Analyst cautions that demand for fossil fuel from automotive market will only drop by 24 per cent by 2050, despite bullish predictions for EV market
The consultancy predicts that US and China will drive global growth in cumulative energy storage capacity, which should top 740GWh by the end of the decade
Influential analysts predict green hydrogen costs are set to fall by almost two-thirds by 2040, while grey hydrogen prices are set to rise by more than 80 per cent
Coronavirus shutdown across key EV markets such as China, US and Europe will lead to major sales slowdown, Wood Mackenzie forecasts