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CPCA expects China Apr NEV retail sales to fall 8.4% from Mar to about 500,000 units

CN EV Post

percent from March, according to estimates released today by the China Passenger Car Association (CPCA). Survey shows that car companies, which contribute about 80 percent of passenger car sales, are targeting slightly lower retail sales in April than in March, the CPCA said. million units, up 49.8 million units, up 49.8

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Japan ends subsidy program for green car purchases

Green Car Congress

Japan has decided to end a government subsidy program to encourage purchases of environmentally friendly cars as funds dwindle. According to the Ministry of Economy, Trade and Industry, the government only has ¥2.5 The subsidy was supposed to be eligible for vehicles registered as new cars between Dec. billion (US$3.5

Japan 247
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Consortium Seeks Stimulus Funding for DME-Electric Hybrid Buses

Green Car Congress

A consortium is seeking US stimulus funding available through the Federal Transit Administration’s (FTA) Transit Investments for Greenhouse Gas and Energy Reduction (TIGGER) program to convert 20 hybrid diesel-electric buses to hybrid dimethyl-ether (DME)-electric propulsion. a developer of fuel injection equipment for DME-fueled vehicles.

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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. Crude steel production in China also increased 6 per cent to 261.6 million tonne, according to Nikkei Asia.

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Report: New China Policies to Favor, Boost Domestic EVs

Green Car Congress

According to the plan, electric cars that qualify for subsidies are those that have received government’s production license and are assembled in China, regardless of whether made by domestic or joint-venture firms. Other technical options include hybrid, fuel cells and hydrogen fuel new energy vehicles.

China 199
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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 Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry. People’s Daily. Official figures for vehicle production and sales are scheduled for release next Monday.

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry. considered getting into the chip-stimulus game as well. The auto industry is a relatively small chip end-user, but it’s growing fast.