article thumbnail

China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. By 2020, average passenger car fuel consumption is to drop to 5.0

article thumbnail

EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. of around 16% of GDP to as much as 20% by 2020.

article thumbnail

IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

Green Car Congress

years, based on a snapshot of vehicles in operation (VIO) taken 1 January 2015, according to IHS Automotive. million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. As of Q1 2015, the average length of ownership for a new vehicle is 77.8

2015 150
article thumbnail

Cooperation of Daimler and Renault-Nissan Alliance accelerates, strengthens in 2015

Green Car Congress

The partnership between the Renault-Nissan Alliance and Daimler AG accelerated and strengthened as it entered its sixth year in 2015, the companies’ leaders said today in a media update given during the Frankfurt International Motor Show. The plant is expected to produce more than 230,000 cars a year by 2020. —Dieter Zetsche.

Nissan 150
article thumbnail

Study finds technology cost of achieving European 2020 LDV CO2 targets more than offset by resultant fuel savings

Green Car Congress

Provisional 2030 economic impact of achieving the 2020 targets in the two Phase I scenarios—Current Policy Initiatives and Tech 1— compared to baseline. In the second scenario, Tech 1, cars and vans achieve slightly higher efficiency levels in 2020 and continue along a similar trajectory of around 3% annual improvement.

Cost Of 261
article thumbnail

CAR: US light-duty vehicle sales to dip in 2019

Green Car Congress

CAR’s forecast includes a continuation of sales declines in 2020 and 2021 down to 16.5 US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. The Center for Automotive Research’s (CAR’s) updated automotive sales outlook forecasts US light-duty vehicle sales at 16.8 million units for 2019. million units in 2021.

2019 170
article thumbnail

Former VW boss Herbert Diess elected as chairman of chipmaker Infineon

Teslarati

Diess was part of Infineon’s supervisory board from 2015 to 2020. chipmaker Cypress Semiconductor in 2020. Its primary clients come from the auto industry, which Diess is also intimately familiar with, making him a good candidate for chairman. So the ex-VW head has inside knowledge about Infineon. .