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Kia surprisingly tops Hyundai in market value with affordable EVs rolling out

Baua Electric

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia surpasses Hyundai in market value Hyundai, which saved Kia from bankruptcy in 1998, owns around a third of the South Korean automaker. Kia is now South Korea’s fifth most-valued stock at $31 billion (41.3

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Renault-Nissan jointly developing new vehicle program for growth markets; CMF-A for affordability

Green Car Congress

The program, internally named CMF-A, covers the most affordable category of cars in the Common Module Family (CMF, earlier post ), Renault-Nissan’s modular system of vehicle architecture. Production of vehicles within the CMF-A scope will begin in 2015 at the Renault-Nissan Alliance plant in Chennai, India.

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ChargEVC: New Jersey plug-in electric vehicle registration up 79% for MY 2016 vehicles over 2015

Green Car Congress

Registration of model year 2016 plug-in electric vehicles (PEVs) in New Jersey was up 79% over 2015, according to a recent analysis by ChargEVC , a diverse coalition of organizations and companies that support growth of the electric vehicle market. Interest in these cars is growing.

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Eaton to develop affordable home refueling station for natural gas vehicles; liquid piston technology

Green Car Congress

Eaton Corporation will develop an affordable home refueling station for natural gas vehicles, utilizing existing natural gas sources in the home and innovative compressor technology. Eaton expects that its prototype will be available before the end of 2015 with a target production price of $500. The effort is funded in part by a $3.4-million

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UK to invest $841M from 2015-2020 to boost ultra low emission vehicle industry

Green Car Congress

The UK government announced plans to invest £500 million (US$841 million) between 2015 and 2020 to boost the ultra low emission vehicle (ULEV) industry and help drivers both afford and feel confident using electric cars. LowCVP 2014-2015 workplan. Develop markets for low emission technology on trucks, vans, buses.

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Torotrak to acquire remaining 80% of Flybrid for up to £23M; targeting commercial launch of M-KERS in 2015

Green Car Congress

The group intends to exploit what it sees as a market window from 2015 to 2020 in which new technologies are being demanded to achieve new EU CO 2 targets applying to vehicle manufacturers’ overall fleets. In commercial vehicles, Flybrid M-KERS offers affordable hybrid efficiency within a five-year payback period.

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Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

Green Car Congress

since 2015. We’re seeing leading jurisdictions, like California and British Columbia, creating markets for low carbon fuels and technologies like DAC, through effective climate policy. CE has been developing DAC technology since 2009 and capturing CO 2 from the atmosphere at a pilot plant in Squamish, B.C.

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