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ICE car values plummet in China and it is the canary in the coal mine

Electrek

It’s another sign that the global auto industry isn’t ready for the shift to EVs and will be caught unawares if it doesn’t ramp EV production fast enough. more… The post ICE car values plummet in China and it is the canary in the coal mine appeared first on Electrek.

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Mitsubishi wants to launch Australia’s cheapest electric car, but there’s a very expensive reason it might not

EV Central

Because if all we do is flood the market with BEVs – and New South Wales still has 75 per cent of its power generated by coal – all we have done is shift the emissions from the tailpipe to the power station.” But in a recent report industry super funds warned the transition risked falling behind without increased investment.

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Renewable-methanol fueled Geely cars in fleet testing in Iceland; 70% reduction in WTW CO2 compared to gasoline

Green Car Congress

Among drivers testing the vehicles were CRI staff and members of the Icelandic Automobile Association as well as several local service providers in the auto industry. CRI’s current plant has a renewable methanol production capacity of 4,000 metric ton/year. Currently, China produces most of its methanol from coal.

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‘Hatchbacks are here to stay; no guarantee that SUVs will remain popular in the future’: RC Bhargava | Autocar Professional

Baua Electric

The Chairman of Maruti Suzuki India Limited who is also a seasoned veteran in the auto industry spanning over four decades, firmly advocates that for India to progress into a developed nation, accessible mobility options are imperative. All manufacturers have to make the space exciting. Which means either you get into electric cars.

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President Obama Asks Congress for Carbon Cap Legislation; to Spend $15B per Year on Energy Technologies

Green Car Congress

So I ask this Congress to send me legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy in America. As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. It begins with energy.

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CMU study finds that HEVs and PHEVs with small battery packs offer more emissions and oil displacement benefits per dollar spent than large pack PHEVs and BEVs; policy implications

Green Car Congress

and battery production, driving location, and upstream supply chain emissions, we use a medium global valuation for GHG emissions, and we assume the battery will last the life of the vehicle. Although gasoline production and combustion produce significant emissions, battery and electricity production emissions. Click to enlarge.

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US DOE Issues Request for Information on Hydrogen and Fuel Cell Market Development; Reports to Congress on Program

Green Car Congress

DOE is seeking to facilitate the market penetration of hydrogen and fuel cell products through higher volume purchases (e.g., Using biogas and fuel cells for co-production of on-site power and hydrogen. For fuel cell vehicle applications, both near- and long-term hydrogen production options are being explored.

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