article thumbnail

EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. of around 16% of GDP to as much as 20% by 2020.

article thumbnail

China to allow extended sales periods for ICE models based on existing emissions standard, report says

CN EV Post

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. The standard is being implemented in two phases, with the 6a standard already taking effect on July 1, 2020, and the 6b standard coming into effect on July 1, 2023.

Standards 111
article thumbnail

Mercedes-Benz to become equal shareholder in Automotive Cells Company (ACC) with Stellantis and TotalEnergies

Green Car Congress

On top of that we can help to ensure that Europe remains at the heart of the auto industry even in an electric era. With Mercedes-Benz as a new partner, ACC aims to more than double capacity at its European sites to support Europe’s industrial competitiveness in the design and manufacturing of battery cells.

Mercedes 221
article thumbnail

What V2G Tells Us About EVs and the Grid

Cars That Think

There, sales of EVs as part of the overall automobile market rose from 10 percent in 2020 to 17 percent in 2021, with 2.3 He documents how engineers Wally Rippel , Alan Cocconi, and Paul Carosa founded AC Propulsion in the early 1990s and produced a two-seater sports car called the Tzero, which featured bidirectional charging capability.

Grid 97
article thumbnail

Rivian IPO: What you need to know

Teslarati

Rivian posted a net loss of $994 million from January to June 2021, more than double the $377 million net loss it posted for the first half of 2020. In comparison, its R&D cost for 2020 stood at $766 million. Rivian’s R&D expenses are also on the rise, with the company spending $683 million in Q1 and Q2 2021.

article thumbnail

U.S. Regulator Proposes Updated Rules for Autonomous Vehicles in Exchange for Data

The Truth About Cars

The department allegedly even had training documents stating that autonomous vehicles collected a wealth of useful surveillance information that had been used in the past to help with investigations. A decade ago, automakers were promising to launch commercially viable autonomous vehicles by 2020.

article thumbnail

Study Finds That Clean Cars and Climate Policy Can Create Jobs

Green Car Congress

The study offers two main insights on the nature of clean energy jobs in the automobile sector: First, the paper documents that saving oil will directly create good jobs by driving demand for specific additional manufactured components. By 2020, the US job gain relative to 2008 could be as little as 49,000 or more than 150,000.

Clean 186