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IHS Markit: global auto sales to drop 22% this year

Green Car Congress

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 million units. Production.

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Global auto production may hit 80+ million units this year; hybrids below 2% of total output

Green Car Congress

Global sales of passenger vehicles increased from 75.4 The auto industry’s production capacities are far from fully used; PricewaterhouseCoopers (PWC) estimates current global vehicle assembly capacity at almost 95 million, the report notes. Rising sales translate into an ever-expanding global vehicle parc. trillion pkm in 2008.

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The Godfather of South Korea’s Chip Industry

Cars That Think

But it was true what semiconductor engineers in South Korea whispered about his former students: They were everywhere. Korea Advanced Institute of Science and Technology (KAIST) assumed top posts in the industry as well as coveted positions teaching or researching semiconductors at universities and government institutes.

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Who Really Invented the Thumb Drive?

Cars That Think

Personal computers in the late 1980s began incorporating CD-ROM drives, but initially these could read only from prerecorded disks and could not store user-generated data. 7 billion In 2021, global sales of thumb drives from all manufacturers surpassed $7 billion, a number that is expected to rise to more than $10 billion by 2028.

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GM Provides Glimpse of Battery Strategy and Approach for the Future with Briefing on Gen 1 Volt Pack; Work on Gen 2 and Gen 3 Packs Already Underway, With a Focus on Cost

Green Car Congress

Executive Director of Global Engineering–Hybrids, Electric Vehicles, and Batteries Robert Kruse, Volt Vehicle Chief Engineer Andrew Farah, and Director of Global Battery Systems Engineering Denise Gray took turns describing work completed so far as well as next steps for the project. We spent all of 2008 evaluating cells. ”.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

Welcome to the 7th Annual Top 10 EV Countries list — my own very personal version of March Madness! This is a global challenge, to which different countries can contribute in different ways, and the big picture must be in view. Since the general auto market remained slumped, global EV market share increased nicely from 2.8%

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