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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

However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies. 2012 Chinese Auto Industry Development Report. Experts urged greater efforts on China’s part to boost development of the new energy vehicle industry.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

We have rock-solid finances. With electromobility, the automobile industry faces a fundamental technological upheaval.Our path leads away from oil, to emission-free mobility, and the electric car plays a key role.CO A company such as Volkswagen must include all relevant technologies.” VW and the electric car.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

But GM says it wont get the money until the Obama administration is satisfied the company is financially viable. GM killed that car because of back room deals with oil companies, and now they expect us to believe that they are just so cutting edge now? Gotta love a company that blows nearly 2 billion a year on PR and advertising!

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