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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. According to the report, “Fixing Detroit: How Far, How Fast, How Fuel Efficient?” The chance that increased profits could exceed $6 billion is 18% if fuel economy standards were increased to 40.4

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

The XHT is a new generation of plug-in hybrid drive train ready to multiply the gas mileage of any SUV or any standard sedan." ( Company PressRelease ) BYD Auto top 2/3/08 BYD Auto Co., This is different from anything Ive ever seen in my 40 years in the automobile industry." ( Detroit Free Press ). This is unusual.

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