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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 Public economic data and forecasts were also used in the study. million units in 2011 and only 13.6 million in 2012.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. Don’t Overreach: With the entire supply chain so vulnerable, automakers should err on the conservative side when forecasting volumes for new or resourced programs. The Role of Banks. Laura Marcero

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California environmental lawyer forecasts the future of state and federal emissions regulations

Charged EVs

The reinvigoration of the body of interrelated federal and state fuel economy and emissions regulations will have major implications for the auto industry and the environment. That has been probably the biggest hurdle—not the biggest engineering hurdle, but the biggest legal hurdle. You better have some steel. That’s huge.

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Gas War: 25 States Sue EPA Over Updated Emissions Regulations

The Truth About Cars

The Biden administration is willing to sacrifice the American auto industry and its workers in service of its radical green agenda. West Virginia Attorney General Patrick Morrisey called the rules "legally flawed and unrealistic, to say the least." We just aren't buying it," Coleman said. The EPA declined to comment.

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