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

Green Car Congress

While COVID-19 has had a negative impact on vehicle markets around the world, sales of electric vehicles (xEVs) have grown strongly, especially in Europe. Increased sales volumes in Europe are to a large extent due to the purchase incentives contained in stimulus packages. With European penetration rates of up to 20.5

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Zero-Emission Truck (ZET) Coalition calls for government to prioritize investments benefiting ZETs

Green Car Congress

The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.

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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.

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China Car Sales Likely Hit New Record in April

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Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Official figures for vehicle production and sales are scheduled for release next Monday. Sales of China’s Chery, which makes cars with small engine capacities, hit a record high of more than 42,000 units in April.

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Next-generation Lead Acid Battery Company Firefly Energy Shuts Down, Files for Chapter 7

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Firefly co-founder and CEO Ed Williams said that Firefly Energy board decided to cease operations “ after 15 months of unsuccessful attempts to raise $20 million in equity capital, in the midst of this worldwide financial crisis, funds that would have enabled the company’s transition to full production and commercial sales. ”.

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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

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million grant awarded under the federal stimulus package under a 50:50 cost-share program, of which EnerDel plans to spend $60 million in 2010. million, which comprises a state incentive package of $21.3 million and Hancock County package valued at $48.6 The Indiana plant will be financed through a $118.5 Bill Cooke.

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

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This will take place within the framework of the German economic stimulus package (Konjunkturpaket II) and other national and state programs to jointly address standardization and cost reduction issues. In Phase One partners intend to leverage plans to install new hydrogen fuelling stations by 2011. Earlier post.).

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