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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

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Biden rumored to announce quadrupling of tariffs on Chinese EVs, up to 100%

Baua Electric

The US government is reportedly set to announce wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%. Photo is licensed under CC-CC0 1.0

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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

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. Developing the industrial system. L/100km (40 mpg US) or less.

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Chinese language EV makers pin hopes on Europe’s auto sellers

Baua Electric

Tesla’s good fortune Now, the {industry}’s paradigm shift to EVs is developing unheard of alternative for newbies. Tesla’s good fortune has proven that buyers are clear to outsiders, although it’s vague whether or not Chinese language manufacturers will be capable of fit the promoting draw of Elon Musk.

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Hyundai seeks to restore market share in China with new EV brand

Teslarati

—a 50-50 joint venture between Hyundai Motor and BAIC—announced a new project to develop an electric vehicle brand exclusive to the Chinese market. The company’s latest plans seem to be part of its plan to launch five new EV models in China over the next three years. Tesla China accounted for 22.5%

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European battery maker ACC partners with Circulor to map supply chain, carbon emissions – ET Auto

Baua Electric

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. Circulor is also part of the battery passport project.

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China, Two Chinese Firms to Buy Delphis Brakes and Suspension Businesses

Green Car Congress

Two Chinese companies and the Chinese government have signed a deal to acquire Delphi Corp.’s s remaining brakes and suspension businesses—the most high-profile acquisition yet by the Chinese in the US auto industry. The Delphi businesses will be owned by a new Chinese company called Beijing West Industries Co.

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