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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

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan.

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Mitsubishi Rayon acquires majority of carbon fiber reinforced plastics company Wethje; targeting auto industry

Green Car Congress

(MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG.

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SAE International Forms New Committee to Create Vehicle Battery Standards

Green Car Congress

SAE International is creating a new Vehicle Battery Standards Committee which will serve as a center for standardization to support the ongoing development of new and advanced battery technologies. Schutt, PhD, Chief Executive Officer, SAE International.

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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure.

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Honda to step up its game with new electric motorcycles and EVs

Teslarati

Honda appears ready to go full electric and dive into the increasing competition in the EV industry. At the same time, Honda plans to increase its annual sales of electric motorcycles to 3.5 Battery electric vehicles (BEVs) are particularly making strides in the global automobile business. million units by 2025.

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The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

Get Electric Vehicle

  Amitabh Kant stated that Rs 20 lakh crore of investment is required in the construction of electric vehicle infrastructure and that several multilateral funding solutions are being studied with the World Bank for implementation. He believes that these sectors will lead the country’s green mobility revolution. 

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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

However, in FY23 only 1% of the passenger cars sold was electric at 48,000 units, Qureshi said. The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday.

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