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

Green Car Congress

Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. By 2026, IHS Markit forecasts the global market for automotive semiconductors to reach $67.6

2020 170
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Study finds that replacement programs that reduce vehicle lifetime can result in increased lifecycle CO2 emissions

Green Car Congress

Vehicle replacement schemes such as the “cash for clunkers” program in the US and the “scrappage scheme” in the UK have featured prominently in the economic stimulation packages initiated by many governments to cope with the global economic crisis—at least 13 countries have deployed such schemes.

Emissions 218
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Cash for Volts?

Revenge of the Electric Car

The “cash for volts&# approach was touted Monday by the Electrification Coalition, a 13-member group that sees electric plug-ins as the answer to a host of problems, from dependence on foreign oil to tailpipe emissions that some believe is contributing to global climate change. November 16, 2009: 06:01 PM ET. By Judith Burns.

Volt 100
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Study finds deploying EVs isn’t enough—reaching emission goals requires early retirement of polluting trucks – Charged EVs

Baua Electric

While the study is focused on California, the authors explain that its insights are applicable globally. “Accelerated retirement programs will be critical for California to reach emissions targets by 2045.” The research findings are relevant to any government aiming to decarbonize [its] vehicle fleet.”

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

The US can lead in a new, profitable, global business opportunity. We can add carbon filters to diesel trucks to get rid of black carbon—soot, which is another global health and climate problem. We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program.

Oil 252
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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

With the global automotive industry spiraling, several reports have questioned how EVs will fare vis-à-vis the turbulence in the broader industry. Overall, interest in sustainable mobility is weathering and is also seemingly precipitated by the unprecedented global pandemic. Why some analysts expect EV sales to drop.

Economy 52