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

Green Car Congress

The China policy response to assist the commercial-vehicle industry has been broad, with a variety of direct and indirect supports announced, locally and nationally. The local industry is already recovering, with commercial vehicle plants re-opened. The local industry is already recovering, with commercial vehicle plants re-opened.

2020 191
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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

In order to envision what may lie ahead, it’s key to understand how the EV industry was evolving up until the novel Coronavirus outbreak. The ongoing COVID-19 pandemic has slowed down the world as we know it and the automotive industry is no exception. EVs were experiencing rapid growth before the COVID-19 outbreak.

Economy 52