article thumbnail

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

Green Car Congress

IHS Markit anticipates some of the sharpest slides in demand in Italy and the United Kingdom in Western Europe and in countries including Poland in Central Europe, where the trucking industry prominently supports European goods movement.

2020 191
article thumbnail

Iveco step up production of biomethane-powered vehicle

Green Cars News

Through creating and selling this fuel product, we recover the latent energy stored in material discarded by society, providing power which is particularly suited to vehicles operating in the urban environment. We are particularly pleased with the improvements achieved in air quality when using LBM to displace diesel.

Power 36
article thumbnail

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. Southern Europe is still almost a no-go area for investors because of retroactive policy changes, most recently those affecting solar farms in Italy.

2014 150
article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Silent engines, positive impact on the environment, and decreased fuel costs are all reasons for this transition to EVs. In certain European countries, such as Italy or the UK , passenger vehicle sales even dropped as much as 95-97%. For the past few years, EVs became an increasingly popular choice amongst drivers.

Economy 52