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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

Meanwhile, the mid-2022 passage of the CHIPS Act in the United States yielded a multi-billion-dollar investment pool, some of which dedicated to ramping up American manufacturing of the mature-generation chips upon which many industriesauto and otherwise—are so dependent. considered getting into the chip-stimulus game as well.

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

Green Car Congress

Boston-Power, Inc., 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. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China.

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How NI plans to innovate in the EV test and measurement industry and unlock the power of data

Charged EVs

NI’s CEO reports an industry-wide recognition that test data is an underutilized asset and many systems need to be rebuilt to take better advantage of very rich data sets. Q&A with NI CEO Eric Starkloff (Full interview) The sense of urgency in the auto industry is palpable as it undergoes the transition to EVs.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

Energy storage technologies represent an alternative to traditional grid management using generation assets such as natural gas peakers to balance the grid by adding power to it. The value of the ESG market is now measured by using the value of energy ($/kWh), not power ($/kW). Energy storage on the grid is reaching a turning point.

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

Ener1 said that customer interest in its lithium-ion batteries from all segments remained strong in spite of distress the auto industry and current recessionary economic conditions. Net loss in 2008 was $43 million, compared to a loss of $51.7 million in 2007. Early design concept development program with a European automotive company.

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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

If you’re still not taking China’s push to become a major automotive power seriously, then this statistic is sure to give you food for thought: according to an official with the National Development and Reform Commission (NDRC), the country is on track to produce a record 12million vehicles this year.

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