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Navigant: sales of light duty vehicles to total more than 2.1 billion from 2015 to 2035

Green Car Congress

Navigant forecasts global annual LDV sales to grow from 88.8 Navigant expects the vast majority of growth in the LDV market over the forecast period to come from developing countries in Asia Pacific, specifically China and India. million vehicles in 2015 to 122.6 million in 2035.

2015 150
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CNHTC acquiring 34% of UQM stock; forming new JV for electric propulsion systems in China

Green Car Congress

UQM Technologies has entered into a definitive stock purchase agreement with China National Heavy Duty Truck Group Co., The purchase price is $0.95 After the closing of the Agreement, UQM and CNHTC intend to form a joint venture for the manufacture and sales of electric propulsion systems in China. million in cash to UQM.

China 150
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Volvo Group to acquires 45% of Dongfeng Commercial Vehicles for $900M; Volvo to become world’s largest manufacturer of heavy-duty trucks

Green Car Congress

China is the world’s largest truck market. The purchase price is RMB 5.6 Volvo’s transaction with DFG follows an agreement between DFG and Nissan Motors, in which DFG purchased the medium- and heavy-duty commercial vehicle operation from the joint venture DFL (owned jointly by DFG and Nissan Motors). Click to enlarge.

Volvo 294
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Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI

Green Car Congress

As part of the transaction, Volkswagen also will purchase Argo AI shares from Ford for $500 million over three years. Ford and Volkswagen remain on track in their previously announced plan to improve their respective strengths in commercial vans and medium pickups in key global markets. Volkswagen will invest $2.6

Ford 262
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Singapore introducing stiff new feebate scheme for low carbon cars

Green Car Congress

The scheme will be reviewed, taking into consideration its impact on motorists’ purchasing decision, technological advances and the progress in Singapore’s overall mitigation efforts on climate change. However if these models fall within the surcharge bands, the appropriate CEV surcharge will still apply.

Singapore 277
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The Day the U.S. TV Industry Died

Cars That Think

Driven finally into unprofitability in its traditional market by ever stiffer competition from abroad, harmed rather than helped by a decade of economizing cutbacks in research and development, Zenith Electronics Corp.—the The TV era ends The television market was quite different back in 1960. In 1995, LG purchased a majority share.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

The report, Plug-In Electric Vehicles: A Practical Plan for Progress , examines public policies toward PEVs, taking into account the promise and limitations of PEVs, recent improvements in battery technology, market dynamics, and the proliferation of policies around the world that promote the use of PEVs. Market Drivers.

Plug-in 218