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

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

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growth in the industry over the next decade, Pike expects production volumes to fall short of an estimated 71.8 continue to pour into the industry. Ultimately, widespread commercialization will depend on whether these ventures can reach price. The Americas are projected to account for 71% of global biofuels production.

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

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drive increased investment in the industry, the report finds. Pike projects that the Americas will account for 71% of global biofuels production. After healthy growth over the past decade, the global biofuels industry is entering a new era marked by feedstock flexibility, product neutrality, and sustainability, the report notes.

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Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

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With this venture we feel that Novolyte is now positioned to become the leading global supplier of lithium battery electrolytes, a key performance component in the fast growing market of lithium ion batteries for consumer, automotive and industrial markets. Novolyte received in 2009 a $20.6-million

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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.

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Pike Research forecasts 37% CAGR for EV charging equipment, with 2.4 million units sold in 2020; wireless charging to show strong growth

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charging equipment for residential and commercial customers will be available. As the PEV market grows, it will need to reach a broader base of consumers living in multi-family dwellings, leading to greater growth in the sales of commercial EVSE than in residential units, according to Pike. install a charger. used in the near future.

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

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Wendel Dreve and Marion Gilliland have dedicated the past five years to pursing their dream of transforming the corn ethanol industry. First, the industry is approaching the ethanol-to-gasoline blend wall of 10% ethanol, 90% gasoline in standard gas engines. All of these issues are contributing to excess capacity in the industry.