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Will US auto industry simply succumb to China over electric cars?

Green Car Reports

auto industry was the world's largest. That ended in 2009, when China's sales of 13.5 million new vehicles—against more than 30 million sales in China. For a century, the U.S. million new vehicles surpassed a recession-slammed U.S. total of 10.4 Last year, U.S. drivers bought 17.5 in electric-car.

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Lucintel forecasts global automotive sensors industry to reach approximately $18.8B in 2017; 9.3% CAGR

Green Car Congress

Lucintel, a mass transportation consulting and market research firm, forecasts that the global automotive sensors industry will reach approximately $18.8 The global automotive sensor industry is characterized by increasing electronic content in vehicles, shaping optimistic growth trends for 2012-2017 for power train and safety sensors.

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Lotus Plans 20M Investment in New Products in 2009/10

Green Car Congress

Lotus has earmarked £20 million (US$33 million) for product investment in 2009/10, in addition to the £28 million (US$46 million) already invested in 2008/09. Planned sales volumes of the Lotus Evora for FY 2009/10 are in excess of 1200 with the production rate reaching 10 cars per day by the end of November 2009.

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S&P Global Mobility: average age of light vehicles in US hits record high 12.5 years

Green Car Congress

The growth is in line with the firm's prediction from last year that constrained new vehicle sales would continue to impact and put upward pressure on the average age. The combined effect caused retail and fleet sales of new light vehicles in the US to drop 8% from 2021’s 14.6 million units to 13.9

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Vision Marine Technologies partners with Octillion to develop proprietary high-density batteries for electric powertrain system

Green Car Congress

Octillion has been designing and building lithium-ion battery systems for electric cars, trucks and buses since 2009. There is currently a two-year delivery backlog of performance batteries in the boating industry. The agreement with Vision Marine symbolizes the first marine industry partnership for Octillion.

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Chevrolet sets first-half global sales record with 2.35M units; 14% growth

Green Car Congress

In addition, Chevrolet set record first-half sales in many countries, including Argentina, Brazil, Chile, China, Colombia, Denmark, Ecuador, France, South Africa, and Turkey. For the first half of 2011, Chevrolet recorded sales gains in all of its top five markets, including: The United States, up 16%; Brazil, up 0.4% Click to enlarge.

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Iogen More Than Doubled Cellulosic Ethanol Production in 2009, Passes 1M Liter Mark

Green Car Congress

Iogen Corporation announced that its cellulosic ethanol production in 2009 topped 581,000 liters (153,000 gallons US), more than doubling the firm’s 2008 fuel production, and surpassing the one million liter (264,000 gallons US) mark in cumulative production since 2004. This achievement is second to none.

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