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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

Chinese 52
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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

Green Car Congress

The central government’s plan, posted on its website, is targeting the production of 500,000 plug-in hybrid and electric vehicles by 2015, with output to grow to 2 million units of those types by 2020. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan.

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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. of the total.

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Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. Volkswagen had just around 145,000 sales. Credit: Bloomberg Volkswagen hasn’t exactly had a smooth introduction to BEVs.

BYD 92
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Nikkei Editorial Urges Japan to Match US, China EV Moves

Green Car Congress

At the end of 2009, Beijing announced a target of increasing the share of electric cars in overall domestic production to 10% in 2015. Japanese carmakers need to respond to China’s moves by developing electric vehicles that can compete favorably with rival Chinese offerings in this crucial market.

Japan 218
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Renewable-methanol fueled Geely cars in fleet testing in Iceland; 70% reduction in WTW CO2 compared to gasoline

Green Car Congress

million investment in 2015) in Carbon Recycling International ( CRI ), an Icelandic company which produces renewable methanol using recycled CO 2 emissions sourced from a local thermal power plant and hydrogen made by splitting water with electrolysis (Power-to-Methanol). Geely is a shareholder ($45.5-million Earlier post.).

Iceland 170
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Baidu opening up its autonomous driving platform; leveraging AI capabilities

Green Car Congress

Baidu, the leading Chinese language Internet search provider, announced a new project—named “Apollo”—intended provide an open, complete and reliable software platform for its partners in the automotive and autonomous driving industry to develop their own autonomous driving systems with reference vehicles and hardware platform.

2016 150