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IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

Green Car Congress

Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. One of the impacts of COVID-19 is that it has led to an increase of the average semiconductor value per car sold.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In DB’s Fall 2009 note, they had forecast 12% growth.

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This is How the COVID-19 Pandemic Affect The Global EV Market

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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. Government policies and regulations.

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

Cars That Think

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.

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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

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.

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

Since the onset of the global economic crisis most of us have been cutting back to save cash wherever we can. Part of the swing in culture has been a downturn in new car sales. It seems a spark is needed to get us back to the showrooms – so are the leading manufacturers right to put their faith in green cars? Averting a slump.

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Nissan reports significant net loss

Green Cars News

The struggles came despite the fact that Nissan sold eight all-new models globally: Teana, Infiniti FX, Maxima, Qashqai+2, NP200, KIX mini SUV, Cube and Z. . The global sales forecast for fiscal 2009 is 3.08 Tags: Cars Latest news Nissan Nissan financial results Nissan losses Nissan profit. million units.

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