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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

2012 Chinese Auto Industry Development Report. The fifth annual report on China’s auto industry—2012 Chinese Auto Industry Development Report—says that the next 20-30 years will be a “critical period” that will see the formation of a global new-energy vehicle industry.

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The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

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Kant stated that the transition to electric mobility is gaining traction as the cost of batteries, which contribute 40 to 45% of the cost of an electric vehicle, continues to plummet. When that occurs, the initial cost of purchasing an EV without a FAME subsidy will be less than that of an equivalent internal combustion engine vehicle.

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India could be the largest electric vehicle market by 2030, says Piyush Goyal | Autocar Professional

Baua Electric

There is also a production-linked incentive scheme for advanced chemistry cell manufacturing, which is expected to reduce the cost of batteries.

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Obama Outlines Next Steps for GM and Chrysler

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In his short address, the President confirmed details that had emerged over the weekend about the next steps for the two auto makers. In other efforts to support the struggling auto industry, the President said that: The government will back the warranties on vehicles from GM and Chrysler. Earlier post.).

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UKH2Mobility interim report finds potential for 1.6M hydrogen-powered vehicles on UK roads by 2030, with annual sales of 300K units

Green Car Congress

Opportunities for the UK to take a leading role in low carbon technologies will be looked at as part of our auto industrial strategy, published later this year. This model indicates that, once refueling options are available, the initial uptake will be limited by the cost of buying the vehicles. The key findings are: Consumer.

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Hatchbacks not giving up territorial rights so easily | Autocar Professional

Baua Electric

To make matters worse, even vehicle finance rates are at their peak at 9.5%. Also, the availability of financing options means more people can afford to buy a used car,” he explained. According to Srivatsa, the increase in the used-cars market is a great growth indicator for the industry. lakh to Rs 8.2

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8-state alliance releases action plan to put 3.3M ZEVs on their roads by 2025

Green Car Congress

Since the MOU signing, state regulators, the auto industry and infrastructure developers and other stakeholders have shared information and best practices to help move this effort forward. Assessment of creative vehicle financing innovations. Provide consumer incentives to enhance the ZEV ownership experience.

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