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

Green Car Congress

from 2012 to 2018. This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. This requires a high.

2018 276
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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

That widens to more than a million barrels per day in both 2017 and 2018. Also, crude at $50, as opposed to $30, can provide a bit of inflation to the deflation-beset economies in Europe and Japan. To be sure, there are extremely large volumes of oil sitting in storage, which will take a few years to work through.

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

Green Car Congress

Looking across the full year, IHS Markit is expecting a 21% decline over 2019 production volumes due to a combination of factors including COVID-19, but also the natural weakening in truck demand following unusually strong sales in 2018-19. The local industry is already recovering, with commercial vehicle plants re-opened.

2020 191
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2020 Top 10 Countries in the Global EV Revolution

EV Sales

The only exception to this geographical intra-Europe rule was Ukraine, entering the Top 10 in 2016-2018 on the power of grassroots-driven lively market of second-hand EV imports, which seems to have stalled in 2019-2020. For reference, in Europe, whose overall bus fleet size seems 2-3x smaller than China’s, somewhere around 2-2.5k

2020 52