Green Car Congress
APRIL 18, 2020
IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.
Green Car Congress
JANUARY 8, 2021
The majority of people in Germany (59%) cannot imagine buying an electric vehicle in the future. A lack of charging stations is cited more frequently as an argument against buying an electric car in the near future in larger cities. In France (+3 percentage points) and Japan (+1 percentage point), a small increase can be observed.
Get Electric Vehicle
MAY 25, 2021
The COVID-19 control measures and the economical crisis that followed took a massive toll on the global automotive and manufacturing industries. The main reasons for global automotive sales drop are, The purchasing power of consumers decreased. COVID-19 & Global Electric Vehicle Market.
Green Car Congress
JUNE 1, 2016
Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. When oil prices go up, people buy fuel efficient cars.
Cars That Think
MARCH 28, 2023
One looming artifact of the pandemic that remains in 2023—the global chip shortage —has gratefully begun to recede. considered getting into the chip-stimulus game as well. By the time car makers realized people still wanted to buy their goods they found themselves at the back of the line for the chips they needed.
Green Car Congress
JANUARY 1, 2011
Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. He also believes that sub-1.6L
Green Car Congress
APRIL 5, 2011
Globally, more than 100 nations have established renewable energy targets. The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Source: EIA. Click to enlarge. mpg by 2016. Source: EIA.
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