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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

2012 Chinese Auto Industry Development Report. The fifth annual report on China’s auto industry—2012 Chinese Auto Industry Development Report—says that the next 20-30 years will be a “critical period” that will see the formation of a global new-energy vehicle industry.

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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

The AlixPartners 2011 Automotive Outlook finds that while automakers and suppliers have seen profits bounce back—North American original equipment manufacturers (OEMs) posted $12.5 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 billion on a net margin of 4.3%—things

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

Green Car Congress

The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. Boston-Power, Inc., Reorganizing. Purcell, Jr., Earlier post.).

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Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The Government of India is continuously making efforts to bring the electric vehicles revolution in India through various initiatives be it providing exemption of tax on electric vehicles or providing incentives under the FAME II (Faster Adoption and Manufacturing of Hybrid and EV). Society of Manufacturers of Electric Vehicles (SMEV).

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Stellantis stops building of Canada EV battery module plant over federal price range

Baua Electric

‘WE CONTINUE TO NEGOTIATE’ A spokesperson for Champagne stated Friday the “auto industry is crucial to the Canadian economy and to the hundreds of thousands of Canadian workers.” Inflation Aid Employment, which incorporates a US $10 in step with kWh incentive for battery module manufacturing.

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

Baua Electric

LG Power and Stellantis introduced the funding utmost date to ascertain a large-scale, home, EV battery manufacturing facility in Canada. billion) from LG Power and undercover contributions from federal and provincial governments, as the biggest ever within the Canadian auto sector. billion ($1.1 Thomas, Ontario.

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Top 5 Electric Vehicle Start-Ups in India

Get Electric Vehicle

According to reports, the Indian government plans to give EV manufacturers new incentives worth up to $8 billion over the next five years. Finance Minister Nirmala Sitharaman pushed for the Indian Electric Vehicles Mission in the country’s Union Budget 2019-20. The company has a manufacturing plant in Manesar that can produce 1.2

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