article thumbnail

BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

Green Car Congress

This is intended to create the basis for a successful industrialisation of quantum computing in Germany and Europe. In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers. QUTAC’s vision is to drive such a quantum computing ecosystem.

BMW 221
article thumbnail

Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. Other findings include: COVID could drive a structural downshift in oil demand, even if economic growth in the short term brings about a recovery in oil use.

Oil 259
article thumbnail

Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

Green Car Congress

The H2 Mobility launch comes one day after leading automakers signed a Letter of Understanding regarding the commercialization and series production of fuel cell electric vehicles from 2015 onward. Tags: Europe Fuel Cells Hydrogen Infrastructure. Earlier post.). Hans-Peter Villis, CEO EnBW Energie Baden-Württemberg AG. Earlier post.)

Germany 268
article thumbnail

Ford Starts EV Test Drives

Revenge of the Electric Car

Bernd Meier, a spokesman for Ford in Cologne, said the study is the automaker’s first in mainland Europe. The Dearborn-based company has a target of rolling out an electric-powered version of the Transit Connect commercial van next year, followed by an electric Focus in 2011. Ford, the first U.S.

Ford 173
article thumbnail

Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

Last year people were able to get unleveraged tax equity financing to monetize the production tax credits at yields to the tax investor of 6-7%; this year tax equity investors are seeking yields ranging from 10-15% for leveraged tax equity transactions utilizing the investment tax credit that is now available under the Stimulus Bill.

article thumbnail

2020 Top 10 Countries in the Global EV Revolution

EV Sales

If you want to drown in EV numbers and analyses from around the globe, do subscribe to Jose’s new commercial endeavor EV Volumes (and no, I’m not getting a cut). Europe has an unprecedented 8 out of our Top 10 spots. Basically EVs are happening in Northwest Europe, and far far less elsewhere. in 2019 to 4% in 2020.

2020 52