article thumbnail

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

Green Car Congress

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 million units. y/y in 2020.

Global 150
article thumbnail

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. He also believes that sub-1.6L

article thumbnail

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

Green Car Congress

US-based electric vehicle provider ZAP and China auto manufacturer Zhejiang Jonway Automobile Co. The Taizhou-based automaker markets and sells vehicles in China through a network of more than 600 auto dealerships. ZAP hopes to leverage a stimulus from the government for plug-in forms of transportation. The Jonway A380.

China 186
article thumbnail

Exclusive Greenius Coverage of Today’s Clean Tech Roundtable

Creative Greenius

He went on to say that China has stepped up their auto requirements from 37 miles per gallon to 42 miles per gallon – compared to our own new CAFE standards of 25 miles per gallon to 39 miles per gallon. Clean Building Materials – everything from LED lighting to solar panels.

Clean 170
article thumbnail

Tesla + Toyota

Revenge of the Electric Car

Resurrection of NUMMI auto plant by Tesla and Toyota lifts spirits all over Fremont. Resurrection of NUMMI auto plant by Tesla and Toyota lifts spirits all over Fremont. “We need to be in an established downtown,&# said Wolff, who’s still targeting a move to downtown San Jose if Major League Baseball gives the green light.

Toyota 191
article thumbnail

Plug-in cars: Moving Forward

Plugs and Cars

I write a column for the Electric Auto Association newsletter, Current EVents. The plan calls for 39 mpg for cars and 30 mpg for light trucks and SUVs by 2016; no automaker lawsuits; and California subscribes to the national program through 2016. Here's my June column. The trajectory remains clear, and the pace has quickened.

Plug-in 100
article thumbnail

Smart Meters and Electric Cars

Revenge of the Electric Car

“The idea is for electric cars to take advantage of “off-peak&# hours of low energy demand late at night, when the lights are out and TVs are off, but power plants are still producing, explained Ed Kjaer, director of electric transportation at Edison.&#. Photo by Eric Tom). Edison’s answer: new meters.