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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

Green Car Congress

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. North America is the leading market for this technology, with hybrids capturing 30% to 40% of annual transit bus sales.

2018 276
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Pike Research forecasts surge in investment and growth in advanced biorefineries through 2022

Green Car Congress

Cumulative capital investment in biorefinery infrastructure by generation, world markets, 2012–2022. Pike Research forecasts that biorefineries globally will attract $170 billion in new capital investment between 2012 and 2022, reaching 81 billion gallons per year (BGY) of installed capacity. Source: Pike Research. Click to enlarge.

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

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
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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

Although markets have dealt with the supply overhang for the better part of two years, the surplus could flip to a deficit as early as this year, as declines exceed new sources of production by a few hundred thousand barrels per day. That widens to more than a million barrels per day in both 2017 and 2018.

Oil 150