Remove 2008 Remove Fleet Remove South Korea Remove Stimulus
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IHS Markit: global auto sales to drop 22% this year

Green Car Congress

Impacts to global auto demand in the wake of COVID-19 have rapidly progressed to severity levels higher than the 2008-2009 recession, and significant uncertainty around prospects for a meaningful recovery remain. Europe will see mixed recovery cycles, as a result of local restrictions and varied economic support and stimulus.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

In October, our relatives in Israel bought this amazing Hyundai Ioniq BEV, designed and built in Korea. I finally got hold of reported total bus fleets and bus replacement rates in Europe. For reference, in Europe, whose overall bus fleet size seems 2-3x smaller than China’s, somewhere around 2-2.5k The 2008 $7.5k

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