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

Green Car Congress

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 Most commercial vehicle factories in mainland China have returned to production. The local industry is already recovering, with commercial vehicle plants re-opened.

2020 191
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ABB invests $10M in ECOtality

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Net proceeds of the $10 million equity investment from ABB will be utilized by ECOtality as working capital to support the continuing requirements of the EV Project and will provide the Company with necessary funding to meet its anticipated expansion as a leader in electric vehicle (EV) charging infrastructure.

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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Although many feedstocks, technologies, and conversion pathways are currently sharing the same tent, the current decade is shaping up to be one of shakeouts, as early bets on cellulosic technologies reach commercial production and significant investments from oil majors and multinationals. commercialization. versus chemicals, etc.),

Global 253
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Ener1 Establishes European Division

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Ener1 also develops commercial fuel cell products through its EnerFuel subsidiary and nanotechnology-based materials and manufacturing processes for batteries and other applications through its NanoEner subsidiary. The company was recently selected to be awarded a $118.5

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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Pike projects that the Americas will account for 71% of global biofuels production. Given the scale of development, to date, and the crystallization of interests among a diverse range of stakeholders, widespread biofuels commercialization is no longer a question of “if’’, but “when”. commercialization. dominance and reach 49.5

Global 225
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ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

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have entered a commercial agreement to produce electric sport utility vehicles (SUVs), cars and other electric vehicles in China for domestic and global distribution. ZAP and Jonway will jointly market and sell electric vehicles in China, North America and Europe to broaden market reach. The Jonway A380. Click to enlarge.

China 186
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Freightliner Custom Chassis Corporations All-Electric Walk-In Van Chassis Debuts at NTEA Work Truck Show; Enova Drive System, Tesla Battery Pack

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The new chassis model is the only one domestically engineered and the first in the industry to be completely all-electric (includes HVAC system) in North America, according to FCCC. FCCC initiated our all-electric project well before stimulus money and federal grants were available for alternative-power transportation projects.