demand via mass deployment of energy storage — as is being done on the island of Kaua'i — and demand flexibility from electric vehicle charging could both play large roles.

As lithium is an oligopoly, it was thought that the market leaders such as SQM or Albemarle could easily add production capacity to meet any future demand driven by electric vehicle adoption, so broad - based capital injections were not necessary.

With electricity demand from crypto miners set to exceed that from electric vehicles in coming years, the hunt for new markets is narrowing to Canada and a handful of Nordic countries, Bloomberg Intelligence analyst Elchin Mammadov said in a report.

Moreover, some investors believe that electric vehicles will reduce demand growth over the next two decades.

S&P Global Platts Analytics expects accelerating global Electric Vehicle penetration, rising from a little more than 500,000 sales in 2015 to over 7 million by 2025 — driving a surge in demand for lithium - ion batteries.

Yet the hunt continues for promising bets on rising demand for electric vehicles, and Belgian battery - materials company Umicore may fit the bill.

With the surge in demand for electric vehicles causing the need for more «Gigafactories» to be built, demand is high for lithium ion...

Policy makers encourage the use of advance internal combustion engine vehicles (particularly diesel), as well as hybrid technology and emerging plug - in electric vehicles to meet the medium - term demands of the issue (to 2020).

Demand for the new model pushes the electric vehicle company to accelerate manufacturing plans

The benefits will include greater grid reliability, integration of solar rooftop generation and plug - in vehicles, reductions in electricity demand, and stronger cybersecurity, according to a new study by the Electric Power Research Institute (EPRI).

He believes it could also play a role in a future large - scale hydrogen generator, which would collect the energy from sunlight in huge fields and then run that electric current through water to produce vast amounts of hydrogen to meet, for example, the demand from a future fleet of hydrogen - powered vehicles.

But Koomey also offers major caveat: The study doesn't consider the potential for electricity demand to rise more than expected should electric vehicles catch on, he notes.

How it works: Electric vehicles can double as batteries plugged into the grid, saving up power at night when electricity demand is low.

As more electric vehicles hit the road and more wind turbines start spinning, the demand for batteries and their raw materials will explode.

Should the market demands for hydrogen fuel increase with the introduction of fuel cell electric vehicles, the U.S. will need to produce and store large amounts of cost - effective hydrogen from domestic energy sources, such as natural gas, solar and wind, said Daniel Dedrick, Sandia hydrogen program manager.

As a zero - emission fuel, the hydrogen can be recombined with oxygen to produce electric power on demand, such as onboard a fuel - cell vehicle.

The forecasted large - scale uptake of electric vehicles (EV) will have an impact on how we travel and on where and when we will make demands on the electrical grid.

For example, on a hot summer evening when electricity is in high demand for air - conditioning, the system could drop the amount of power going to an individual car from 3.3 kilowatts to just 1.2 kW or even less, explains Paul Pebbles, GM's global manager of Electric Vehicle and Smart Grid Services.

Such demand response is different from using electric vehicle batteries as a form of storage or backup for the electricity grid, which can put undue strain on batteries as they constantly cycle from fully charged to nearly drained.

«There have been increasing demands for high - performance, inexpensive and safe batteries for portable electronics, electric vehicles and other energy storage applications,» said Hongjie Dai, a professor chemistry at Stanford and lead author of the study.

As demand for electric vehicles increases, so will the demand for the raw materials to make them.

Electric vehicles, powered by hydrogen fuel cells, provide the demanded driving range and low environmental impact.

Demand is only set to increase as the need for lithium ion batteries grows, fueled by the popularity of electric vehicles.

Short - term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market's increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider.

UCLA Luskin Center for Innovation's Southern California Plug - In Electric Vehicle Readiness Atlas provides a wealth of information to assist decision - makers in meeting consumer demand.

Bearing in mind the service I've demanded from my limited - mileage vehicle, I'd choose an i3 without the Rex — or a Nissan Leaf or Renault Zoe pure electric.

VW isn't specifying volume plans for the MEB dedicated - BEV platform, but says it expects demand in the U.S. for all - electric vehicles to reach 10 % of the market by 2025 and that the Volkswagen brand should exceed that level.

During the company's shareholders» meeting last week, Ghosn stated that «This new electric vehicle will meet consumer demand for greater autonomy and fuel efficiency.»

That's a tall order for the world's first mass - market electric vehicle, but there may just be enough demand for the Leaf.

The official strategy sees these grants helping to accelerate technology development and reduce the cost of high - tech batteries, with the ultimate goal of making hybrid - electric and pure electric vehicles more affordable, thereby stimulating their demand at the retail level.