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

Green Car Congress

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.

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"Plug-in Arizona Educational Tour" Update -- "Spirit of DC's" Visit to Nogales High School with Nogales International Reporter, Tuesday, 24 Nov 2009

Spirit of DC - PHEV3A

Particularly to the Plug-in Hybrids Electric Vehicle (PHEV) like the Toyota Prius before them as well as converting internal combustion engines into pure Electrics! After all, if the US Stimulus Package program could do "Cash for Clunkers," then why not "Cash for Conversions!".

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