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Ansys releases pre-lockdown global survey on vehicle electrification

Green Car Congress

Before the COVID-19 pandemic lockdowns, engineering simulation software company Ansys commissioned a global survey of 16,037 adults resulting in some insights about consumer attitudes toward vehicle electrification. US respondents are most likely to buy an EV if the government offers a federal/state tax credit.

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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. With the $7,500 EV tax credit, the EV starts at under $40,000.

BYD 52
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Efforts to decarbonize steel production are central to the net-zero aspirations of China, Japan, Korea and the European Union. The Chinese steel industry intends to focus first on increasing recycling and energy efficiency before adopting early-stage technologies like hydrogen and carbon capture.

Hydrogen 221
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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. ” The team suggests that this may be the last extension for the credit.

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Battelle-R&D Magazine forecast predicts 5.2% growth in 2012 global R&D spending to $1.4+T, largely driven by Asian economies; US companies and tech providers to boost energy R&D spending by 23.1% to $6.7B

Green Car Congress

Global R&D spending 2011. Source: 2012 Global R&D Funding Forecast. The Battelle-R&D Magazine annual Global R&D Funding Forecast concludes that global research and development (R&D) spending will grow by about 5.2% Elsewhere in the world, growth remains strong and stable in the aftermath of the global recession.

2012 277
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EV tax credit supply chain rules ease, but China restrictions remain

Baua Electric

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.

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The EV Transition Explained: Local Policies Shape Global Competition

Cars That Think

This is to try to meet the Paris Agreement of limiting global warming to 1.5 This sets out US government policy objectives not only to decrease greenhouse gasses, but to be the global EV industrial leader. China, the European Union, Japan as well as the UK and South Korea all have announced the same intention. Like the U.S.,

Global 129