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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

Polk forecast, millions of units. Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% Polk expects light-duty vehicle sales in the US to grow at a moderate pace, with a 7.3% —Anthony Pratt, director of forecasting for the Americas at Polk. Source: Polk.

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Are Rising EV Inventories Proof Nobody Wants Them?

The Truth About Cars

While this is presumably good news for people who have absolutely had it with dealerships marking up their products, some are growing concerned by how much electric vehicle inventories are outpacing their gasoline-reliant counterparts. The latter item is something that’s been bolstered by the way Tesla products are sold.

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Since then Daimler , Ford Motor Company , General Motors , Stellantis and Volkswagen Group, have committed an additional $152 billion in investments, a sum four times their combined 2019 operating profits. An additional $60 billion plus in investments have also been made in more than 70 EV start-ups wanting in on the game.

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Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

Nickel and cobalt have also tumbled, weighed down by an influx of new production amid concerns that the shift to EVs may not be as smooth and quick as predicted. And while most crucial battery markets are now in surplus, shortages are already forecast toward the end of the decade as the greening of the economy accelerates.

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