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Current issue of fka/Roland Berger E-mobility Index drops US to 4th place

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Besides an updated comparison of the competitive positions, a focus of this issue is on the market effects of the COVID-19 pandemic and the developments in emissions legislation, especially in Europe. Increased sales volumes in Europe are to a large extent due to the purchase incentives contained in stimulus packages.

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

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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. —Peter Altmaier, Federal Minister for Economic Affairs and Energy.

BMW 221
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Study finds global oil demand likely to grow despite pandemic, climate policies

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Despite relatively aggressive government policies aimed at reducing oil demand, such as within green stimulus packages enacted in several countries during the pandemic, global oil demand may not peak before 2030. There are significant differences in trends between mature and developing countries.

Oil 259
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Valence Considering Building Battery Plant in US or Europe

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is considering building a battery plant in the US or Europe and will look into the possibility of funding from the economic stimulus package proposed by President Barack Obama. Valence is also very focused on the developing hybrid and electric vehicle market in Europe. Statesman.com. Earlier post.]. Earlier post.)

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IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

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Two factors are driving the recovery, notably low automotive inventory that will result in new car growth next year, combined with stimulus packages designed to benefit the ailing car sector while favoring the switch to electric and hybrid cars, which are typically more expensive than equivalent internal combustion-driven models.

2020 170
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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

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Noting the importance of a hydrogen infrastructure with sufficient density, the automakers—Daimler, Ford, GM/Opel, Honda, Hyundai, Kia, Renault Nissan Alliance, and Toyota—in that LoU strongly supported building up a hydrogen infrastructure in Europe, with Germany as regional starting point, among other global starting points. Earlier post.).

Germany 268
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Volvo to Introduce Proprietary Medium-Duty Engine in 2010

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The market for heavy-duty trucks in Europe and North America has plunged about 60% from its peak in 2006. We have not yet seen any signs of our primary markets in Europe or North America recovering, although we may have started seeing indications of trends levelling out. Leif Johansson.

Volvo 150