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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

A new report released by the University of Michigan Transportation Research Institute ( UMTRI ) analyzes critical choices faced by automakers and finds that broad, deep, fast change is necessary for success in the context of the worst financial crisis in the history of the domestic automobile industry. mpg) and 50% (40.4

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

"However," he continued, "If carmakers decide not to take advantage of this offer, AFS Trinity intends to raise the funds to begin modifying existing hybrids or manufacture its own 150 mpg SUVs and, eventually, 250 mpg sedans. We believe such production models could be available for sale in three years."Furia This is unusual.

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