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IHS Markit: global auto sales to drop 22% this year

Green Car Congress

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 The IHS Markit forecast for Greater China sales in 2020 sees volume at 21.4 market sales forecast is 12.5

Global 150
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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

Green Car Congress

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. Pike suggests that North America will experience a rebound in a few years, as the economy stabilizes along with public transit funding levels.

2018 276
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PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012

Green Car Congress

This will bring the region in sync with the recent recoveries in North America and Eastern Europe and the continued growth in developing Asia-Pacific and South America, according to the consultancy. Global automotive industry regional highlights include: North America. million units. million units. million units.

2013 220
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

Looking across the full year, IHS Markit is expecting a 21% decline over 2019 production volumes due to a combination of factors including COVID-19, but also the natural weakening in truck demand following unusually strong sales in 2018-19. The local industry is already recovering, with commercial vehicle plants re-opened.

2020 191
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ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

Green Car Congress

ZAP and Jonway partnered on the production of an electric version of the compact 5-door Jonway A380 SUV, integrating AC propulsion and lithium-ion battery system technologies to produce a mid-range electric vehicle (EV) that ZAP intends to offer to the fleet market in China. The conventional A380 is powered by a 1.6- liter Mitsubishi engine.)

China 186
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Japan Automakers Plan to Step Up Exports of Small-Cars

Green Car Congress

Foreign demand for small cars has been growing in part because of stimulus measures in some countries to encourage consumers to replace their cars. liter subcompact sold as the Demio in Japan and the Mazda2 elsewhere to North America. will launch European sales of the 1-liter Pixo, made by Suzuki Motor Corp.

Japan 150
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How NI plans to innovate in the EV test and measurement industry and unlock the power of data

Charged EVs

For example, very high-voltage stimulus and measurement—those products have been around for decades in other smaller industries, like the electric grid or certain aerospace testing applications. But then that technology intersected with a much bigger and rapidly moving industry in automotive. So that was the first company in this space.