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

Green Car Congress

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.

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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

Green Car Congress

Startup electric car company Aurica Motors announced a plan to keep the NUMMI plant, which employs 4,700 people, from shutting down when Toyota leaves on 31 March. Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing.

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Valence Considering Building Battery Plant in US or Europe

Green Car Congress

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. On Monday, Tanfield announced a deal with Ford Motor Co. On Monday, Tanfield announced a deal with Ford Motor Co. Earlier post.]. Earlier post.].

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Ford Starts EV Test Drives

Revenge of the Electric Car

“Ford Motor Co. 28 (Bloomberg) — Ford Motor Co. Local utility RheinEnergie AG will supply vehicle-charging stations for the test, which is being financed by the German government’s economic-stimulus package, Dudenhoeffer said. Ford is starting EV trials in Germany. 4 as the U.S. By Chris Reiter. 4 as the U.S.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Policy (Update2) Share | Email | Print | A A A By Alan Ohnsman April 27 (Bloomberg) -- Honda Motor Co. , General Motors Corp., Toyota Motor Corp. and startups Tesla Motors Inc. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars.

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GM: Let's Hash Out Open Plug-In Car Standards

Tony Karrer Delicious EVdriven

Email « Daily Sprout GE Looking to Tap $2 Trillion of Stimulus Spending » Leave a reply Name (required) Email (required, will not be published) Website Notify me of follow-up comments via email. Earth2Tech] Omniture Launches Viral Video Measurement [NewTeeVee] Can New York Save Broadband?

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Coming Soon – The Electric City

Revenge of the Electric Car

Around the same time, General Motors will introduce the Chevrolet Volt, a vehicle able to go 40 miles on electricity before its small gasoline engine kicks in. Tesla Motors, a Silicon Valley company that makes electric cars, says it has already sold 150 of its $109,000 Roadsters in the Bay Area. Sperling said.