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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. 2012 Chinese Auto Industry Development Report.

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Hyundai surpassed Volkswagen Group’s operating profit

Teslarati

The South Korean automaker attributes its success to diverse offerings, including electric vehicles, plug-in hybrids, and gas-powered cars. As of the first quarter, Hyundai has the second-highest operating profit in the global automotive industry. In Q1 2024, Hyundai Motor Group reported an operating profit of $5.09

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CATARC and UC Davis establish China-US ZEV Policy Lab to accelerate adoption of plug-in and fuel cell cars in US and in China

Green Car Congress

The University of California, Davis, and the China Automotive Technology and Research Center (CATARC) have entered a new agreement to work together to help speed the commercialization of plug-in and fuel cell electric cars in China. The collaboration is intended to help expand the global market for zero-emission vehicles (ZEVs).

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Dealers Finally Have EV Inventory But Now Lack Buyers

The Truth About Cars

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

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GM: Putting 1M Plug-ins on the Road Will Require a Plug-In Ecosystem

Green Car Congress

GM’s Britta Gross, Director of Electric Vehicle Infrastructure Commercialization will participate in a webchat tomorrow to field questions about the development of the plug-in ecosystem. GM is focused on the first two pillars: leading plug-in technology vehicles and the enabling technologies. Date: Friday, 3 April. Source: EPRI.

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Waxman/Markey Bill Accelerates Infrastructure and Build-out for Plug-Ins, Calls for Harmonization of Motor Vehicle GHG Standards; 3% of Emissions Allowances for Cap-and-Trade Go to Auto Industry

Green Car Congress

2454 , The American Clean Energy and Security Act—which establishes a cap-and-trade program also contains a number of provisions for accelerating the deployment of a vehicle charging infrastructure and the manufacturing of plug-in electric drive vehicles. Electric Vehicle Infrastructure.

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Tesla sees over 1400% rise in UK vehicle registrations in April

Teslarati

Recent data from the UK that’s released by the Society of Motor Manufacturers and Traders (SMMT) indicates that electric vehicle maker Tesla saw a massive surge in new car registrations last month. The Model Y’s momentum likely helped drive the UK’s electric vehicle sector forward.

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