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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. By 2020, average passenger car fuel consumption is to drop to 5.0

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

How President Obama Can Announce Drive Star to Cut Oil Use in Half by 2020. Well, America’s auto industry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles. Today we are under attack.

Oil 252
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Top 5 Electric Vehicle Start-Ups in India

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Finance Minister Nirmala Sitharaman pushed for the Indian Electric Vehicles Mission in the country’s Union Budget 2019-20. The finance minister announced a tax break for people who purchase electric vehicles in an attempt to increase their popularity. Revolt Intellicorp.

India 52
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Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The Government of India is continuously making efforts to bring the electric vehicles revolution in India through various initiatives be it providing exemption of tax on electric vehicles or providing incentives under the FAME II (Faster Adoption and Manufacturing of Hybrid and EV). Ministry of Finance (MoF). This is a 37.17

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Electric vehicles trends in India

Electric Vehicles India

The Indian Electric Vehicle Market was valued at USD 5 billion in 2020, and it is expected to reach USD 47 billion by 2026, registering a CAGR of above 44% during the forecast period (2021-2026). billion in 2020.The billion in 2020.The It was the seventh-largest manufacturer of commercial vehicles in 2019.The Electric buses.

India 88
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Can Electric Vehicles Speed Up As The Economy Slows Down?

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Moreover, EVs are not only proving to be more robust amidst an auto industry in decline, but they are also already displaying some signs of recovery. Additionally, the European Investment Bank has doubled down on its commitment to the European EV battery industry to boost green recovery, committing more than €1B to financings in 2020.

Economy 52