article thumbnail

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

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 million units in 2011 and only 13.6 million in 2012. million units in lost vehicle sales this year.

article thumbnail

EV startups collaborated with Foxconn to boost up manufacturing. The wait continues.

Baua Electric

The high-profile association with Lordstown seems to be collapsing over a feud about that corporate’s secure worth. The corporate develops miniature electrical tractors which are driver-optional. The corporate is checking out battery negotiations then receiving the overall main points of the Inflation Relief Function tax credit.

article thumbnail

Was the Jeep Wrangler 4xe 2021’s 3rd Highest-Selling EV in the US?

EV Adoption

I’m estimating 28,000 as an executive with a leading auto analyst firm confirmed to me privately that their registration estimates for 2021 put the RAV4 Prime and Wrangler 4xe as a toss up. Auto Industry Analyst. Especially in this day and age of consumer mistrust of corporations, transparency is of utmost importance.

Jeep 98
article thumbnail

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

Green Car Congress

Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1.

Boston 199
article thumbnail

Stellantis, LG Power enforcing ‘contingency plans’ for EV battery plant in Canada

Baua Electric

billion) from LG Power and undercover contributions from federal and provincial governments, as the biggest ever within the Canadian auto sector. A spokesperson for Champagne stated on Friday that the “auto industry is crucial to the Canadian economy and to the hundreds of thousands of Canadian workers.” billion ($1.1

Canada 52
article thumbnail

Is green to blame for problems in auto industry?

Green Cars News

Part of the blame he believes lies with the Bush administration’s mandate for Corporate Average Fuel Economy standards to take cars from 27.5mpg to 35mpg by 2020. The author believes that Congress failed to consult the public about green jobs or the Smart Grid, not to mention the cap and trade that will “tax the air you breathe&#.

article thumbnail

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

Green Car Congress

Provide state tax credit for vehicles ($2,500/16 kWh vehicle) and charging equipment and installation at home/multi-family home/workplace/public (up to $3,000/home; $30,000/other site with 10 charge ports). Eliminate state sales tax on vehicle purchase; Commit/fund government fleet purchases (200 vehicles). State Government.

Plug-in 150