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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values.

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

This organization will build upon the current generation of Boston-Power’s lithium-ion battery technology to develop new energy storage products and solutions. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1. Purcell, Jr., Earlier post.).

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ZF opens state-of-the-art technology centre in Mexico | Autocar Professional

Baua Electric

Global technology company ZF officially opened the campus that will house four corporate function hubs for North America and the company’s first R&D centre in Mexico, on April 4, 2024. This year has already seen three major announcements. Plant 2 in Mexico will serve as an essential production base to supply 2.72

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GM Working with Communities to Develop Roadmap For Plug-in Infrastructure

Green Car Congress

Prepare for eased/fast/self permitting of home/public charging installation; Ensure new home/building codes/major renovations provide for vehicle 240V charging. Provide rebate for vehicle purchasers (see above - $2,500/16 kWh vehicle); Provide and incentivize home/building charging installation electrical service (i.e. Earlier post.).

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China’s BYD Says Prospective Mexican Plant Won’t Export to U.S.

The Truth About Cars

Chinese automaker BYD has been seeking to build an automotive plant in Mexico, with the company’s regional chief executive confirming the plan on Wednesday. Meanwhile, corporate leadership has continued to signal that it’s not interested in selling to the United States — even though previous statements have indicated the opposite.

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Electric vehicles trends in India

Electric Vehicles India

According to an independent study by CEEW Centre for Energy Finance (CEEW-CEF), the EV market in India will be a US$206 billion opportunity by 2030 if India maintains steady progress to meet its ambitious 2030 target. Ather Energy Pvt Ltd announced to build a 400,000-sq-ft factory in Hosur, Tamil Nadu. billion in 2020.The India sold 1.18

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

Mullen will also spend about $26 million renovating the building at the site, which was formerly inhabited by Nike but has been vacant for the past five years. The members of the coalition are American Electric Power, Dominion Energy, Duke Energy, Entergy Corporation, Southern Company, and the Tennessee Valley Authority.-

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