article thumbnail

Daimler and Bosch jointly premiere Automated Valet Parking in China

Green Car Congress

Automated Valet Parking, to the extent legally allowed where used, enables vehicles to proceed to an assigned space and for the user to retrieve the vehicle via their smartphone. Daimler’s China R&D efforts began in 2005 with the first localized Mercedes-Benz E Class. strategy.

China 285
article thumbnail

Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

Green Car Congress

The proposal was drafted as two measures, the Climate Protection Act —which sets the carbon price and finance programs for sustainable technologies—and the Sustainable Energy Act —which ends federal support for fossil fuel companies and research and extends tax incentives for renewables. per year over a 10-year period.

article thumbnail

Credit Card Swipe Fees Are Going Down. Are Points Going With Them?

Baua Electric

On Tuesday, the largest credit card companies in the United States reached an agreement with merchants to reduce the so-called swipe fees retailers pay for accepting credit card payments, potentially saving the retailers $30 billion. The legal actions that led to the new credit card agreement date back to 2005.

article thumbnail

Volkswagen Group expands presence in Russia with agreements with GAZ

Green Car Congress

Additionally, Volkswagen Truck & Bus signed a letter of intent with GAZ Group which will enable the companies to identify the possibilities for a long-term strategic partnership. As a next step after the signing of the letter of intent, the companies will examine possible projects. engines from the Salzgitter plant in Germany.

Russia 186
article thumbnail

Evonik introduces Bio-MTBE fuel component

Green Car Congress

Specialty chemical company Evonik has introduced a bio-derived version of methyl tertiary-butyl ether (MTBE), an oxygenate that improves gasoline combustion, helps prevent engine knocking and decreases carbon monoxide and other emissions from vehicles.

Fuel 240
article thumbnail

Former EPA exec Margo Oge explains the new federal emissions rules

Charged EVs

First of all, President Biden has made a commitment to reduce greenhouse gas emissions by 55% in 2030 from the 2005 level. I think having a regulatory requirement for 2026 around 17% will help the car companies to make that jump to 2030. The third reason is that the car companies are making all kinds of commitments.

EPA 102
article thumbnail

Google’s technology campaign for autonomous driving

Green Car Congress

Google is involved because the company has a strong technical legacy and the company likes to take on problems where the “ solutions have a high impact on humanity that involve challenging technical problems ”. Google believes that a future state with having computers drive cars can “ remove a gigantic chunk ” of the US fatalities.

Google 284