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National Electric Vehicle Sweden AB acquires assets of Saab Automobile to create new EV company; first model based on 9-3 due year-end 2013/2014

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. China Electric (Battery) Fuel Efficiency Oil Policy' Consumption of gasoline in China grew from 0.9 This continues a trend of significant growth in China’s transportation sector since the 1990s.

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NEVS finalizes acquisition of main assets of Saab; new company solely focused on EVs

Green Car Congress

National Electric Vehicle Sweden AB (NEVS), an international consortium formed by Swedish and Chinese stakeholders, finalized its acquisition of the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB, effective 31 August 2012. Earlier post.).

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., An electric car does not require a regular oil changes or tune-ups. Tesla’s Model 3 paved the way to powerful, affordable EVs. Electric Vehicles are Affordable.

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Senators Feinstein, Toomey introduce bill to repeal ethanol mandate in RFS

Green Car Congress

Americans living on the margins simply can’t afford that. Companies are physically unable to blend more corn ethanol into gasoline without causing problems for many gas stations and older automobiles. Our infrastructure has a ceiling for the amount of corn ethanol that can be used, and we''re rapidly approaching it.

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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

Domestic automobile sales saw a significant year-on-year growth of 20 percent, marking the first full year unaffected by the pandemic. Mobility solutions, green tech, safety Some industry reports predict the domestic automobile sales volume to grow by a moderate eight to ten percent in FY24.

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Strong support for EV ambitions | Autocar Professional

Baua Electric

Originally targeting three industries, the scheme was later expanded to include 14 sectors including automobiles, auto components, electronic products, solar PV modules, advanced chemistry cell (ACC) battery among others. It aims to promote import substitution besides generating employment opportunities.

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