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

Green Car Congress

To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. China Electric (Battery) Fuel Efficiency Oil Policy' Source: EIA.

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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday. India has emerged as the automotive powerhouse and the world is looking at us.

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Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

When “replacing oil with electricity” has become a trend, the transportation industry has maintained the era of fuel oil for hundreds of years, but it is also undergoing subversive changes. The automobile industry has been developed for more than 200 years, and the use of petroleum as fuel has dominated most of the time.

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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

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. By 2020, average passenger car fuel consumption is to drop to 5.0

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H2 Mobility initiative agrees on $474M plan for hydrogen refueling network in Germany; 400 stations by 2023

Green Car Congress

The six partners in the “H2 Mobility” initiative ( earlier post )—Air Liquide, Daimler, Linde, OMV, Shell and Total—have signed an agreement in principle upon a specific action plan for the construction of a Germany-wide hydrogen refueling network for fuel cell powered electric vehicles.

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CEO’s Take On 2024: Demand for feature-rich, safe, connected and electric vehicles to drive auto parts industry, says Bosch India chief – ET Auto

Baua Electric

Q: What is your view on the readiness of the component industry for the shift towards adoption of multiple fuel technologies and electric vehicles (EVs) in 2024? Of course, we expect ICE vehicles (including flex fuel) to continue to be dominant for a long time to come. Technologies are rapidly evolving in the automotive space.

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Mercedes-Benz to launch four new electric vehicles in few months

Electric Vehicles India

With a market share of roughly 44%, Mercedes-Benz is the market leader in India’s luxury automobile industry with sales of about 38,000 units in 2022. Dealers do not have to keep inventory under the agency model, and buyers are happy since they can purchase the automobile for the same price throughout India, he continued.