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IHS Markit: global auto sales to drop 22% this year

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The expected cycle of decline, stabilization and recovery for autos varies by market, reflecting variations in containment strategies and policy responsiveness. Europe will see mixed recovery cycles, as a result of local restrictions and varied economic support and stimulus. North America is forecast to see sales drop 26.7%

Global 150
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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. Pike suggests that North America will experience a rebound in a few years, as the economy stabilizes along with public transit funding levels. from 2012 to 2018.

2018 276
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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. Jonway currently manufactures several thousand units per month of its A380 compact SUV in 3- and 5-door models and is expanding its product line with new model sedans and other automobiles. The Jonway A380. Click to enlarge.

China 186
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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Individual regional forecasts are set to a downtrend, and supply chain impacts are being felt, as the consequences of the virus have shuttered manufacturing and supplier facilities around the world. million units, in the wake of the COVID-19 pandemic. decline in global real GDP in 2020.

2020 191
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How and When the Chip Shortage Will End, in 4 Charts

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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. billion, the auto industry makes up less than 9 percent of chip demand by revenue, according to market research firm IDC.

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PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012

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This will bring the region in sync with the recent recoveries in North America and Eastern Europe and the continued growth in developing Asia-Pacific and South America, according to the consultancy. Global automotive industry regional highlights include: North America. South America. million units. million units in 2019.

2013 220
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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