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Archive | Industry Analysis 2020

Coronavirus Shaking Up Car Buying, As Millennials Suddenly Love Them

Coronavirus Shaking Up Car Buying, As Millennials Suddenly Love Them. Millennials leading car ownership would have been unthinkable, particularly in terms of buying non-electric cars. The industry should recognize that there is a new market” Millennials are said to despise the fossil-fuel powered car, embrace public transport, worry about climate change above all else and […]

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Plug-in Hybrids Will Play A Big Role, Despite Unjustified Green Attacks

Plug-in Hybrids Will Play A Big Role, Despite Unjustified Green Attacks. “Plug-in hybrids are the car industry’s wolf-in-sheep’s clothing” “PHEVs have a part to play especially when BEV can’t fulfil all lower CO2 requirements” You would think the half-way house that is a plug-in gasoline electric hybrid was the perfect stepping-stone to an all-battery powered […]

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Electric Car Sales Will Accelerate, But ICE Retains Big Global Share

Electric Car Sales Will Accelerate, But ICE Retains Big Global Share. “The possible emergence of a “New Triad” – the convergence of the electric car, ride-hailing and car-sharing services, and self-driving autonomous vehicles could disrupt oil’s century-long dominance in transportation” The surge of electric car sales is undeniable, but the noise generated by politicians and […]

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ChargePoint

Europe’s Power Network Needs Massive Spending To Meet Electric Car Challenge

Europe’s Power Network Needs Massive Spending To Meet Electric Car Challenge. “Concerns surrounding the U.K’s outdated grid to support the charging of electric vehicles is mounting. Implementing robust infrastructure is vital” ChargePoint, which says it is the world’s largest electric vehicle charging business, said the battery car revolution in Europe could be jeopardized if electric […]

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BMW Improves Quarterly Financial Data, After Daimler Led The Way

BMW Improves Quarterly Financial Data, After Daimler Led The Way. “Economic disruption caused by the coronavirus pandemic continues to significantly impair forecasting and leads therefore to considerable uncertainty in providing an accurate outlook” BMW investors reacted calmly to news free cash flow, an important early indicator of profitability, zoomed ahead in the 3rd quarter at […]

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Global Auto Sales Won’t Recover Pre-Coronavirus Highs Until 2023

Global Auto Sales Won’t Recover Pre-Coronavirus Highs Until 2023. “Economists worry direct government support will have a limited duration and when the money runs out, economies might slump again and damage vehicle sales” Hopes the global automotive industry would recover pre-coronavirus sales with a swift, uncomplicated “V” by the end of the year or early […]

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