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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. Electric drive system power density of 2.5

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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.

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

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At the end of January, DOE also issued the Hydrogen and Fuel Cell Activities, Progress, and Plans Report to Congress as required by the Energy Policy Act of 2005 (EPACT). DOE is seeking to facilitate the market penetration of hydrogen and fuel cell products through higher volume purchases (e.g.,

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Toyota Financial Services issues first Euro-denominated Green Bond allocated specifically to the sales of low-emission vehicles; €600M

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TFS introduced the auto industry’s first Asset-Backed Green Bond in 2014; this latest issuance is the fourth Green Bond the company has issued. The TFS Green Bond program is unique in the auto industry and enhances Toyota’s reputation for leadership in green innovation across industries.

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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

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Strategies to promote adoption of hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs) with small battery packs offer more social benefits (i.e., In our base case, we assume average US values for emissions and damage valuation of electricity generation, oil refining, vehicle. Michalek et al.

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Mixed Outlook for Mainstream Consumer Adoption of PHEVs

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not enthusiast or pioneer—adoption of coming plug-in hybrid electric vehicles (PHEVs), given current market conditions and consumer awareness and attitudes. The most frequent designs resulting from the game include higher charge-sustaining (CS) and charge-depleting (CD) blended operation—few valued all-electric range. Ken Kurani.

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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

As required by the loan agreements signed in December 2008, GM and Chrysler submitted their updated restructuring plans showing a pathway to achieve financial viability to Congress on Tuesday. The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6

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