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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. Energy-saving and new energy vehicles have become the development direction of the international automobile industry.

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EV Tax Credits Are Working—Cutting Them Now Would Be a Costly Mistake

Plug in America

Accessing the full amount of the credit at the point of sale saves consumers money on finance charges, makes the tax credit available to those who don’t pay much in income taxes, and makes both new and used EVs more accessible. auto industry is currently the second largest in the world. will get left further and further behind.

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GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

Green Car Congress

The company designs, engineers, manufactures and sells electric power steering, hydraulic power steering, steering columns and driveline halfshafts for more than 60 automobile manufacturers and tier one suppliers. The sale better enables Nexteer to take advantage of anticipated growth in the global auto industry with a variety of automakers.

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DiDi completes >US$500M fundraising round for autonomous driving subsidiary; led by SoftBank Vision Fund 2

Green Car Congress

DiDi also plans to further deepen cooperation with global upstream and downstream auto industry partners towards mass production of autonomous driving vehicles, with the aim of advancing the transformation of the global automotive and transportation industries.

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FCA proposes 50:50 merger with Groupe Renault

Green Car Congress

Fiat Chrysler Automobiles N.V. Groupe Renault also has a well-established and profitable financing business (RCI Banque). delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. The combined business would sell approximately 8.7 million vehicles annually.

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Didi Chuxing sets up JV with China EV maker BAIC-BJEV; next-gen connected car systems; Transportation Brain

Green Car Congress

Jingju is a key component of a DiDi-BAIC strategic partnership formed in a growing alliance between DiDi and auto-industry players. DiDi started partnership programs with automakers and fleet operators in 2016, and launched the DiDi Auto Alliance, an industry-chain partnership network in April 2018.

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8-state alliance releases action plan to put 3.3M ZEVs on their roads by 2025

Green Car Congress

Since the MOU signing, state regulators, the auto industry and infrastructure developers and other stakeholders have shared information and best practices to help move this effort forward. Assessment of creative vehicle financing innovations.

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