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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

However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies. 2012 Chinese Auto Industry Development Report. Experts urged greater efforts on China’s part to boost development of the new energy vehicle industry.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

General Motors Chevy Volt series PHEV, which it calls "extended range electric vehicle" (EREV), part of "E-Flex" multi-fuel platform. Volvo Ford-owned company exploring PHEVs "ReCharge" flex-fuel series 60-mile concept PHEV w/wheel motors. BYD also developed the motors and software for the system.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

" In other words, General Motors is going to lose its shirt until the Volt establishes itself in the marketplace. General Motors has sought $10.3 billion in Department of Energy loans to develop new fuel-efficient vehicles, including the Volt. Wired Home Subscribe Sections Cars 2.0 "The Volt is a case study.

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