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China Forecast to Produce 12M Vehicles This year

Green Car Congress

China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). Sales of China’s domestically-made automobiles totaled 1.09 Sales of China’s domestically-made automobiles totaled 1.09 People’s Daily. million units in July, up 63.57

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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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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. Laura Marcero

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J.D. Power, LMC: new vehicle sales in US slide again, 6th time this year

Green Car Congress

For the second time in three months and the sixth time this year, new-vehicle retail sales in November are expected to slip from year-ago levels, according to a monthly sales forecast developed jointly by J.D. US new-vehicle retail sales in November are projected to reach 1,128,900 units, a 2.0% Power and LMC Automotive.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

The Three Prongs of the “Green&# Energy Stimulus Pa. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. People-Oriented Development Current Status of REDD Financing the Fifth Fuel Peak Phosphorus - Commence Urine Recyling on Space. 2) Chevy Volt (2) China (2) ECOD3.SA SZ (1) 6753.T

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Amidst the COVID-19 pandemic, several conflicting reports about the future of EVs have emerged: some predict EVs to grow by 38% year-over-year, while others forecast a 43% drop. In order to envision what may lie ahead, it’s key to understand how the EV industry was evolving up until the novel Coronavirus outbreak.

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