Remove 2008 Remove 2020 Remove Auto Industry Remove Automobile
article thumbnail

IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

Green Car Congress

million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. As long as we have tracked average age, it has gradually risen over time due to the increasing quality of automobiles. Looking ahead, IHS forecasts that average age is likely to hit 11.6

2015 150
article thumbnail

Study Finds That Clean Cars and Climate Policy Can Create Jobs

Green Car Congress

The study offers two main insights on the nature of clean energy jobs in the automobile sector: First, the paper documents that saving oil will directly create good jobs by driving demand for specific additional manufactured components. By 2020, the US job gain relative to 2008 could be as little as 49,000 or more than 150,000.

Clean 186
article thumbnail

Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

In a session on total vehicle energy consumption, several people shared similar pie charts showing the flow of energy within an automobile. How did the high fuel prices impact customer behavior in 2008? Where does all of the energy go? Braking losses add another 6%. Only 22% remains to power the vehicle. —Bill Cooke.

Congress 150
article thumbnail

SAE New Energy Vehicle Forum: China’s focus on NEVs may have profound impact on future of transportation

Green Car Congress

The way cars are used here, the ways in which cars interact with the environment, the way in which human beings reside in urban centers in China are profoundly going to seed the development of the auto industry in every other part of the world. Watt) by 2020. Watt) by 2020. l/100 km in 2020. Earlier post.).

article thumbnail

Report: U.S. Prepping $540 Million for SK Group Semiconductor Factory in Michigan

The Truth About Cars

Like most other modern products, vehicles have become heavily reliant on semiconductor chips in recent years and the supply chain issues witnessed since 2020 have been vexing the industry. capability to manufacture everything from automobiles to military hardware.

article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

In late 2008, BYD started selling the first production PHEV in China. First Escape PHEV delivered to SCE Nov 2007; 20 in 2008-2009. Beginning in 2005, we excerpted individual statements of intentions by carmakers, but by the start of 2008, the number of comments became too numerous for us to track. Batteries not ready.

Plug-in 45