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

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IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 Most commercial vehicle factories in mainland China have returned to production. The local industry is already recovering, with commercial vehicle plants re-opened.

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Dow to produce advantaged materials for energy storage; initial focus on automotive

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The Dow Chemical Company is organizing a new business that will manufacture advantaged battery materials for the energy storage industry. Estimates of the energy storage industry project growth from $24 billion today to $74 billion by 2020, with the largest growth opportunity in the automotive market.

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Pike Research forecasts 37% CAGR for EV charging equipment, with 2.4 million units sold in 2020; wireless charging to show strong growth

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charging equipment for residential and commercial customers will be available. As the PEV market grows, it will need to reach a broader base of consumers living in multi-family dwellings, leading to greater growth in the sales of commercial EVSE than in residential units, according to Pike. However, China is expected to overtake Japan.

2020 277
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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. An explosion of hybrid sales in Japan.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. Annual investment in the global renewables industry had grown from $16.5 Billion vs. $28.3

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

We are thinking about plug-in hybrids, but we aren’tthinking about commercializing one right away,” Fukui said. Honda, Japan’s second-largest carmaker, last week beganbuilding a lithium-ion battery factory with joint-venturepartner GS Yuasa Corp. in Japan’s Kyoto prefecture to make packsfor gasoline-electric hybrid cars.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

If you want to drown in EV numbers and analyses from around the globe, do subscribe to Jose’s new commercial endeavor EV Volumes (and no, I’m not getting a cut). France’s auto industry is probably the largest Western auto industry that goes completely under the radar in the US. Domestic market not shabby either. Yup, yup, yup.

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