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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

China 218
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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

With chips finally reaching factory floors, their own manufacturing capacities were restored to pre-pandemic levels by the end of 2022. considered getting into the chip-stimulus game as well. Cars rely on chips made using mature—40-nanometer and older—manufacturing processes. In March of 2023, the U.S.

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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. As a result of the lockdown, automobile production ground to a halt in several leading car manufacturing countries.

Economy 52