article thumbnail

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

Green Car Congress

Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. IHS Markit now expects semiconductor revenue to contract in 2020 by -9.6%

2020 170
article thumbnail

Camry Hybrid vs. Sonata Hybrid, mobile charging, Cash for Clunkers redux: The Week in Reverse

Green Car Reports

This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending May 8, 2020. Which automaker reaffirmed its commitment to hydrogen fuel cells? Our biggest combination of stories this week related to the most.

article thumbnail

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

In a pre-response to that speech, having successfully advocated for plug-in hybrids like the forthcoming Chevy Volt, we propose that the President follow that speech up with a “realistic and conservative” roadmap to halve our oil use in 10 years. How President Obama Can Announce Drive Star to Cut Oil Use in Half by 2020.

Oil 252
article thumbnail

Cash for Volts?

Revenge of the Electric Car

WASHINGTON -(Dow Jones)- Move over, cash for clunkers. Nissan is bullish on plug-ins, which Ghosn predicts will account for 10% of cars sold by 2020. November 16, 2009: 06:01 PM ET. Updated to attribute projection on “smart-grid&# earnings to FERC Chairman.). By Judith Burns. Of DOW JONES NEWSWIRES. starting next year.

Volt 100
article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

In Germany, statistics from the Federal Motor Transport Authority reveal that total car registrations in March fell by 38% while fully electric cars actually grew by 56% and hybrids by 208%. Chinese car producer BYD even recorded a 337.25% increase in March sales amongst its fully electric and hybrid car models.

Economy 52