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China Forecast to Produce 12M Vehicles This year

Green Car Congress

China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). percent from a year earlier, the fifth month in a row that saw auto sales exceed one million units, according to the China Association of Automobile Manufacturers. People’s Daily.

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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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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

Meanwhile, the mid-2022 passage of the CHIPS Act in the United States yielded a multi-billion-dollar investment pool, some of which dedicated to ramping up American manufacturing of the mature-generation chips upon which many industriesauto and otherwise—are so dependent. considered getting into the chip-stimulus game as well.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. Don’t Overreach: With the entire supply chain so vulnerable, automakers should err on the conservative side when forecasting volumes for new or resourced programs. Laura Marcero

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When Will EVs Hit Primetime?

Revenge of the Electric Car

Similarly, in China, the sheer size of the auto industry and the country’s ambitious clean-energy goals suggest a potentially huge market for electric cars. China overtook the US last year as the largest auto market in the world. The third phase will be released around 2015. US, China partner on electric cars. .

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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

The Three Prongs of the “Green&# Energy Stimulus Pa. cleantech (1) smart growth (1) social media (1) social responsibility (1) solar charger (1) solar forecast (1) solar heating (1) solar thermal (1) solutions (1) sound system (1) splitting water. (1) The Appraisal 2010 Prius Delivers Record Mileage and Accelerates. SZ (1) 6753.T

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