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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

in 2014 as a result of industrial overcapacity and weakness in the real estate sector. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

Electric vehicles typically have a smaller operating carbon footprint than gasoline cars, even when accounting for the electricity used for charging. The mining industry as a whole is also being held more accountable globally and parts of the global auto industry are now focusing intently on ethical sourcing.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

Electric vehicles typically have a smaller carbon footprint than gasoline cars, even when accounting for the electricity used for charging. The mining industry as a whole is also being held more accountable globally and parts of the global auto industry are now focusing intently on ethical sourcing. THE BOTTOM LINE.