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EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

It is the first deliverable of the New European Industrial Policy outlined in an earlier communication. This Action Plan is based on four pillars: investing in advanced technologies and financing innovation; improving market conditions; enhancing global competitiveness; and investing in human capital and skills and softening the.

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

Green Car Congress

The €600-million (US$704-million) bond will be used to fund the acquisition of new retail finance contracts and beneficial interests in lease contracts for Toyota and Lexus vehicles that meet specific clean air criteria, including powertrain, fuel efficiency and emissions.

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2022 Rivian R1T: a real pickup truck makes an impressive debut

Charged EVs

The startup carmaker Rivian was founded a decade ago by RJ Scaringe, but it didn’t go public with its electric pickup truck and SUV until the 2018 Los Angeles Auto Show. Three years and one global pandemic later, the company is now starting to deliver production versions of its 2022 R1T electric pickup truck to paying customers.

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China’s EV Subsidy

Revenge of the Electric Car

Journal article: China to Subsidize Electric Cars. China to Subsidize Electric Cars. Government Aims to Create Strong Domestic Industry but Generous Rebates Risk a Backlash as Rich-Poor Divide Grows. All-electric e6 vehicles made by BYD charge up in Shenzhen, where the cars are used as taxis. By NORIHIKO SHIROUZU.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Cautioning that the development and commercialization of the electric car is “ not a sprint, but a marathon ”, Volkswagen AG Chairman of the Board of Management Prof. Dr. Martin Winterkorn said that Volkswagen would introduce its first electric vehicles based on the up! We have rock-solid finances. VW and the electric car.

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European Automotive Industry Outlines RD Priorities for EU Green Car Initiative

Green Car Congress

The Green Car Initiative concentrates on long-term R&D, largely combining existing projects under a clear policy focus and underlining the importance of a joint approach between industries and policy makers. New vehicle concepts required for electric propulsion technologies, e.g. using in-wheel motors.