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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry.

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J.D. Power, LMC: new vehicle sales in US slide again, 6th time this year

Green Car Congress

For the second time in three months and the sixth time this year, new-vehicle retail sales in November are expected to slip from year-ago levels, according to a monthly sales forecast developed jointly by J.D. The economy and industry could be facing a boom or bust depending on which policies are focused on and implemented.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

CDM Baby, CDM Ruminations on Vegas and NASCAR California Dreamin' ► February (16) Car Sharing and Saving in a Tough Economy Throwing down the gauntlet to Secretary Clinton Weather Does Not Equal Climate The Hub Lab Seeks Revolutionary New Energy Science. The Three Prongs of the “Green&# Energy Stimulus Pa. SZ (1) 6753.T

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Amidst the COVID-19 pandemic, several conflicting reports about the future of EVs have emerged: some predict EVs to grow by 38% year-over-year, while others forecast a 43% drop. In order to envision what may lie ahead, it’s key to understand how the EV industry was evolving up until the novel Coronavirus outbreak.

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