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CPCA expects China Apr NEV retail sales to fall 8.4% from Mar to about 500,000 units

CN EV Post

Last April, China's auto industry suffered disruption due to the Covid lockdown in Shanghai, with 1.04 In April, the price war in China's auto industry gradually receded and consumers returned to rational consumption, easing the wait-and-see sentiment, the CPCA said in the report today. million units, up 49.8

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Global auto industry receives $44 billion for greener cars

Green Cars News

The global automotive industry is receiving close to US$44 billion from governments around the world to develop alternative fuel technologies, analysts at Deloitte reveal. The market for alternative fuel vehicles is being strongly supported economic stimulus packages and other government programs in at least 13 markets.

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Ricardo responds to electric drive stimulus package

Green Cars News

“Measures aimed at spurring innovations that will increase the electrification of road transportation, such as those announced today, are to be welcomed as extremely good news for the auto industry as well as for society. .

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Will Obama’s billions jumpstart the electric car? The Green Piece

Green Cars News

If you listen to US President Barack Obama it has been a long time coming – his decision to pour $2.4billion of stimulus money to make America a global leader in electric and hybrid car development comes as the country plays catch up to the likes of Japan and even China in the green car race (see article ). “I Who will benefit? Our verdict.

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China on track for 12million vehicles

Green Cars News

A report in the People’s Daily quotes Chen Bin, director of the Department of Industry under the NDRC, as stating that Chinese car manufacturers were originally expected to produce and sell more than eight million units of vehicles in the first eight months of the year. Tags: Cars Green cars Latest news.

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The Race to Plug-In Hybrids Is On

Green Cars News

The new administration’s stimulus package allots $2B for advanced batteries, $300M for federal and states fleets to buy new clean fuel vehicles and $7,500 tax rebate for PHEV, with yet more money in the Auto-Industry Re-tooling fund. No on has a lock on this future; everything is up for grabs.

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When Will EVs Hit Primetime?

Revenge of the Electric Car

Similarly, in China, the sheer size of the auto industry and the country’s ambitious clean-energy goals suggest a potentially huge market for electric cars. China overtook the US last year as the largest auto market in the world. . The third phase will be released around 2015. “That’s going to be tough.&#.

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