Remove 2016 Remove Auto Industry Remove Stimulus
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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

“Contributing to the short-term over-capacity issue is that manufacturers rushed to build out capacity ahead of demand to (a) capture stimulus funding and (b) try to drive scale to reduce cost. “In the near-term, we expect to see some consolidation in the battery industry, with a few leaders taking the lead.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

The only exception to this geographical intra-Europe rule was Ukraine, entering the Top 10 in 2016-2018 on the power of grassroots-driven lively market of second-hand EV imports, which seems to have stalled in 2019-2020. France’s auto industry is probably the largest Western auto industry that goes completely under the radar in the US.

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J.D. Power, LMC: new vehicle sales in US slide again, 6th time this year

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However, these results are being driven in part by elevated incentive levels, which represent a meaningful risk to the long-term health of the auto industry. Elements in the forecast inlude: The seasonally adjusted annualized rate (SAAR) for retail sales in November 2016 is projected to reach 13.9 million units, up from 13.8

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