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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal. Preliminary registrations statistics for the month of March suggest a year-over-year decline in new Class 4-8 truck registrations of approximately 30%.

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CEC report sets out North American plan for change and investment to achieve sustainable freight transportation

Green Car Congress

But, the report identifies clear opportunities, especially in light of infrastructure-related stimulus investment, to get this right. Without such a vision, and the transformational investments that go with it, GHG emissions from freight transportation will continue to increase and the NAFTA countries will risk losing their competitive edge.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

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Silent engines, positive impact on the environment, and decreased fuel costs are all reasons for this transition to EVs. In Germany, statistics from the Federal Motor Transport Authority reveal that total car registrations in March fell by 38% while fully electric cars actually grew by 56% and hybrids by 208%.

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