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IHS Markit forecasts 18% drop in global vehicle sales YoY to 73.3M units under extended lockdown scenario

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IHS Markit said that the 40% chance of an extended lockdown forecast reflects immediate impacts of new containment measures that have been announced globally and expanded within countries already confronting the virus. Stimulus measures prove ineffective at backstopping crisis and unemployment rates spiral. million units.

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Pike Research forecasts surge in investment and growth in advanced biorefineries through 2022

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Pike Research forecasts that biorefineries globally will attract $170 billion in new capital investment between 2012 and 2022, reaching 81 billion gallons per year (BGY) of installed capacity. thermochemical and hybrid conversion pathways are expected to increase over the remainder of the forecast period. Source: Pike Research.

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. Europe is behind on hybrid bus deployments, although stimulus. 6 years, with a compound annual growth rate (CAGR) of 26.4% from 2012 to 2018. Li-ion batteries.

2018 276
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China Forecast to Produce 12M Vehicles This year

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China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). People’s Daily. Sales of China’s domestically-made automobiles totaled 1.09 million units in July, up 63.57

China 218
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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

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Pike Research forecasts 37% CAGR for EV charging equipment, with 2.4 million units sold in 2020; wireless charging to show strong growth

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In a new report , Pike Research forecasts that global sales of electric vehicle (EV) charging equipment (EVSE) will grow at a steady pace from 2012 to 2020 as the global market for plug-in electric vehicles (PEVs) grows. The EVSE market will rise from below 200,000 units sold in 2012 to almost 2.4

2020 277
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Polk Forecasts US LDV Sales to Grow 10.2% in 2010

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million units in 2010, according to its most recent US light vehicle forecast. —Dave Goebel, North American forecast consultant for Polk. —Dave Goebel, North American forecast consultant for Polk. Polk’s forecast for Real GDP US growth in 2010 is 2.9%. Polk & Co. Light vehicle sales in 2009 were 10.4

2010 170