China's vehicle electrification impacts on sales, fuel use, and battery material demand through 2050: Optimizing consumer and industry decisions

Summary: The promotion of plug-in electric vehicles (PEVs) is pivotal to China's carbon neutrality strategy. Therefore, it is important to understand the vehicle market evolution and its impacts in terms of costs, sales, industry fuel economy, and PEV's battery material demand. By examinin...

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Autores principales:	Shiqi Ou, I-Yun Lisa Hsieh, Xin He, Zhenhong Lin, Rujie Yu, Yan Zhou, Jessey Bouchard
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	Electrochemical energy storage Energy policy Energy Resources Energy transportation Energy flexibility Energy Systems Science Q
Acceso en línea:	https://doaj.org/article/151d80188464441b87ffed5ffffdc65a
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spelling	oai:doaj.org-article:151d80188464441b87ffed5ffffdc65a2021-11-20T05:10:51ZChina's vehicle electrification impacts on sales, fuel use, and battery material demand through 2050: Optimizing consumer and industry decisions2589-004210.1016/j.isci.2021.103375https://doaj.org/article/151d80188464441b87ffed5ffffdc65a2021-11-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2589004221013468https://doaj.org/toc/2589-0042Summary: The promotion of plug-in electric vehicles (PEVs) is pivotal to China's carbon neutrality strategy. Therefore, it is important to understand the vehicle market evolution and its impacts in terms of costs, sales, industry fuel economy, and PEV's battery material demand. By examining vehicle technologies, cost, policy incentives, infrastructure, and driver behavior, this study quantitatively projects the dynamics of China's passenger vehicle market from 2020 to 2050 under multiple technology evolution scenarios. By 2050, battery electric vehicles could gain significant market share—as much as 30.4%–64.6%; and the industry's sales-weighted average fuel consumption could reach 1.81–3.11 L/100 km. Cumulative battery demand from PEVs could soar to over 700 GWh by 2050, whereas battery recycling alone could satisfy about 60% of the demand by 2050. The key metal supplies—lithium, cobalt, and nickel—for China's PEV market are projected, and nickel should be concerned more over the coming decades.Shiqi OuI-Yun Lisa HsiehXin HeZhenhong LinRujie YuYan ZhouJessey BouchardElsevierarticleElectrochemical energy storageEnergy policyEnergy ResourcesEnergy transportationEnergy flexibilityEnergy SystemsScienceQENiScience, Vol 24, Iss 11, Pp 103375- (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Electrochemical energy storage Energy policy Energy Resources Energy transportation Energy flexibility Energy Systems Science Q
spellingShingle	Electrochemical energy storage Energy policy Energy Resources Energy transportation Energy flexibility Energy Systems Science Q Shiqi Ou I-Yun Lisa Hsieh Xin He Zhenhong Lin Rujie Yu Yan Zhou Jessey Bouchard China's vehicle electrification impacts on sales, fuel use, and battery material demand through 2050: Optimizing consumer and industry decisions
description	Summary: The promotion of plug-in electric vehicles (PEVs) is pivotal to China's carbon neutrality strategy. Therefore, it is important to understand the vehicle market evolution and its impacts in terms of costs, sales, industry fuel economy, and PEV's battery material demand. By examining vehicle technologies, cost, policy incentives, infrastructure, and driver behavior, this study quantitatively projects the dynamics of China's passenger vehicle market from 2020 to 2050 under multiple technology evolution scenarios. By 2050, battery electric vehicles could gain significant market share—as much as 30.4%–64.6%; and the industry's sales-weighted average fuel consumption could reach 1.81–3.11 L/100 km. Cumulative battery demand from PEVs could soar to over 700 GWh by 2050, whereas battery recycling alone could satisfy about 60% of the demand by 2050. The key metal supplies—lithium, cobalt, and nickel—for China's PEV market are projected, and nickel should be concerned more over the coming decades.
format	article
author	Shiqi Ou I-Yun Lisa Hsieh Xin He Zhenhong Lin Rujie Yu Yan Zhou Jessey Bouchard
author_facet	Shiqi Ou I-Yun Lisa Hsieh Xin He Zhenhong Lin Rujie Yu Yan Zhou Jessey Bouchard
author_sort	Shiqi Ou
title	China's vehicle electrification impacts on sales, fuel use, and battery material demand through 2050: Optimizing consumer and industry decisions
title_short	China's vehicle electrification impacts on sales, fuel use, and battery material demand through 2050: Optimizing consumer and industry decisions
title_full	China's vehicle electrification impacts on sales, fuel use, and battery material demand through 2050: Optimizing consumer and industry decisions
title_fullStr	China's vehicle electrification impacts on sales, fuel use, and battery material demand through 2050: Optimizing consumer and industry decisions
title_full_unstemmed	China's vehicle electrification impacts on sales, fuel use, and battery material demand through 2050: Optimizing consumer and industry decisions
title_sort	china's vehicle electrification impacts on sales, fuel use, and battery material demand through 2050: optimizing consumer and industry decisions
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/151d80188464441b87ffed5ffffdc65a
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China's vehicle electrification impacts on sales, fuel use, and battery material demand through 2050: Optimizing consumer and industry decisions

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