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IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

Green Car Congress

Two factors are driving the recovery, notably low automotive inventory that will result in new car growth next year, combined with stimulus packages designed to benefit the ailing car sector while favoring the switch to electric and hybrid cars, which are typically more expensive than equivalent internal combustion-driven models.

2020 170
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Li-ion manufacturer Ener1 files pre-packaged Chapter 11 bankruptcy

Green Car Congress

has initiated a pre-packaged Chapter 11 bankruptcy case to implement a restructuring plan agreed on by its primary investors and lenders. In 2009, Ener1 subsidiary EnerDel received $118.5 million in federal grant funding under the stimulus package. In 2009, Ener1 subsidiary EnerDel received $118.5

Li-ion 261
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Cummins Westport Inc. and Cummins India Ltd. Receive Order for 460 Natural Gas Engines

Green Car Congress

The B Gas Plus and B Gas International engines, powered by compressed natural gas (CNG), are licensed by CWI and manufactured by CIL. The Government of India unveiled a transport stimulus package on 3 February 2009 to provide central funding to purchase buses for urban transport systems.

India 186
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

He identified three major themes in 2009 for renewable energy: “ Energy markets are undergoing their most fundamental changes since the 1930s; cap and trade is the most complex issue outside of health care; and schisms exist within the energy community that will grow stronger over time. Billion vs. $28.3 Billion in 2008).

Financing 150
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Ford Starts EV Test Drives

Revenge of the Electric Car

company prepares to introduce battery-powered models as early as next year. company prepares to introduce battery-powered models as early as next year. The company is already trying out battery-powered vehicles in London, Meier said. . “Ford Motor Co. 4 as the U.S. 28 (Bloomberg) — Ford Motor Co. 4 as the U.S.

Ford 173
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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

Green Car Congress

Their statement suggests using some of the money available from fiscal stimulus packages to invest in activities that can provide jobs as well as create low emission options. They say that linking the economy and climate discussions in this way can create a “diplomatic opportunity” in 2009.

Green 150
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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

Green Car Congress

This will take place within the framework of the German economic stimulus package (Konjunkturpaket II) and other national and state programs to jointly address standardization and cost reduction issues. Daimler begins small series production of the B-Class F-CELL at the end of 2009. Earlier post.)

Germany 268