article thumbnail

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

Green Car Congress

to just over $38 billion, which contrasts to the mid-year view where semiconductor revenues were expected to drop 20% by year end compared to 2019. This differs from the “cash for clunkers” type of initiative employed in certain regions following the 2009 financial crisis designed to get older vehicles off the road.

2020 170
article thumbnail

Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

During the Global Financial Crisis in 2008/9, the COVID19 pandemic, and now the Ukrainian War, economic stimulus packages were meant to put the world on a cleaner and greener path, but this is not at all evident in the CO 2 emissions data. to 0.6%], potentially only the third such decline since 1990 (the others in 2009 and 2020).

Global 221