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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

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Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). Last week, J.D. Earlier post.) Earlier post.)

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BP joins GE, Google Ventures, ConocoPhillips, and NRG Energy in biomass-to-gasoline startup CoolPlanet’s C Round

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a start-up company developing a technology that converts low-grade biomass into high-grade fuels, including gasoline, and carbon that can be sequestered ( earlier post ) announced that BP Technology Ventures has made an investment in the company’s C Round of financing. CoolPlanet BioFuels, Inc.,

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First European Lighthouse Project for Hydrogen Fuel Cars to Launch in Norway; 17 Fuel Cell Vehicles and Refueling Station in 2011

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The first EC-funded European Lighthouse Project (LHP) for hydrogen fuel cell cars will launch in Oslo, Norway in 2011 with 17 hydrogen fuel cell vehicles and a large scale hydrogen refuelling station by H2 Logic. million (US$25 million) financed by company contributions as well as European and national funding from Norway and Denmark.

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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

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The EVer (Electric Vehicle extended range) powertrain of the Fisker Karma. The company, which began deliveries of the Fisker Karma luxury four-door extended range electric sedan in December 2011, also said that it has delivered 1,000 vehicles to customers in the US and Europe. Click to enlarge.

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BYD and Hertz partnering on EV rentals in China

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As part of the partnership, Hertz will rent BYD’s e6 electrical vehicle (EV) to Chinese consumers, municipalities and government agencies. 300 more BYD e6s were added to these fleets in July for the 2011 Shenzhen Universiade. On Monday, BYD reported that its first-half profit fell nearly 90% from a year earlier to 275.36

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ITOCHU and JGC Launch Large-scale Bio-ethanol Production and Power Plant Businesses in the Philippines

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million gallons US)), and also sell electricity generated by a power plant (maximum of 19 MW) fueled by sugarcane residuals (bagasse). Under the law, an incentive program will be created which provides favorable treatment for the supply of electricity generated by renewable energy resources.

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EC rolls out CARS 2020 action plan for European auto industry

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This Action Plan is based on four pillars: investing in advanced technologies and financing innovation; improving market conditions; enhancing global competitiveness; and investing in human capital and skills and softening the. The Commission is convinced that financing should cover. social impacts of restructuring. Sizeable efforts.