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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 during the global recession in 2008/2009. million units.

Gasoline 269
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Geely acquiring flying car startup Terrafugia

Green Car Congress

Terrafugia aims to deliver its first flying car to the market in 2019, with the world’s first VTOL (vertical take-off and landing) flying car being made available by 2023. Terrafugia will also benefit from the Geely Group’s significant expertise and track record of innovation within the global auto industry.

Cars 244
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Opinion: Biden’s Tesla snub shows that clout, not innovation, is driving the American EV revolution

Teslarati

Elon Musk confirmed on Twitter that Tesla was not invited at all, and during the event, even netizens were quick to point out that an American automaker that practically forced the entire auto industry to shift to electric cars was strangely not invited to the White House. And this, in a lot of ways, could backfire.

Tesla 145