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All Western European Countries Will Have CO2-Related Car Taxation This Year; European Auto Industry Urges Harmonization of Schemes

Green Car Congress

The number of EU countries with CO2-related car taxation rose to 15 in 2008. In 2008, motor vehicle taxes in the EU 15 added up to €378 billion (US$501 billion) or 4.1%

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IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

Green Car Congress

million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. As long as we have tracked average age, it has gradually risen over time due to the increasing quality of automobiles. Looking ahead, IHS forecasts that average age is likely to hit 11.6

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Hyundai breaks ground for third plant in China; total China capacity of up to 1M units by 2012

Green Car Congress

Hyundai Motor Company has begun construction of a third plant in China to respond to growing demand in the world’s largest automobile market. Beijing Hyundai Motor Company (BHMC), a 50-50 joint venture between Hyundai Motor and Beijing Automotive Industry Holding Co., 28 in Shunyi District, Beijing. million units.

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USABC awards Cobasys $8.4M for the development of high-energy density Li-ion cells and packs for EVs

Green Car Congress

SB LiMotive was established in September 2008 as a joint venture between Bosch and Samsung SDI. The objective of the alliance is to adapt lithium-ion battery technology to the requirements of automobiles, and thus explore the market for hybrid and electric vehicles. Cobasys, with two sites in Orion, Mich.,

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Study Finds That Clean Cars and Climate Policy Can Create Jobs

Green Car Congress

The study offers two main insights on the nature of clean energy jobs in the automobile sector: First, the paper documents that saving oil will directly create good jobs by driving demand for specific additional manufactured components. By 2020, the US job gain relative to 2008 could be as little as 49,000 or more than 150,000.

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Bring Back the EV1 Press Conference

Revenge of the Electric Car

Friday November 14th, 2008 - GM Training Center - Burbank, CA. As you know, today I strongly urge Congress to withhold any bailout funds from the auto industry, unless and until the industry agrees to mass-produce fuel efficiency automobiles; electric cars. Nate Holden. California State Senate, ret.

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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

As required by the loan agreements signed in December 2008, GM and Chrysler submitted their updated restructuring plans showing a pathway to achieve financial viability to Congress on Tuesday. The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6

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