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IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

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Two factors are driving the recovery, notably low automotive inventory that will result in new car growth next year, combined with stimulus packages designed to benefit the ailing car sector while favoring the switch to electric and hybrid cars, which are typically more expensive than equivalent internal combustion-driven models.

2020 170
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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It recommends that these should be a central part of the recovery packages of the G7 countries, which together should increase their annual investment by 2% of GDP, or $1 trillion, compared to pre-pandemic levels.

Global 170
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Continental Mobility Study 2020 finds many people still have doubts about EVs

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In Germany, these have been increased as part of the stimulus package to alleviate the impact of the coronavirus pandemic on the economy; in China, the premiums that were set to expire have also been extended. All five countries offer purchase premiums for electric vehicles, for example.

2020 259
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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During the Global Financial Crisis in 2008/9, the COVID19 pandemic, and now the Ukrainian War, economic stimulus packages were meant to put the world on a cleaner and greener path, but this is not at all evident in the CO 2 emissions data. parts per million, 51% above its pre-industrial level. GtCO2, and are projected to be 41.1

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EnerDel To Deploy AeroVironment Advanced Electric Vehicle Power Cycling and Test Systems at Indiana Facility

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Automotive lithium-ion battery maker EnerDel will be using a portion of its recent federal stimulus grant to purchase eight AeroVironment (AV) advanced electric vehicle power cycling and test systems. In August EnerDel was awarded a $118.5

Indiana 186
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Next-generation Lead Acid Battery Company Firefly Energy Shuts Down, Files for Chapter 7

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The US Army sought high-tech batteries to perform in desert conditions, said Ovan, adding that the company was disappointed when Firefly failed to get a share of the $2 billion distributed by the federal government - part of the stimulus package - for advanced battery research.

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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

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The $237M investment is part of a targeted $600M in investments worldwide during the next five years. million grant awarded under the federal stimulus package under a 50:50 cost-share program, of which EnerDel plans to spend $60 million in 2010. million, which comprises a state incentive package of $21.3 Bill Cooke.

Indiana 186