Green Car Congress
NOVEMBER 6, 2020
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.
Green Car Congress
NOVEMBER 14, 2022
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).
Green Car Congress
APRIL 18, 2020
IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 million units, in the wake of the COVID-19 pandemic. The relative strength of the March data compared to February suggests many plants may be online near full capacity again.
Green Car Congress
MAY 1, 2020
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. million units, a drop of 15% from 2019 levels. million-unit decline from 2019, according to the latest IHS Markit forecast.
Green Car Congress
DECEMBER 23, 2020
The largest one-year emissions drop California has ever achieved was at the height of the Great Recession in 2009, when climate pollution fell 6.1%. Private sector investment can also drive green stimulus. Compared to 2018, the dollar amount investment in California clean tech firms decreased significantly in 2019 (-39%), totaling $3.1
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