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IHS Markit: global auto sales to drop 22% this year

Green Car Congress

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 million units. Production.

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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

Green Car Congress

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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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

The first buyers will be fleet users, which will build central fast-charging facilities. "Importing batteries from Japan was very expensive," Wang says. "If we put our staff in Japan or the U.S., More from Fortune No party for Citis owners: You and me Is it time to buy American Express?

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

I would say that electricity is a vastly superior fuel for the light vehicle fleet,” said Willett Kempton , a professor and alternative energy specialist at the University of Delaware. Electrifying the entire vehicle fleet would provide more than three times the U.S.’s ’s power generation, he said. — t_F 10.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

Some numbers and percentages in Europe may look different from what you see elsewhere, because I’ve added light-commercial vehicle sales to numerator and denominator, to make the comparison with other regions equitable. I finally got hold of reported total bus fleets and bus replacement rates in Europe. E-buses were deployed.

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