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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

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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

In sync with its past annual auto studies, AlixPartners continues to predict that US auto sales will climb more slowly, and to a lower peak, than many others are predicting. Specifically, the firm estimates US auto sales will reach just 12.7 billion in 2010 profit on a net margin of 4.6% billion on a net margin of 4.3%—things

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The time has come: Fisker has filed for bankruptcy

Baua Electric

It is in advanced discussions with financial stakeholders regarding debtor-in-possession financing and the sale of its assets. During its rocky Ocean launch, Fisker still introduced some hot new concept vehicles last year – the Ronin supercar , Alaska truck , and Pear utilitarian economy vehicle.

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Stellantis, LGES enforcing ‘contingency plans’ for EV battery plant in Ontario

Baua Electric

billion from LGES 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.”

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Tesla replays DOE loan nine years early

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The Department first offered loans to Tesla and other auto manufacturers in June 2009, when car companies couldn’t get other financing and many people questioned whether the industry would survive. This is another important contribution to what the Obama Administration has done to preserve and promote America’s auto industry.

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ZF opens state-of-the-art technology centre in Mexico | Autocar Professional

Baua Electric

. “This centre is of utmost importance to our company regionally and globally, as it will allow us to drive innovation and the development of new technologies, helping us stay at the forefront of the mobility industry.

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