Remove Alternative Fuels Remove Auto Industry Remove Chinese Remove Tax
article thumbnail

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

Natural gas and other alternative fuel vehicle technology is basically mature, the government said, and is headed toward initial industrialization. 2012 Chinese Auto Industry Development Report. 2012 Chinese Auto Industry Development Report.

article thumbnail

KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

In fact, Hans Flick, national tax leader for KPMG’s automotive practice noted that executives appear to indicate that the idea of entry level cars may not have met expectations. The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. Investments.

Global 218
article thumbnail

Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

The alternative-fuel car evolved to reduce exhaust emissions and other problems derived from burning fossil fuels. The PHEV (Plug-in Hybrid Electric Vehicle), a subset of the electric car, combines a primary electric motor with a much smaller back-up engine fueled with a hydrocarbon/biofuel mix.

PHEV 150
article thumbnail

VW Joke, Kia EV6 Details – EV Week in Review: March 23-30

EV Adoption

New Chinese Mini EV flying off the lots – Chinese customers took delivery of 200,000 Wuling Hongguang Mini EVs in the vehicle’s first 200 days of production. According to the Asian auto industry gurus at ZoZo Go , it’s the strongest product debut in the history of four-wheeled vehicles.

Kia 52
article thumbnail

Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

The IRA, which, in addition to its climate-centric provisions, includes important steps to curb healthcare costs, particularly in the form of inflated prescription drug prices, crack down on tax cheats and revitalize U.S. And what about changes to the EV tax credit? carbon sequestration (capture and storage, i.e.).

article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

People will likely not buy plug-ins without big federal tax breaks." ( Reuters ) 11/29/06 [In response to GMs announcement at the LA Auto Show], Ford Group marketing manager Cisco Codina said the answer for now is full hybrids, like the latest version of its Ford Escape hybrid SUV unveiled at the show. (

Plug-in 45