Pandemic Intensifies Margin Pressure on Automotive Suppliers; Sales Expected to Decline Globally by 15 to 20 Percent In 2020

EBIT margins fell to a historic low of 1.7 percent in the first half of 2020 Car sales in North America and Europe expected to reach pre-crisis levels only after 2026 Suppliers must balance restructuring and strategic realignment MUNICH/FRANKFURT–(BUSINESS WIRE)–Electromobility, autonomous driving and digital transformation of cars: Technological change continues to put pressure on margins […]

United States Electric Vehicle Industry Report 2020-2025: Transitory Trends in the Electric Vehicle Ecosystem – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Transitory Trends in the Electric Vehicle Ecosystem in the United States, 2025” report has been added to ResearchAndMarkets.com’s offering. As we move into the new decade, the electric vehicle (EV) industry is likely to experience total sales of over 2.5 million units (including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). […]