article thumbnail

IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

The magnitude of gasoline demand decline will be much greater than the impact of the 2008 recession and could be further protracted depending on how effective social distancing measures are at controlling the spread of the COVID-19 virus. during the global recession in 2008/2009. Europe autos demand for 2020 is set at 15.6

Gasoline 269
article thumbnail

Honda to begin US production of plug-in fuel cell electric vehicle based on CR-V in 2024

Green Car Congress

This new zero-emissions vehicle will contribute to Honda’s previously announced goal to make battery electric vehicles (BEVs) and FCEVs represent 100% of its global auto sales by 2040. —Gary Robinson, vice president of Auto Planning & Strategy for American Honda Motor Co. Underhood of all-new Honda FCEV coming in 2024.

Honda 273
article thumbnail

Tesla Model Y continues to lead auto sales in Norway

Push EVs

share of the auto market in March, down from 91.9% Overall auto volume was 19,366 units, up some 19% YoY, and the highest March sales since at least 2016 (though compensating from a hangover earlier in Q1). The Model Y alone took over 38% of Norway’s new passenger auto registrations in March. year on year. comprised 86.8%

Norway 131
article thumbnail

IHS Markit: global auto sales to drop 22% this year

Green Car Congress

Impacts to global auto demand in the wake of COVID-19 have rapidly progressed to severity levels higher than the 2008-2009 recession, and significant uncertainty around prospects for a meaningful recovery remain. —Colin Couchman, executive director, global autos demand forecasting at IHS Markit. million units. y/y in 2020.

Global 150
article thumbnail

IBM automotive study sees consumer co-creation, greater personalized driving, but not widespread fully autonomous driving by 2025

Green Car Congress

The study forecasts that while the automotive industry will offer a greater personalized driving experience by 2025, fully autonomous vehicles or fully automated driving will not be as commonplace as some think. Personal mobility. Top external forces included: Technology progress. Consumer expectations. Government regulations.

Personal 150
article thumbnail

In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud – ET Auto

Baua Electric

Tesla videos demonstrating the technology that remain archived on its website say: “The person in the driver’s seat is only there for legal reasons. In 2008, a federal appeals court ruled that statements of corporate optimism alone do not demonstrate that a company official intentionally misled investors.

Auto 52
article thumbnail

Biofuels- paving the way for low carbon future in mobility – ET Auto

Baua Electric

Ensuring vehicle compatibility Petrol vehicles being sold in the country have been E10 material compliant since 2008. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Biofuels- paving the way for low carbon future in mobility – ET Auto appeared first on Bauaelectric Auto News.

Carbon 52