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Continental Mobility Study 2020 finds many people still have doubts about EVs

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The Continental Mobility Study 2020 shows that enthusiasm for electric cars is strong in China, while reservations still need to be overcome in Germany, France, the US and Japan. In the first stage in September 2020, a representative sample of the population was surveyed in five countries on three continents.

2020 259
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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 decline in global real GDP in 2020. million units, in the wake of the COVID-19 pandemic. China slowly gaining momentum after shutdown.

2020 191
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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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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. But Statoil’s CFO said the world could start to see supply problems by 2020.

Oil 150
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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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The increase in fuel consumption we are forecasting for the summer driving season is a reflection of optimism about the US economy as COVID-19 vaccinations and fiscal stimulus support continued recovery. million b/d from March 2020. million b/d from 2020. MMBtu in 2020 to $3.31/MMBtu gal on 22 March. million b/d.

2019 186
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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The report indicates that “ the G7 will need to assist emerging market and developing countries in tackling their greater debt and finance constraints that have resulted from the pandemic, and embark on programmes of green recovery and transformation ”. The report says that $1.5-1.7

Global 170
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European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

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The response to COVID-19 is having a major impact on the economy, with retail and manufacturing activity crippled without precedence and concerns mounting on consumer sentiment. Demand stimulus will boost the utilization of our manufacturing capacity, safeguarding jobs and investments.

Renewable 207
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This is How the COVID-19 Pandemic Affect The Global EV Market

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COVID-19 & Global Electric Vehicle Market. It is expected that, with continuing innovations in the car industry, the electric vehicle market has seen steady growth. billion in April 2020 to subsidise the installation of charging stations. #3. The short distance market. Government policies and regulations.

Market 52