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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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University of Michigan Report Finds Focus on Fuel Economy Would Be Very Profitable for Detroit 3; Says Rapid, Wide-Reaching Change in Business Models Required for Turnaround

Green Car Congress

According to the study, higher fuel economy standards would benefit the Detroit 3 automakers the most. Further, the report finds that the existing culture within the domestic auto companies systematically underestimates the value of fuel economy, which has crippled profitability. Source: McManus and Kleinbaum. Click to enlarge.

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‘Agri output and rural market dynamics to be key in 2024’: Manish Raj Singhania | Autocar Professional

Baua Electric

However, these are only early signs, and we need to witness consistent performance over a few months to be certain that the rural economy is out of the woods. Though we have been better off in CY23 than CY22, we would require at least two consecutive years of proper rainfall for a complete turnaround of the rural economy.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

"By partnering with these two industries. Plug-in hybrid electric vehicle technologies are not yet competitive due primarily to the high cost of advanced batteries. Ford and SCE will explore whether these batteries have other uses that could reduce their cost to consumers. Joint Press Release ) 4/4/07 Ford Motor Co.

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

Tony Karrer Delicious EVdriven

It is simply the cost of doing business. "On some products, the costs, particularly in advanced technologies, are high," he said in a lengthy interview with Automotive News (free subscription required). Its been improving over time, but the power density and cost issues are still steep for what exists thus far.

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