2020 Global Manufacturer Stimulus 
Green Car Congress
APRIL 18, 2020
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.
Green Car Congress
JANUARY 8, 2021
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 Japan, policymakers are additionally targeting manufacturers and paying innovation premiums for increases in range.
Green Car Congress
MAY 1, 2020
IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 y/y in 2020.
Green Car Congress
JUNE 7, 2021
It also calls on the G7 to “ make a collective commitment to double climate finance ” and to lead on ensuring that the rich countries “ deliver on and go beyond ” their commitment to mobilise $100 billion per year by 2020 from public and private sources to support developing countries in tackling climate change. The report says that $1.5-1.7
Green Car Congress
MARCH 22, 2010
Recent market reports have predicted that the global market for large format lithium-ion batteries—such as those used in plug-in vehicle applications—will see a substantial overcapacity in the coming years, with some predicting an excess of more than 100% in 2015. Earlier post.).
Cars That Think
MARCH 28, 2023
One looming artifact of the pandemic that remains in 2023—the global chip shortage —has gratefully begun to recede. With chips finally reaching factory floors, their own manufacturing capacities were restored to pre-pandemic levels by the end of 2022. considered getting into the chip-stimulus game as well.
Get Electric Vehicle
MAY 25, 2021
The COVID-19 control measures and the economical crisis that followed took a massive toll on the global automotive and manufacturing industries. The main reasons for global automotive sales drop are, The purchasing power of consumers decreased. The lockdown and related restrictions disrupted the manufacturing plant’s operations.
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