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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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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

Green Car Congress

This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. North America is the leading market for this technology, with hybrids capturing 30% to 40% of annual transit bus sales.

2018 276
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ABB invests $10M in ECOtality

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In conjunction with the investment, ECOtality and ABB have entered into a North American manufacturing agreement that establishes a collaborative and strategic supplier relationship between the ABB Group and ECOtality. The project is funded by the US Department of Energy through a federal stimulus grant of $114.8

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Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

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Novolyte Technologies, a leading manufacturer and supplier of specialty electrolyte materials for lithium-ion battery and energy storage applications, high performance solvents and other specialty chemicals, has signed a definitive agreement with Foosung Co., Foosung Co., Novolyte received in 2009 a $20.6-million

Li-ion 186
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Ener1 Establishes European Division

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Through its subsidiary EnerDel, it designs, develops and manufactures, advanced high energy density, lithium-ion batteries. 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.

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

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US-based electric vehicle provider ZAP and China auto manufacturer Zhejiang Jonway Automobile Co. have entered a commercial agreement to produce electric sport utility vehicles (SUVs), cars and other electric vehicles in China for domestic and global distribution. The Jonway A380. Click to enlarge. liter Mitsubishi engine.)

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.