Remove Cars Remove Chinese Remove International Remove Stimulus
article thumbnail

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

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Compounding this are worries that Chinese producers with excess supply will ramp up exports, depressing prices globally.

Chinese 40
article thumbnail

China Forecast to Produce 12M Vehicles This year

Green Car Congress

Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the NDRC. In January, China cut the purchase tax on passenger cars to 5% for models with engine displacements of less than 1.6

China 218
article thumbnail

Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

Green Car Congress

The systems will be based on Boston-Power’s second-generation Swing 5300 cells, said Dr. Christina Lampe-Önnerud, Boston-Power’s Founder and International Chairman. The Chinese government is putting incentives in place to have the market grow. I think Boston-Power has a chance to be one of the players that enable that dream.

Boston 265
article thumbnail

ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

Green Car Congress

have entered a commercial agreement to produce electric sport utility vehicles (SUVs), cars and other electric vehicles in China for domestic and global distribution. ZAP hopes to leverage a stimulus from the government for plug-in forms of transportation.

China 186
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. The car came straight to Omaha from the Detroit auto show.

BYD 62
article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Supporters of the car say that’s shortsighted. Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. and Chrysler. .’s

Volt 42
article thumbnail

Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Subscribe Green News Events Manufacturers Region New Cars Used Cars Filed under: EV/Plug-in , Chrysler Chrysler unveils new electric minivan for the US Postal Service by Sam Abuelsamid on Apr 22nd 2009 at 10:05AM Chrysler U.S. Apr 22, 2009 - Chrysler invented the minivan 25 years ago. Postal Service for mail delivery.

Minivan 46