Batteries, Cash For Clunkers, Powered and Stimulus

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Stimulus

IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

Green Car Congress

NOVEMBER 6, 2020

Two factors are driving the recovery, notably low automotive inventory that will result in new car growth next year, combined with stimulus packages designed to benefit the ailing car sector while favoring the switch to electric and hybrid cars, which are typically more expensive than equivalent internal combustion-driven models.

2020

2020 Cash For Clunkers Stimulus Package Global

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

JANUARY 4, 2021

Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. In Italy, data from the Italian Foreign Car Maker Association highlights that car registration for gas and diesel-powered vehicles fell by 97.5%

Economy

Economy Electric Vehicles Vehicles Electric

EV Driven

IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

Can Electric Vehicles Speed Up As The Economy Slows Down?

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