article thumbnail

Experian: US hybrid vehicle market share grew by 41% in 2012 to 3.1%

Green Car Congress

Experian Automotive released findings from an analysis of the US hybrid vehicle segment showing that market share of hybrid vehicles has increased by 40.9% The study also showed that the average amount financed on a hybrid vehicle was $25,807 and the average monthly payment was $461. of all vehicles financed were hybrids, up from 2.3%

2012 253
article thumbnail

EIA: As of 2021, China imports more LNG than any other country

Green Car Congress

Source: Graph by the US Energy Information Administration, based on data from Japan’s Ministry of Finance, China’s General Administration of Customs, South Korea’s Customs Institute, India’s Directorate General of Commercial Intelligence and Statistics, and Taiwan’s Ministry of Finance via Global Trade Tracker. Bcf/d in 2021.

China 273
article thumbnail

Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

Earlier this year, BAIC was ranked second on KPMG’s Global Auto Executive Survey 2013, a ranking of the top automotive companies that are expected to gain market share in the future. BMBS); Mercedes-Benz Auto Finance Ltd. China Market Background Vehicle Manufacturers' Daimler in China. MBAFC) and Mercedes-Benz Leasing Co.

Chinese 259
article thumbnail

Government of Québec unveils $2.7B climate change action plan; 63% of spending targeting transport

Green Car Congress

The PACC 2020 is self-financed from the carbon market and the extension until 2014 of the fuel levy and fossil fuels. This action plan follows the one launched in 2006 which will expire this year. The action plan and strategy adaptation represent a total investment of nearly C$2.7 billion (US$2.6 Almost 63% (C$1.7

article thumbnail

Daimler to take 12% stake in BAIC Motor

Green Car Congress

It is also significant so that both companies can actively participate in the opportunities of the Chinese automotive market. Joint activities between Daimler and BAIC include BBAC, which has been producing Mercedes-Benz passenger cars since 2006; Beijing Foton Daimler Automotive Co., the joint ventures Beijing Benz Automotive Co.,

Motor 247
article thumbnail

London adds 300th hybrid bus introduced to fleet

Green Car Congress

This grant was initially set to finance 70 buses, but Transport for London has managed, through good negotiation and increased market confidence in hybrid buses, to increase this order so that, in total, more than 400 of these less polluting vehicles will be in service by next year. Hybrid technology was first trialled by TfL in 2006.

London 250
article thumbnail

Australian thermal coal mine aims for Q4 restart on supply deal – ET Auto

Baua Electric

The miner has been restructuring its operations and looking for finance as it readies to produce 3 million tonnes per year of coal from its mine in the Hunter Valley which has been closed since 2006. In March it had said it expected to restart in the second half of 2023.

Coal 40