{"id":1097049,"date":"2019-01-30T18:19:28","date_gmt":"2019-01-30T18:19:28","guid":{"rendered":"http:\/\/www.mining.com\/?p=966371"},"modified":"2019-01-30T18:19:28","modified_gmt":"2019-01-30T18:19:28","slug":"us-govt-study-sees-electric-car-sales-stuck-in-slow-lane","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1097049","title":{"rendered":"US govt study sees electric car sales stuck in slow lane"},"content":{"rendered":"

Increased demand for battery materials used in electric vehicles has reignited interest in the mining sector now that the China-induced supercycle in commodities demand is levelling off.<\/p>\n

But if you rely on forecasts of EV take-up from the US Energy Information Administration, you may well wonder what the hype is about.<\/p>\n

The EIA Energy Outlook 2019,<\/a> released last week, foresees uptake of electric vehicles in the world\u2019s second largest car market over the next 30 years that won\u2019t rev mining investors\u2019 engines.<\/p>\n

According to the report, the combined share of sales attributable to gasoline and flex-fuel vehicles (gasoline blended with ethanol) declines from 93% in 2018 to 75% in 2050.<\/p>\n

\"\"<\/p>\n

From EIA Energy Outlook, 2019.<\/p>\n<\/div>\n

The EIA predicts electricity usage in battery powered, plug-in hybrid and hybrid vehicles to increase by 11.3% through 2050. That\u2019s impressive growth, but electricity usage by the country\u2019s light-duty vehicle fleet would still constitute less than 5% of the total.<\/p>\n

Usage of electricity by transit buses is expected to grow at a 9.4% clip and constitute 11% of the total, but for intercity travel, electricity doesn\u2019t even feature in the projections.<\/p>\n

According to the outlook, California\u2019s zero-emission vehicle regulation, which nine additional states have adopted, requires a minimum percentage of vehicle sales of battery-powered and and plug-in hybrids.<\/p>\n

\"\"<\/p>\n

From EIA Energy Outlook<\/p>\n<\/div>\n

In 2025, the year the regulation and new federal fuel economy standards go into full effect, projected sales of battery-powered and plug-in hybrids is expected to reach 1.3 million, or about 8% of projected total vehicle sales.<\/p>\n

That\u2019s a far cry from Chinese uptake of EVs. Last year around 1.1m so-called new energy vehicle were sold in the world\u2019s largest auto market, up nearly 70% from 2017.<\/p>\n

In terms of the transportation industry as a whole and not just cars, electricity\u2019s share of fuel consumption in the US hardly registers.<\/p>\n

The post US govt study sees electric car sales stuck in slow lane<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

And that’s all the way to 2050.<\/p>\n

The post US govt study sees electric car sales stuck in slow lane<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[394,405,762,404,369,414,426,428],"tags":[33],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1097049"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1097049"}],"version-history":[{"count":4,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1097049\/revisions"}],"predecessor-version":[{"id":1097125,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1097049\/revisions\/1097125"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1097049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1097049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1097049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}