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

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Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. — Biofuels Markets and Technologies. billion in 2011 to $185.3 billion by 2021. biofuels.

Global 253
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Enova Announces 16 Unit Hybrid School Bus Order; Initial Deployment of Federal Stimulus Dollars for School Buses

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Both Navistar, who claims 61% of the school bus market in North America, and Enova, say that this initial deployment is an important next step in the evolution of the hybrid school bus program towards long term production volume. Enova COO John Mullins.

Stimulus 186
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Pike Research forecasts global biofuels market value to double to $185B by 2021

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According to a new report from Pike Research, the increased production and consumption of biofuels will more than double the industry’s market value in the next decade. Pike forecasts that the global market for biofuels will increase from $82.7 Pike projects that the Americas will account for 71% of global biofuels production.

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

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ZAP and Jonway partnered on the production of an electric version of the compact 5-door Jonway A380 SUV, integrating AC propulsion and lithium-ion battery system technologies to produce a mid-range electric vehicle (EV) that ZAP intends to offer to the fleet market in China. The conventional A380 is powered by a 1.6- liter Mitsubishi engine.)

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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March appears to have been solid, on preliminary data, and April may even reach prior-year volumes thanks to strong government stimulus, but we do not see all of the lost volume being made up. This downturn in production reflects weaker demand throughout the region as well as in export markets.

2020 191