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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million, an increase of 2.4% North America.

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First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate

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. $37 million in undiscounted pre-tax free cashflow to the project forecasted during the first full year of production. 139 million after-tax net present value (NPV) using an 8% discount and 53% after-tax internal rate of return (IRR), representing a payback period of only 1.8 NPV – Pre-Tax (8% Discount Rate).

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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For the first three years, the carbon price will be fixed, before moving to an emissions trading scheme in 2015. From 1 July 2015, the carbon price will be set by the market. However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. a year in real terms.

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UCLA/UC Berkeley law schools release policy paper on actions required to stimulate long-term, mass-adoption of electric vehicles; leveraging California

Green Car Congress

Reduce fees, taxes and upfront costs for electric vehicle owners and invest in battery research. California has a strong interest in promoting the adoption of electric vehicles, based on the benefits to the economy, environment, and quality of life. The author of this policy paper is Ethan N.

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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

In his remarks at the Annual Media Conference, where the Group presented 2015 results, Matthias Müller, Chairman of the Board of Management of Volkswagen AG, said that 2016 will be a year of transition for Volkswagen, and will also see the accelerated transformation of the company. Key figures for 2015. Earnings after tax were –€1.4

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Baker Institute expert suggests assumptions about oil’s influence on politics in the Middle East should be reversed

Green Car Congress

Oil helped finance their emergence from colonial rule and, at times, guided the placement of national borders to encompass known oilfields. In turn, these attitudes have encouraged energy-intense habits, influencing the design of the built environment and guiding patterns of human settlement. —Jim Krane. —Jim Krane.

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Financing a Tesla Model X Just Got Easier

EV Life

For the Model X, the new base price of $79,990 (down $8,500 from the previous price) means it now qualifies for the federal tax credit of $7,500 outlined by the Inflation Reduction Act of 2022. The federal tax credit has MSRP limits of $55,000 for cars and $80,000 for SUVs and trucks. And it doesn’t stop there.