Green Car Congress

MARCH 27, 2020

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 million units for 2020, with light vehicle sales forecast to post 22.4

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Green Car Congress

JULY 31, 2011

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 Another market headwind is the stagnant US housing market. billion in 2010 profit on a net margin of 4.6% million in 2012.

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Auto Industry Industry Industrial Auto 199

Green Car Congress

JULY 18, 2011

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

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Green Car Congress

APRIL 1, 2020

The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total. for the whole Chinese auto industry.

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Chinese Sale China 2020 221

Green Car Congress

JUNE 14, 2011

Plug-in hybrids dominate market penetration in 2025 under CAR scenario IV (62 mpg CAFE standard). The CAR report, the US Automotive Market and Industry in 2025 , relies on technology and market forecast data from the National Research Council (NRC) and J.D. mpg in a market with $6.00 Source: CAR.

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Fuel Economy Economy Auto Industry Standards 199

Teslarati

NOVEMBER 29, 2023

Automotive sales in European Union (EU) countries are expected to slow next year, though some are reporting that the slowdown will cause a sharp increase in electric vehicle (EV) market share. In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year.

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Auto Sale Auto Industry Europe 111

Green Car Congress

JULY 23, 2013

While the global market is expected to see positive growth overall, there are a number of mixed signals at the regional level. North America and Developing Asia-Pacific markets are driving most of the growth, while Developed Asia-Pacific is expected to see continued declines as assembly is localized abroad. to global growth.

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2013 Light 2017 Global 170

Baua Electric

JANUARY 31, 2024

Germany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year.

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CN EV Post

APRIL 17, 2023

NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. The price war has had a big impact on the auto industry, and NIO will not follow suit. percent from a year earlier and up 14.3 percent from February.

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Price Sale Auto Industry China 141

Teslarati

MARCH 26, 2024

auto industry BYD’s full-year 2023 net profit increased by 80.7 “The latest round of price cuts would inevitably result in a margin hit,” said John Zeng, London consulting firm GlobalData’s Head of China Market Forecasting (via Reuters ). The automaker posted 8.67 billion yuan (~1.2 percent to 180.04

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Green Car Congress

JUNE 11, 2015

Driven by environmental problems, a growing auto industry, and a big policy push, China’s advanced energy storage market will be worth $8.7 Lux Research analysts studied China’s growing energy storage market in the backdrop of drivers such as environmental pollution, the push toward renewables, and government incentives.

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Energy Storage Transportation Market Energy 150

Cars That Think

MARCH 28, 2023

As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry. industrial concerns from falling victim to similar semiconductor supply chain snafus in the future. In March of 2023, the U.S.

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Green Car Congress

JUNE 9, 2014

This year, we’re seeing somewhat of a plateau in the market, and expect it to remain over the next few years, without a major change in either direction. Looking ahead, IHS forecasts that average age of vehicles is likely to remain at 11.4 This while VIO is up 1.5%, a rate the auto industry hasn’t seen in the US since 2004-2005.

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Scrappage Vehicles Auto Industry Light 210

Baua Electric

AUGUST 16, 2024

China’s leading automaker, BYD , is reportedly planning to build yet another EV factory overseas as it looks to take on new global markets. Several reports are forecasting that BYD will outpace Tesla, and it could happen by the end of 2024. It’s even cracking into Japan’s auto industry, a market dominated by Toyota.

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Pakistan BYD Thailand Brazil 52

Push EVs

JANUARY 9, 2023

The UK’s auto market saw plugin electric vehicles take 39.4% Full electrics alone took almost a third of the market. Overall auto volumes were up 18% year on year in December, but still down compared to pre-2020 norms. 4) took December’s second place in BEV market share, and BMW (led by the i4) took 3rd.

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Market Plugin PHEV Cars 59

Teslarati

JULY 13, 2021

Tesla ( NASDAQ:TSLA ) has announced that it would be posting its financial results for Q2 2021 after the market closes on Monday, July 26, 2021. These headwinds included an ongoing chip shortage that has adversely affected the auto industry as a whole, as well as delays in the rollout of the new Tesla Model S Plaid.

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Tesla Auto Industry Companies Auto 145

Green Car Congress

NOVEMBER 29, 2016

Further, the advent of increasingly capable driver-assistance technologies has brought down accidents by 64% over the last ten years, with further improvements forecast for the next decade. This strategy is about giving our customers more choices and new services to make the ownership experience better. —Kent O’Hara.

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Personal Connected Connect Nissan 150

Green Car Congress

JULY 27, 2020

The research brief draws on the authors’ research and experience in the engineering, social, and policy dimensions of automation and autonomy in extreme environments of the deep ocean and aerospace, as well as years of engagement with the auto industry, transit, and automated vehicle systems.

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MIT Future Environment Auto Industry 294

Push EVs

APRIL 7, 2023

Sweden’s plugin electric vehicles took almost 60% of the auto market in March, up from 55.6% of the market, up from 31.8% Overall auto market volume was 30,261 units, up some 5% YoY, though still below historical seasonal norms. of all passenger auto sales! of the entire passenger auto market!

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Sweden Plugin Tesla Volvo 59

Push EVs

JULY 12, 2023

Sweden’s June auto market saw plugin EVs take 59.2% Overall auto volume was 28,283 units, up some 9% YoY, though still below pre-2020 norms. of the market (from 14.0% There were no new faces in the top 20 (nor even any newcomers BEV models to the overall market), but June saw a few personal-best performances.

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Sweden Plugin Tesla PHEV 52

Baua Electric

JUNE 24, 2024

The upshot is that in FY25, auto component makers remain optimistic about the India growth story and hopeful on the export front. So what explains this dichotomy between vehicle sales forecast and growing capex by component makers? Last year, it acquired 86 acres in Khed City Industrial Park, Pune and 37 acres in Hosur, Tamil Nadu.

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Auto SUV Light Industrial 52

Baua Electric

JANUARY 30, 2024

GM released its annual forecast with fresh clarity, it says, about labor costs after the ink has dried on new union contracts in North America. GM forecasts its total US auto industry sales to hit 16 million in 2024, but it has dropped its goal of making 400,000 EVs through mid-2024. billion last year.

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Sale Cadillac GM General Motors 52

Push EVs

APRIL 13, 2023

of the auto market in March, down from 22.7% BEVs saw fractional market share growth YoY, and a new volume record, whilst PHEVs saw a slight decline. Overall auto volume was 287,825 units, up some 18% YoY, though still some 19% down from March 2019 levels. combined share of the overall market (from 29.6%

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Plugin Tesla PHEV Audi 59

Green Car Congress

JANUARY 22, 2011

The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. With regard to what would happen to government subsidies for the automotive industry in their respective countries, executive were mixed. US automaker gains in market share. Investments.

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Global Auto Fuel 2010 218

Push EVs

MAY 17, 2023

The UK car market saw plugin electric vehicles take 21.9% Overall auto volume was 132,990 units, up 11.6% YoY overall market growth, BEVs grew volume 59% to 20,522 units, and PHEVs grew 33%, to 8,595 units. Most of the auto market’s volume growth, in fact, came from plugins. year on year.

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Plugin Nissan PHEV Auto 59

Green Car Congress

FEBRUARY 5, 2013

million hydrogen-powered vehicles could be on UK roads by 2030, according to interim Phase I findings of the UKH 2 Mobility project, a joint Government-industry to evaluate the potential for hydrogen as a fuel for Ultra Low Carbon Vehicles in the UK before developing an action plan for an anticipated roll-out to consumers in 2014/15.

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Hydrogen Sale Vehicles Power 252

Push EVs

FEBRUARY 8, 2023

France’s auto market saw plugin electric vehicles (EVs) take 22.3% Overall auto volumes were 111,939 units, some 9% higher YoY, but still well below pre-2020 seasonal norms. Outlook Auto industry data organization, AAA Data, summarized their take thus; “The year 2023 is off to a better start than 2022.

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France Plugin Auto Escape 59

Green Car Congress

JANUARY 4, 2012

In its “2012 Outlook: US Auto Manufacturers and Suppliers”, Fitch assigns the industry a Positive Rating, expecting the credit profiles of the US OEMs and auto suppliers to generally strengthen in 2012, assuming that global economic conditions do not weaken materially from current trends. million units in 2012, up 4.4%

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2012 Detroit Chrysler 2009 186

Qnovo

MARCH 2, 2021

At a market capitalization exceeding $700 billion, Tesla enjoys a unique financial position among all auto manufacturers to expand its investments in electric vehicles and infrastructure. We are in the midst of deep disruption to the auto industry. There is a split opinion among auto manufacturers.

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Supplies Electric Vehicles Parts Battery 52

Green Car Congress

JULY 4, 2009

Winterkorn made the remarks during a presentation at the 17 th Handelsblatt-Jahrestagung in Munich on 3 July, during which he outlined VW’s approach to future mobility in the current context of the economic crisis, pessimism about the industry and technology potential. And the auto industry doesn’t hold back on announcements.

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2013 Companies Gas-Electric Recharge 150

Green Car Congress

NOVEMBER 26, 2015

According to KPMG’s Gary Silberg, National Automotive Leader for KPMG, the increasing desire for mobility options will present “huge opportunities for new entrants and business models in the auto industry.”. We grossly underestimated that trend.

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Miles Vehicles Denver Personal 150

Green Car Congress

FEBRUARY 18, 2009

The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 Following the steep decline in US industry sales in December 2008 and January 2009, GM responded by further lowering its forecast for 2009 US industry sales to 10.5

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Chrysler GM Saturn Production 150

Revenge of the Electric Car

MAY 17, 2010

presence in the world’s two largest passenger car markets (China and the. Read more in the article: Can electric cars break out of niche status in US, China market? the world’s two largest passenger car markets, then a transition away from. Can electric cars break out of niche status in US, China market?

China 133

China E6 Gasoline-Electric Chinese 133

Green Car Congress

FEBRUARY 4, 2011

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

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Plug-in 2015 Plug Recharge 218

Plug In Partners

DECEMBER 14, 2007

Slow charging has been the key hurdle to public acceptance of battery-electric vehicles as viable distance travelers, so this breakthrough has all sorts of implications for the automotive industry as well as being a very welcome upgrade to a whole host of other portable devices.

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Charging Li-ion Lithium Ion Mitsubishi 100

Green Car Congress

MARCH 5, 2020

Sales in the world’s single largest vehicle market sank 33.1% Many established automakers and suppliers have hinged their business plans on China in light of its previously reliable sales growth, especially as western markets begin to contract having reached peak motorization. compared with January 2019 to just 1.66 million units.

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Sale 2012 Global 2019 286

Teslarati

JANUARY 25, 2023

17:22 CT – Tesla executives also highlighted that there is no EV market. million forecast. “We think demand will be good despite probably a contraction in the auto industry as a whole,” Elon said. Elon Musk confirmed that yes, Tesla would be doing this, though the product has not been announced as of yet.

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Tesla Texas Nevada Production 111