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GM secures all energy needed to achieve renewable energy goal for 2025; 25 years ahead of target set in 2016

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This is in line with the accelerated target announced in September 2021, which was 5 years ahead of the 2030 target announced in early 2021 and 25 years ahead of the initial target of 2050, set in 2016. In addition, the company plans to eliminate tailpipe emissions from new US light-duty vehicles by 2035.

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IHS Markit: average age of cars and light trucks in US rises to 12.1 years

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New research from IHS Markit shows that the average age of light vehicles in operation (VIO) in the US has risen to 12.1 The ongoing microchip shortage is expected to continue to challenge new vehicle production volumes through the fourth quarter 2021, but rounding out the year, IHS Markit expects US light vehicle sales to reach 16.8

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

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IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4

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California Governor signs legislation requiring the state to purchase zero-emission heavy-duty trucks and buses

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In 2012, Governor Brown’s Executive Order B-16-2012 called for 1.5 million ZEVs to be on the road in California by 2025, as a means of helping the state reach its greenhouse gas (GHG) emissions reduction goals. However, there was no mention of larger, heavier-duty trucks and buses.

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IEA: Electric vehicles posted strong gains in 2016; 2M now in global parc

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With more than 750,000 units sold over the year, the number of electric vehicles in the global parc—primarily Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs)—surpassed 2 million units in 2016, following a year of strong growth in 2015, according to the International Energy Agency’s Global EV Outlook 2017.

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EIA projects light-duty vehicle energy use to drop 12% by 2025

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The US Energy Information Administration’s (EIA) Annual Energy Outlook 2017 (AEO2017) Reference case projects a decline in light-duty vehicle energy use between 2018 and 2040 as improvements in fuel economy more than offset increases in light-duty vehicle (LDV) miles. Light-duty vehicle-miles traveled in the US set a record at 2.84

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Green light for alliance between Volkswagen Truck & Bus and Navistar; Volkswagen acquires 16.6% for $256M

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The purchase price is US$256 million and takes the form of a capital increase. In 2016, the brands of Volkswagen Truck & Bus sold a total of 184,000 vehicles. Its product range includes light commercial vehicles, trucks and buses that are manufactured at 25 sites in 17 countries. in Navistar paying US$15.76

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