Green Car Congress
DECEMBER 10, 2015
Navigant forecasts global annual LDV sales to grow from 88.8 Navigant expects the vast majority of growth in the LDV market over the forecast period to come from developing countries in Asia Pacific, specifically China and India. million vehicles in 2015 to 122.6 million in 2035.
Green Car Congress
AUGUST 28, 2017
UQM Technologies has entered into a definitive stock purchase agreement with China National Heavy Duty Truck Group Co., The purchase price is $0.95 After the closing of the Agreement, UQM and CNHTC intend to form a joint venture for the manufacture and sales of electric propulsion systems in China. million in cash to UQM.
Green Car Congress
JANUARY 26, 2013
The purchase price is RMB 5.6 Volvo’s transaction with DFG follows an agreement between DFG and Nissan Motors, in which DFG purchased the medium- and heavy-duty commercial vehicle operation from the joint venture DFL (owned jointly by DFG and Nissan Motors). —Volvo’s President and CEO Olof Persson. billion (pro forma).
Green Car Congress
JULY 12, 2019
As part of the transaction, Volkswagen also will purchase Argo AI shares from Ford for $500 million over three years. Volkswagen will invest $2.6 billion in Argo AI by committing $1 billion in funding and contributing its $1.6 Ford will invest the remaining $600 million of its previously announced $1 billion cash commitment in Argo AI.
Green Car Congress
NOVEMBER 29, 2012
The scheme will be reviewed, taking into consideration its impact on motorists’ purchasing decision, technological advances and the progress in Singapore’s overall mitigation efforts on climate change. However if these models fall within the surcharge bands, the appropriate CEV surcharge will still apply.
EV Adoption
MARCH 3, 2021
Lucid’s top executive said the pandemic has affected the startup’s testing activities, supply chain, and its preparations for sales and service. As a result, the law currently creates incentives for electric car buyers to purchase imported vehicles rather than American-made ones. – February 26, via BusinessInsider.
Green Car Congress
FEBRUARY 4, 2011
Virtually all major vehicle manufacturers and several start-up companies are offering—or are planning to offer soon—a PEV for sale in the US market. PEV offerings have also been announced throughout Europe and Asia. Automakers could ramp up PEV production if consumer demand proves to be larger than expected. Market Drivers.
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