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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.

2020 170
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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

After visiting with Nogales International newspaper staff, Reporter Denise Holley, EVJerr and the "Spirit" headed over to Nogales High School in order to link up with Automotive Instructor, Ruben Verdugo and his Class. After all, if the US Stimulus Package program could do "Cash for Clunkers," then why not "Cash for Conversions!".

Arizona 36
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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. This growth is no small feat considering overall car sales have been falling in the past two years. Car manufacturers have already pledged over $2.5

Economy 52