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UK New Car CO2 Emissions Drop by Biggest Ever Margin in 2009

Green Car Congress

The average new car sold in the UK in 2009 emitted 149.5 2009 saw the 12 th successive annual drop in average new car CO 2 emissions, but the rate of decline was increased by the recession and subsequent Scrappage Incentive Scheme steering buyers towards more fuel-efficient models. g/km of CO 2 , down 5.4% on the 2008 figure and 21.2%

2009 291
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5%

2015 150
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China Developing National Emission Standard V, Likely to Be Published in 2015

Green Car Congress

He made the remarks during the 2009 International Forum on Chinese Automotive Industry Development (IFCAID) held last week in Tianjin. Ren added that State Administration of Taxation and the Finance Ministry are also considering levying a car emission tax in future.

2015 186
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Electrification Coalition releases Fleet Electrification Roadmap; suggests fleet adoption could put a cumulative 200,000 PHEVs and EVs on the road by 2015

Green Car Congress

The analysis in the EC roadmap concludes that fleet adoption of grid-electric vehicles (PHEVs and EVs) could lead to a cumulative 200,000 units on the road by 2015. In 2009, the EC published its Electrification Roadmap, which proposes that by 2040, 75% of the light-duty vehicle miles traveled in the US should be electric miles.

Fleet 236
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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

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A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. We need both a policy like a carbon tax and to put more R&D money into renewables.

Chicago 150
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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

A123 Systems has been the recipient of a number of state and federal grants and tax incentives. In December 2009, A123 entered into an agreement establishing the terms and conditions of a $249.1-million The agreement also provides for reimbursement of pre-award costs incurred from 1 June 2009 to 30 November 2009.

Grant 299
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GM invests $356M in Flint, Saginaw and Grand Rapids engine/component operations; commits to $1B investment in Michigan by 2030

Green Car Congress

The Michigan investment announcements come on the same day as an amended agreement between GM and the Michigan Strategic Fund under the Michigan Economic Growth Authority (MEGA) tax credit program. Since 2009, GM has made investment commitments in Michigan of more than $9 billion. Today’s announced investment of $356.35

Michigan 150