Green Car Congress

AUGUST 20, 2012

Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. from 2012 to 2018. Pike suggests that North America will experience a rebound in a few years, as the economy stabilizes along with public transit funding levels.

2018 276

2018 Li-ion Hybrid Fuel 276

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 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% million units, in the wake of the COVID-19 pandemic.

2020 191

2020 Commercial Global Production 191

Green Car Congress

JUNE 1, 2016

That widens to more than a million barrels per day in both 2017 and 2018. If spot oil prices suddenly rise, forecasts are revised sharply upwards. Also, crude at $50, as opposed to $30, can provide a bit of inflation to the deflation-beset economies in Europe and Japan. Of course, these figures are not inevitable.

Oil 150

Oil Supplies Market Oil Prices 150