Global passenger vehicles demand to drop 11%, says survey
The global pandemic has seen a steep drop in demand for global passenger vehicles since the beginning of 2020. In fact, a new study by the , says the industry will drop an estimated 11% by the end of the year.
However, since all leading markets have witnessed a sharp decline of around 10%, the study points to data that forecasts a more optimistic picture for 2021 and the coming decade.
For example, although it will take approximately five to six years for the auto industry to recover to the level of sales seen in 2019, the volume will increase, particularly in the area of passenger cars. This industry, which has seen steady growth for the past decade, has a forecast growth of 1.9 percent between 2020 and 2030. And technology will be the driving force.
The demand for automated vehicles (AV’s) and the speed at which new tech is being developed, means the market won’t see a significant change in level 3 automation sales until 2025. Shared mobility vehicles like “robotaxis, shuttles, pods and goods-delivery vehicles” rather than private cars, says the report, are likely to see the biggest industry demand, particularly in areas where population is dense.
COVID-19 has seen the deployment of a number of ‘driverless ridesharing’ vehicles which have provided a low-cost transit option to passengers. The promotion of car sharing is also being tabled as an option for some companies. Robotaxis are expected to become more commonplace in Japan, Europe, China, the U.S. with China overtaking the western world in terms of AV’s by 2030.
However, the study also points to changes in the logistical travel and freight industries, by autonomous and connected vehicle technology. AV technology in the trucking industry will radically alter the current status quo, in terms of Original Equipment Manufacturers (OEMs) and tech leaders. Indeed, such will be the speed of development, that level 4 autonomy (self-driving) in the trucking industry will be seen as soon as 2025.
In the meantime, technology is playing catch up with essential components including sensing and mapping hardware, control system software, cyber and data security hardware and localising software. LiDAR, cameras, radars, and other electronic necessities will also see significant development as part of the emergence of AV.
Ultium Cells LLC/Li-Cycle: Sustainable Battery Manufacturing
Ultium Cells LLC - a joint venture between General Motors and LG Energy Solutions - has announced its latest collaboration with Li-Cycle. Joining forces the two have set ambitions to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing
What is Ultium Cells LLC?
Announcing their partnership in December 2019, General Motors (GM) and LG Energy Solutions established Ultium Cells LLC with a mission to “ensure excellence of Battery Cell Manufacturing through implementation of best practices from each company to contribute [to the] expansion of a Zero Emission propulsion on a global scale.”
Who is Li-Cycle?
Founded in 2016, Li-Cycle leverages innovative solutions to address emerging and urgent challenges around the world.
As the use of Lithium-ion rechargeable batteries in automotive, industrial energy storage, and consumer electronic applications rises, Li-Cycle believes that “the world needs improved technology and supply chain innovations to better recycle these batteries, while also meeting the rapidly growing demand for critical and scarce battery-grade materials.”
Why are Ultium Cells LLC and Li-Cycle join forces?
By joining forces to expand the recycling of scrap materials in battery cell manufacturing in North America, the new recycling process will allow Ultium Cells LLC to recycle cobalt, nickel, lithium, graphite, copper, manganese and aluminum.
“95% of these materials can be used in the production of new batteries or for adjacent industries,” says GM, who explains that the new hydrometallurgical process emits 30% less greenhouse gases (GHGs) than traditional processes, minimising the environmental impact. Use of this process will begin later in the year (2021).
"Our combined efforts with Ultium Cells will be instrumental in redirecting battery manufacturing scrap from landfills and returning a substantial amount of valuable battery-grade materials back into the battery supply chain. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining, " said Ajay Kochhar, President, CEO and co-founder of Li-Cycle.
"GM's zero-waste initiative aims to divert more than 90% of its manufacturing waste from landfills and incineration globally by 2025. Now, we're going to work closely with Ultium Cells and Li-Cycle to help the industry get even better use out of the materials,” added Ken Morris, Vice President of Electric and Autonomous Vehicles, GM.
Since 2013, GM has recycled or reused 100% of the battery packs it has received from customers, with most current GM EVs repaired with refurbished packs.
"We strive to make more with less waste and energy expended. This is a crucial step in improving the sustainability of our components and manufacturing processes,” concluded Thomas Gallagher, Chief Operating Officer, Ultium Cells LLC.