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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

April passenger vehicle sales in China are expected to be around 1.57 China's new energy vehicle (NEV) sales rose significantly this month from a year ago, though they were down from March. According to preliminary projections, China's passenger vehicle sales in April were about 1.57 million units, down 1.3 million units, up 49.8

China 105
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China Forecast to Produce 12M Vehicles This year

Green Car Congress

China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). percent from a year earlier, the fifth month in a row that saw auto sales exceed one million units, according to the China Association of Automobile Manufacturers. People’s Daily.

China 218
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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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China Car Sales Likely Hit New Record in April

Green Car Congress

Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Official figures for vehicle production and sales are scheduled for release next Monday. Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry.

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Ricardo responds to electric drive stimulus package

Green Cars News

Ricardo, one of the leaders in the development of electric and hybrid vehicles, has welcomed President Obama’s announcement of $2.4billion in grants to accelerate the manufacturing and deployment of the next generation of US batteries and electric vehicles.

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

Green Car Congress

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. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1.

Boston 199
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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. Overall, Ener1 reported 2008 revenues of $6.8 million compared to $280,000 in 2007.

Li-ion 150