Remove Auto Remove Products Remove Stimulus Remove Stimulus Package
article thumbnail

China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

New Delhi: China is expected to amplify its stimulus efforts next year, potentially boosting demand for metals, with copper consumption forecasted to rise, the Commodity Outlook Report 2024 by ICICIDirect said in a report.

article thumbnail

Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Crude steel production in China also increased 6 per cent to 261.6 Hot-rolled thin steel plate is essential for the production of building components and industrial machinery, serving as the benchmark for steel prices in China. Prices for nonferrous metals and chemical products are also sinking. per cent, 1.3

Chinese 40
article thumbnail

Ricardo responds to electric drive stimulus package

Green Cars News

“Measures aimed at spurring innovations that will increase the electrification of road transportation, such as those announced today, are to be welcomed as extremely good news for the auto industry as well as for society. .

article thumbnail

China Car Sales Likely Hit New Record in April

Green Car Congress

Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Official figures for vehicle production and sales are scheduled for release next Monday. People’s Daily. million units, according to estimates from the China Association of Automobile Manufacturers (CAAM).

article thumbnail

GM: Let's Hash Out Open Plug-In Car Standards

Tony Karrer Delicious EVdriven

The auto industry is now gearing up to hash out those standards at the SAE conference in Detroit next week — and GM has a major stake in getting them out swiftly. According to GM, the updated standard can be expected by the end of the summer — just in time, perhaps, for the first production prototypes of the Chevy Volt.

Plug-in 39
article thumbnail

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

policy shifts to favor battery-powered autos. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Honda, the world’s largest engine maker, set a goal ofleading the industry in hydrogen fuel cell autos. millionthis year from $211.9

Obama 53
article thumbnail

Smart Meters and Electric Cars

Revenge of the Electric Car

Automakers unveiled more than a dozen production-ready, plug-in electric and hybrid electric vehicles at the Detroit auto show earlier this month, many of which will be on dealership lots between 2010 and 2012. So instead, Edison and auto manufacturers are turning to “smart metering&# technologies.