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Volkswagen Group to invest more than €62 billion up to 2016; largest-yet investment package for new models, advanced technologies and production facilities

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The ratio of capital expenditure to sales revenue will be at a competitive level of around 6% on average in the period from 2012 to 2016. Besides investments in property, plant and equipment, the total amount also includes additions to capitalized development costs of €11.6 The Volkswagen Group will invest around €62.4 billion (US$85.4

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Colorado releases plan to support EVs on state’s highways, accelerate EV adoption

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Colorado currently ranks 8 th in the US for highest EV market share, according to the ZEV Sales Dashboard published by the Alliance of Automobile Manufacturers. Over the first eight months of 2017, sales of such vehicles were up 73% over the same period in 2016.

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The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

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According to the Society of Indian Automobile Manufacturers, domestic two-wheeler sales in 2021-22 were 1,34,66,412 units, three-wheeler sales were 2,60,995 units, and overall vehicle sales across categories were 1,75,13,596 units (SIAM). As a result, the overall cost of ownership of an EV is already lower.

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European Parliament votes to introduce CO2 limits in EU for new vans and light commercial goods vehicles; initial target of 175 g/km

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Under the terms of an agreed phase-in, the average emissions of 70% of a manufacturer’s fleet must meet an initial target of 175 g CO 2 limit in 2014; 75% in 2015; 80% in 2016; and the average of all its vehicles by 2017. in 2016 and 1.5 The legislation also sets a limit of 147g CO 2 /km to be achieved by 2020.

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US House Members Introduce Bipartisan Disapproval Resolution to Block EPA Regulation of GHG; Mirrors Murkowski Resolution

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The resulting set of new standards will cover model years 2012-2016, and will require an average fuel economy standard of 35.5 mpg in 2016 (39 mpg for cars, 30 mpg for trucks), or approximately 250 grams CO 2 /mile.

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EC proposes 95 grams CO2/km target for new cars by 2020, 147 grams for light vans; super credits for cars below 35g

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By way of trans-Atlantic comparison, 95 g/km is equivalent to 152 g/mile; the current US Environmental Protection Agency (EPA) greenhouse gas emissions standard (part of the joint national standard with NHSTA) calls for 250 g/mile in MY 2016. the purchase price and costs of ownership for the first owner are still currently too high.

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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mpg by 2016. As private companies, automobile manufacturers look for the lowest cost means of getting from A to B and the premiums that they can charge for getting from A to B faster. Power plant capital costs. Even ruling Hawaii out as an outlier, the cost of electricity in Connecticut was 17.79

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