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WHAT'S NEXT?: Automated vehicles could lead to a significant increase in vehicle-sharing and a significant reduction in the size of the global vehicle fleet, emissions, travel time, associated infrastructure and costs. By 2030, electric vehicles could represent about 30 percent of all new cars sold globally. Future connected car applications will drive a 150% increase in demand for contextual information between now and 2020.

  • [New] The surge of electric vehicles and renewable energy projects around the world is a huge opportunity for Australia. CSIRO
  • [New] A federal income tax credit that gives people 30% off the cost of an alternative fuel vehicle refueling property - most commonly an electric vehicle charger - that expired at the end of 2021 would be extended until the end of 2032. The Detroit News
  • [New] In the next five years, the cost of an electric vehicle will be cheaper than a combustion engine. Jim Stafford's BlogOKC
  • [New] Auto manufacturers are building more EVs each year with commitments to make electric vehicles the vast majority of their production by the 2030s. Jim Stafford's BlogOKC
  • [New] Tougher targets for fuel efficiency would drive up the costs of vehicles but could be required to improve access to EVs. Australian Financial Review
  • [New] U.S. traffic deaths jumped 10.5% in 2021 to 42,915, marking the highest number killed on American roads in a single-year since 2005 and said autonomous vehicles have the potential to save thousands of lives and reduce congestion. Reuters
  • [New] The U.S. Postal Service announced a need to acquire up to 165,000 next-generation delivery vehicles and has pledged that at least 40% will be battery electric vehicles. National Retail Federation
  • [New] Amazon ordered 100,000 electric delivery vehicles from Rivian as part of its drive to become net-zero across its business by 2040. National Retail Federation
  • [New] Even without further government action, hybrid vehicles will make up over half of all new passenger vehicles sold by 2030, the research shows, with internal combustion engine vehicles making up 24% and battery-powered electric vehicles 18%. Brisbane Times
  • [New] The Inflation Reduction Act would make it more affordable for more Americans to drive electric vehicles, which means more opportunities for small businesses like mine to keep growing. CleanTechnica
  • [New] Ikea franchisee Ingka Group is expanding its electric vehicles (EV) charger network with more than one thousand new charging points set to be in place by the end of 2024. Retail Technology Innovation Hub
  • [New] Marco Rubio plans to file an amendment to the bill that would require electric vehicles to source 100% of their battery and battery components from the U.S. or a country where the U.S. has a free trade agreement immediately, rather than allowing for a transition period. Yahoo News
  • [New] Auto manufacturers would get grants to refit their sites so they could make clean vehicles instead, and up to $20 billion would be given in loans to build new factories. Business Insider
  • [New] Thacker Pass is one of the largest lithium resources in the US being developed by Lithium Americas, which could supply lithium for use in electric vehicles produced by manufacturers such as Tesla. Proactiveinvestors UK
  • [New] Any vehicles with battery components that were made or assembled by entities the federal government deems concerning, such as China, would be ineligible for the credit starting in 2024. Automotive News
  • [New] While Austin-based Tesla might lead the world in global electric vehicle sales, a host of Chinese automakers are introducing new electric models to try to take Tesla on. Houston Chronicle
  • [New] We expect the net zero transition to see gas boilers and internal combustion engine cars replaced by other technologies such as electric heat pumps and electric vehicles, significantly reducing if not eliminating gas and fuel costs over the next 30 years. UK Government
  • [New] The under-construction plant is expected to be one of the first U.S. facilities to produce key ingredients needed to make the batteries that power electric vehicles. JMK Research & Analytics
  • [New] Bharat Alt Fuel, which focuses on alternative fuel technology and e-mobility, will set up a greenfield unit in Tamil Nadu at an investment of INR250 crore to manufacture electric vehicles, batteries and motors. JMK Research & Analytics
  • [New] About 1,000 new public charging points for electric vehicles and 100-odd battery swapping stations will be set up by Delhi Transco Ltd in the next few weeks. JMK Research & Analytics
  • Global demand for rare earth materials and NdFeB magnets continues to accelerate, with NdFeB magnet demand forecast to grow from 130,000 tonnes of NdFeB magnets consumed in 2020 to 265,000 tonnes in 2030, driven by growth in electric vehicles and wind energy. Kitco News

Last updated: 13 August 2022