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CapGemini: 87% of global consumers prefer personal vehicle to ensure safe travel, up from 57% in April 2020

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Almost half of global consumers (46%) are considering purchasing a car in the next 12 months, an increase from 35% in April 2020. Without a clear end to the pandemic in sight, 87% of global consumers stated their safety and physical well-being, alongside that of their families, is best served through a personal vehicle.

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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

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Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. Increasing future sales for BEVs will rely on companies improving awareness of their product. A growing consumer awareness led to an increased desire to have them in vehicles.

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Direct lithium extraction company EnergyX secures $20M in funding commitments

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Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.) tons by 2040.

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Cadillac CELESTIQ to be built at GM’s Global Technical Center

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General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). With this smart glass, each occupant of the vehicle can set their own level of roof transparency. Cadillac CELESTIQ show car.

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Toyota premieres Toyota-brand battery electric vehicles ahead of 2020 China launch

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Toyota premiered its C-HR and IZOA battery electric vehicles (BEVs) as part of its activities on the opening day of Auto Shanghai 2019. The C-HR and IZOA will be the first battery-electric vehicles (BEVs) to launch in China under the Toyota brand. Sales on the new models are slated to start from 2020. C-HR / IZOA EV.

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

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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% decline in global real GDP in 2020.

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