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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

The magnitude of gasoline demand decline will be much greater than the impact of the 2008 recession and could be further protracted depending on how effective social distancing measures are at controlling the spread of the COVID-19 virus. during the global recession in 2008/2009. Europe autos demand for 2020 is set at 15.6

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Under US pressure, Mexico refuses to offer incentives for Chinese EV makers – Charged EVs

Baua Electric

After decades of trumpeting “free trade,” and watching industry after industry decamp to China, the US government has apparently decided to draw a red line in front of the auto industry, and protectionism is back in style. Since the 2008 advent of the Tesla Roadster (or since the 1996 debut of GM’s EV1?)

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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% The car industry advocates a linear system, in which tax levels are directly proportionate to the car’s CO2 emissions and every gram of CO 2 is taxed the same.

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European Parliament Adopts Resolution Calling for Measures to Support Job Creation in the Auto Industry and Green Technologies

Green Car Congress

The European automotive industry is key to the EU economy, employing 12 million workers directly and indirectly—6% of the employed population in the European Union. The industry has been badly hit by the global economic crisis, and has seen a significant drop in demand during the last quarter of 2008 and the first of 2009.

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Republicans introduce bill that would hand US EV lead to China

Baua Electric

These credits were an extension and expansion of the $7,500 EV tax credit first introduced in 2008. Barrasso’s bill would do exactly that – make Chinese EVs more competitive, and the US auto industry less so. FTC: We use income earning auto affiliate links.

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. Overall, Ener1 reported 2008 revenues of $6.8 million in 2007.

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Think Planning US Factory; Initial Production in 2010

Green Car Congress

The US is quickly overtaking Europe as an attractive market for EVs and is an ideal location to engineer and build EVs. NK city in 2008. Plans ultimately call for up to 900 employees and a capacity of 60,000 electric vehicles per year. Think launched the TH!NK 16,000 units/year).

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