article thumbnail

Report: Increasing fuel prices drive hybrid, diesel and small car sales in US to outpace market in 1Q 2011

Green Car Congress

in 1Q 2011 compared to 1Q 2010; diesel grew 42.9%; and small cars such as the Ford Fiesta and Honda Fit grew 23.3%. These results led to a hybrid new vehicle marketshare in 1Q 2011 of 2.3%; a diesel marketshare of 0.6%; and a small car marketshare of 3.4%. For March 2011, hybrid sales grew 46.4% Sales of hybrids grew 33.9%

2011 218
article thumbnail

Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

Green Car Congress

At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%. savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. combined, where emissions increased by 9% and 6% respectively in 2011.

2011 236
article thumbnail

Clean Energy to Acquire BAF Technologies, Natural Gas Vehicle Technology and Conversion Company

Green Car Congress

the leading provider of natural gas vehicle systems and conversions in the United States. The purchase price payable at the closing of the acquisition of BAF is approximately $8.3 Pursuant to the terms of the acquisition agreement, the purchase price will be used in part to pay off the outstanding debt of BAF. Earlier post.).

article thumbnail

Joule Achieves Direct Microbial Conversion of CO2 into Hydrocarbons

Green Car Congress

reported a major step forward in its development of renewable fuels, achieving direct microbial conversion of carbon dioxide into hydrocarbons via engineered organisms, powered by solar energy. Production was achieved at lab scale, with pilot development slated for early 2011. Joule Biotechnologies, Inc. Earlier post.)

article thumbnail

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

We expected it would come from higher prices or a supply disruption—we’ve all been surprised.) Cash for Conversions” will start by fixing many of our 100 million trucks, vans, and buses. When they’re mass-produced, conversions will cost under $10-$15,000. That’s why we need a second speech with a new strategy.

Oil 252
article thumbnail

J.D. Power: types of new LDVs purchased and profile of buyers are changing rapidly; increase in financially less-qualified buyers

Green Car Congress

While sales of new light vehicles in the United States continued at a brisk pace in March 2012, the types of vehicles being purchased, as well as the types of buyers and the average transaction price are rapidly changing, according J.D. US new light-vehicle sales in March are expected exceeded 1.4

Purchase 225
article thumbnail

Arc 1 Conversion Journal 3/3/2012

DIY Electric Car

My professional life has kept me busy, but I still have made good progress on my conversion. Winter 2011-2012: Engine Bay and Under-car: The car is now completely gas-less. First, someone on the forums has offered to sell an adapter from one of their former conversions. Very good prices. I have yet to see photos.