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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

Companies that can financially sustain themselves through the EV ramp will succeed in the long run, assuming that they have the technology and auto industry credibility. “In the near-term, we expect to see some consolidation in the battery industry, with a few leaders taking the lead. widespread adoption take hold.

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More states follow California’s clean car standards

Green Cars News

The decision follows President Obama’s landmark agreement to adopt federal emission standards for the model years 2012-2016. From 2012 onwards, the new national standards would be deemed to reflect the state standards and the auto industry would dismiss its legal challenges.

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Volkswagen Group launching major electro-mobility campaign in China; $25B on new vehicles, technologies and plants up to 2018

Green Car Congress

Starting in 2016, this will be followed by two models developed specially for the Chinese market: These are the Audi A6 ( earlier post ) and a new mid-size limousine from the Volkswagen brand, both plug-in hybrids which are being developed together with the joint venture partners FAW Volkswagen and Shanghai Volkswagen and will be produced locally.

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