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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% million units.

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Mixed Outlook for Mainstream Consumer Adoption of PHEVs

Green Car Congress

Given high initial costs, volatile oil prices, improving competition, an industry in poor financial shape and consumers who aren’t perfectly rational.who actually are quite risk averse.advanced technology may be a hard sell. Tax the fuel.” times as much. Start talking about more than just climate change.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

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Tesla Announces IPO

Revenge of the Electric Car

. “This could propel them into a more prominent position in the auto industry,&# Menlow said. The IPO would be a first among electric car companies, which have shown life in recent years in response to high oil prices. “The question is how they’re going to be able to rein in their costs.&#.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Recent announcements demonstrate that electric utilities and some auto makers want to make V2G a reality. Posted byJohn Addison Labels: autos , Batteries , clean fleet , cleantech , electric utilities , electric vehicles , energy , EV , green tech , Plug-in , zev 5 Comments: Martin Bromley said. 2) Chevy Volt (2) China (2) ECOD3.SA

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. Moreover, EVs are not only proving to be more robust amidst an auto industry in decline, but they are also already displaying some signs of recovery.

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