Remove 2012 Remove Automobile Industry Remove Cost Of Remove Financing
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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies. 2012 Chinese Auto Industry Development Report. Experts urged greater efforts on China’s part to boost development of the new energy vehicle industry.

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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However, the financial cost of the shift is causing concern. High electricity rates are burdening private households and industry alike and threatening Germany’s competitiveness, the company noted. For private households, electricity rates were nearly 40% higher than the European Union average in 2012; for industrial facilities, 20%.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

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It is simply the cost of doing business. "On some products, the costs, particularly in advanced technologies, are high," he said in a lengthy interview with Automotive News (free subscription required). It will appear in Europe next year as the Opel Ampera and in Australia as the Holden Volt in 2012. Never again.

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