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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

Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. In some parts of Europe, for example, the government is only providing incentives for electrified vehicles.

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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. As the country ramps up its economic stimulus, imports of unwrought copper, copper products, and ores are projected to increase in anticipation of higher demand.

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Nissan reports significant net loss

Green Cars News

During the year, Nissan sold a total of 3,411,000 vehicles worldwide which is down 9.5%. The global sales forecast for fiscal 2009 is 3.08 Nissan has followed Honda and several other Japanese carmakers by announcing significant losses in its financial results for the fiscal year ending in 2008. million units.

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