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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

The central government’s plan, posted on its website, is targeting the production of 500,000 plug-in hybrid and electric vehicles by 2015, with output to grow to 2 million units of those types by 2020. Under the plan, by 2015 average passenger car fuel consumption is targeted to drop to 6.9 L/100km (40 mpg US) or less.

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Porsche spent €2.2B on R&D in 2016; PHEVs, Mission E BEV, digitalization

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—Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT. Return on sales increased from 15.8% (2015) to 17.4%. In the medium-term, we want to generate a double-digit percentage of sales through digital services. billion (an increase of 4%).

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PSA Peugeot Citroën and General Electric sign a European Cooperation Agreement for the co-development of electromobility solutions; BEVs and PHEVs

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PSA Peugeot Citroën and General Electric last week signed a technology and commercial cooperation agreement to collaborate towards establishing reliable business models for Electrical Mobility (EV), which includes both Fixed Battery Electrical Vehicles (FBEV) and Plug-in Hybrid Electric Vehicles (PHEV).

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NOHMs raises $5M for commercializing non-flammable, ionic-liquid containing electrolytes for EV batteries

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NOHMs), a Cornell University spin-out founded in 2010, raised $5 million in Series B venture capital financing to commercialize its non-flammable electric vehicle (EV) battery electrolyte technology. This electrolyte is a drop-in replacement for commercial ionic liquids used in PHEV and EV cells. NOHMs Technologies Inc. V and 4.95

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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

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However, according to a new report from Pike Research, PEV production will fall well short of the government’s ambitious goals of manufacturing 500,000 PEVs a year by 2015. The HEV cars were sold mostly to individual consumers while PHEVs were sold to taxi fleets in Shenzhen and Beijing, as well as to some. BEV/PHEV cars that were.

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Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

Green Car Congress

At the same time, Sommer said in his presentation at the 2015 Electric Drive Congress in Washington DC, continued legislative support is needed to reach the next level of electric vehicle adoption. Federal and state commitment to cleaner fleets by purchasing EVs and PHEVs. Earlier post.) How do we get to mass acceptance of EVs here?

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How Much is a Tesla? Much Less, After These Tax Credits and Rebates

EV Life

We’ll also show you how to take immediate advantage and get the most financing potential out of your tax credits and rebates by pre-qualifying for an EV Climate Loan through EV Life. EV Life eliminates this complicated process and helps you use your tax credits, rebates, and incentives to finance your EV purchase immediately.