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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. 2012 Chinese Auto Industry Development Report. By 2020, average passenger car fuel consumption is to drop to 5.0

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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

This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. Energy storage technologies represent an alternative to traditional grid management using generation assets such as natural gas peakers to balance the grid by adding power to it. Earlier post.).

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

VW, Daimler subsidiary Daug and Varta developed a NimH battery in the early 90s, and the VW group put the Audi duo hybrid on the road in 1997. However, Winterkorn said, VW, and the German auto industry in general, abandoned the early advantage and work in electromobility. in pure electric vehicles in 2020.

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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the auto industry over the next decade. By 2030, the company said approximately half its global sales will be battery cars. Stages in Electrification.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

That has to be looked at." ( Reuters ) 3/28/07 "Batteries are not yet an economic or efficient way of storing power.we still need to achieve considerably better battery performance before plug-ins become a truly viable proposition. Batteries powerful enough to achieve that would fill up the trunk of a car, he said.

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