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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

Companies that can financially sustain themselves through the EV ramp will succeed in the long run, assuming that they have the technology and auto industry credibility. “In the near-term, we expect to see some consolidation in the battery industry, with a few leaders taking the lead. widespread adoption take hold.

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More states follow California’s clean car standards

Green Cars News

The decision follows President Obama’s landmark agreement to adopt federal emission standards for the model years 2012-2016. From 2012 onwards, the new national standards would be deemed to reflect the state standards and the auto industry would dismiss its legal challenges.

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Volkswagen Group launching major electro-mobility campaign in China; $25B on new vehicles, technologies and plants up to 2018

Green Car Congress

Dr. Martin Winterkorn, CEO of Volkswagen AG, on the eve of the Auto China motor show in Beijing. 17 Group models already meet the updated legal requirements set by the Chinese authorities to qualify as “especially energy-efficient vehicles.”. earlier post ) and e-Golf ( earlier post ) models. —Martin Winterkorn. billion (US$25.1

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