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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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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. As the country ramps up its economic stimulus, imports of unwrought copper, copper products, and ores are projected to increase in anticipation of higher demand.

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

Green Car Congress

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. The combination of alternative vehicles and fuels as well as efficiency improvements tend to offset the increases in VMT.

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Bright Automotive Applies for $35M in Stimulus Package Grants to Accelerate Production of PHEV

Green Car Congress

The IDEA is a multi-purpose, plug-in hybrid electric vehicle in the light truck classification aimed at commercial and government fleets. The company continues to work with the Department of Energy in support of its application.

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

Green Car Congress

In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers. At the time of its founding, the consortium includes BASF, BMW Group, Boehringer Ingelheim, Bosch, Infineon, Merck, Munich Re, SAP, Siemens, and Volkswagen.

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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

IHS Markit continues to anticipate robust growth in 2021 reflecting improved demand and production conditions and especially a further uptake in electric vehicles, one factor which has helped to boost the semiconductor market in 2020. In some parts of Europe, for example, the government is only providing incentives for electrified vehicles.

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