article thumbnail

ISU study finds large potential for biobased materials in auto industry, but with challenges

Green Car Congress

A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. Their report, “Biobased Automobile Parts Investigation”, was developed for the USDA Office of Energy Policy and New Uses. —“Biobased Automobile Parts Investigation”.

article thumbnail

Ford doubles EV goal for 2023 and has a new semiconductor partner to help

Teslarati

The auto industry will produce roughly 7.7 million fewer automobiles this year compared to 2020, according to AlixPartners. The shortage will cost the industry around $210 billion in revenue. EV sector could be challenged by General Motors, who has solidified plans to sell at least 1 million EVs by 2025.

Ford 142
article thumbnail

GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 These industry planning volumes are more conservative than those being used by most other industry sources. GM will have a total of 36 nameplates in 2012, down 25% from 2008 levels.

Chrysler 150
article thumbnail

Convincing Consumers To Buy EVs

Cars That Think

Many in the auto industry are warning that realistic BEV range numbers under varying conditions need to be widely published , else risk creating a backlash against EVs in general. King notes, “In the early days of automobiles, drivers and chauffeurs had to monitor and be able to fix their vehicles. They were like engineers.

Buy 80