UK auto industry warns anti-diesel agenda and slow uptake of EVs could mean missing 2021 CO2 targets; rising CO2 average in 2017

Green Car Congress

The UK automotive industry warned that the current anti-diesel agenda combined with the ongoing slow take-up of electric vehicles could mean industry misses its next round of CO 2 targets in 2021, with negative consequences for the UK’s own climate change goals. Alongside advances in gasoline and diesel vehicle technology, the industry is investing heavily in alternative technologies.

2018 190

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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China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. Natural gas and other alternative fuel vehicle technology is basically mature, the government said, and is headed toward initial industrialization. 2012 Chinese Auto Industry Development Report. Developing the industrial system.

2012 273

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

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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 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5

2011 183

Battle over EV tax credit pits automakers against oil interests

Green Car Reports

The possibility of an extension for the $7,500 federal EV tax credit has recently intensified lobbying efforts in Washington D.C.—and —and pitted the efforts of the auto industry soundly against those of the oil and gas industry. Plug-In Hybrids EV tax creditSo reports the Washington Post. According to its report this week, the powerful companies and interests opposing the.

All Western European Countries Will Have CO2-Related Car Taxation This Year; European Auto Industry Urges Harmonization of Schemes

Green Car Congress

With Germany set to introduce CO 2 -related taxation in July of 2009, all Western European countries levy passenger car taxes that are partially or totally based on the car’s carbon dioxide emissions and/or fuel consumption, completing a trend that peaked in 2007 and 2008, according to the European Automobile Manufacturers’s Association’s (ACEA) Tax Guide 2008 published this week. ACEA provides an overview of the CO 2 -based vehicle taxes here.

2009 150

U.S. EV buyers will get the $7,500 tax credit with a few catches


The United States Electric Vehicle Tax Credit is one of the most notable advantages of purchasing a battery-electric car. The future of the auto industry is electric — and made in America. Earlier this year, a $12,500 EV tax credit was discussed.

Is green to blame for problems in auto industry?

Green Cars News

He states that the auto CEOs were “in bed&# with the green jobs movement and that between 1994 and 2003, General Motors gave Nature Conservancy more than $19million. The author believes that Congress failed to consult the public about green jobs or the Smart Grid, not to mention the cap and trade that will “tax the air you breathe&#.

KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

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In fact, Hans Flick, national tax leader for KPMG’s automotive practice noted that executives appear to indicate that the idea of entry level cars may not have met expectations. The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. With regard to what would happen to government subsidies for the automotive industry in their respective countries, executive were mixed.

2011 195

KPMG survey: global auto execs expect slow growth in electrified vehicle sales; intensified investment coming in the face of current modest demand

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Despite continued heavy investment by automakers in electric propulsion technologies, 65% of global automotive executives don’t expect sales of electrified vehicles (from full-hybrids to fuel cell electric vehicles) to exceed 15% of annual global auto sales before 2025, according to the 13 th annual global automotive survey conducted by KPMG LLP, the US audit, tax, and advisory firm. —Gary Silberg, National Automotive Industry leader for KPMG LLP.

2012 207

Trump budget could affect Lordstown Motors funding, again seeks to end EV tax credit

Green Car Reports

The future of the program, called ATVM within the auto industry, could potentially affect the viability of Lordstown Motors, the venture aiming to make electric pickups in

2020 104

Tesla bull calls battery cost declines “good deflation” that could boost EV sales


In contrast to “good deflation,” ARK also identified an example of “bad deflation” in the auto industry, specifically in the used car market.

MIT Task Force on the Work of the Future suggests widespread autonomous driving at least a decade away

Green Car Congress

Building on the Task Force’s interim 2019 report, “Work of the Future: Shaping Technologies and Institutions,” MIT Task Force members are providing analysis on topics including manufacturing, health care, tax reform, skills/training, and emerging technologies such as collaborative robotics and additive manufacturing. The MIT Task Force on the Work of the Future has released a new research brief examining the future of autonomous vehicles.

2020 246

Car Industry Asks Government For More EV Help

Revenge of the Electric Car

Auto lobbyists say the government should provide more cash subsidies to ease. If they don’t, then the car industry warns it’ll be hard to hit President Obama’s goal of one million electric and/or plug-in vehicles on the road by 2015. Read more in the WSJ article by Josh Mitchell: Auto Industry Plugs Electric-Car Subsidies. the introduction of EVs.

2010 116

China Forecast to Produce 12M Vehicles This year

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Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the 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.

2009 195

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 Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry. China unveiled a support package for the auto industry early this year, cutting purchase taxes for cars with small engine capacities and providing subsidies to rural purchasers. People’s Daily.

2009 150

Tesla Model S Plaid goes up for grabs in fight for climate change policies


There are simply not very many vehicles in the auto industry that could hold a candle to a large, four-door legitimate family-hauler with literal supercar-beating performance. There are many reasons why someone would want to drive the Tesla Model S Plaid.

Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption


In 1990, a CO2 tax was implemented and the country began to focus on establishing a greener transport system by promoting Norwegian EV production and adoption. Let’s take a look at the Volkswagen Golf versus the Volkswagen e-Golf as an example of how the tax scheme works in practice.

Tax 56

T&E concludes that diesel cars emit more CO2 on a full lifecycle basis than gasoline cars

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In Europe, the car market is skewed in favor of diesels through regulation and tax policies. T&E attributed Europe’s diesel share to three main causes: Distorted national fuel and vehicle taxes. Diesel fuel is taxed between 10% and 40% less than gasoline in most countries. This “diesel bonus” cost national budgets almost €32 billion in lost tax revenue in 2016 alone. The steel industry, for example, has been making this argument for about 10 years now.

2017 197

Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The Government of India is continuously making efforts to bring the electric vehicles revolution in India through various initiatives be it providing exemption of tax on electric vehicles or providing incentives under the FAME II (Faster Adoption and Manufacturing of Hybrid and EV).

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

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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. Improving credit conditions throughout the region and sustained, but tenuous, economic growth among the countries in the region have helped to motivate total auto sales levels. IHS Automotive forecasts global automotive sales for 2015 to reach 88.6

2015 203

Top 5 Electric Vehicle Start-Ups in India

Get Electric Vehicle

The finance minister announced a tax break for people who purchase electric vehicles in an attempt to increase their popularity. The company also produces low-cost lithium-ion scooters, which they displayed at the Auto Expo 2020.

India 52

Canadian Study Concludes Rebates to Hybrid Buyers Not Cost-Effective for Reducing Carbon Emissions

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In summary, the results in our paper indicate that hybrid tax incentives structured as they are in Canada may not be the most effective way to encourage people to switch away from fuel inefficient vehicles like large SUVs or luxury sport passenger cars, at least in the short or medium run. While hybrid rebates help governments to appear environmentally progressive, Chandra suggests that some programs may serve as de facto bailouts for the North American auto industry.

2009 195

Berkeley study finds clean vehicle rebates have predominantly benefited wealthy, white Californians

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We can surmise that this is partially attributed to the auto industry targeting wealthier areas with marketing campaigns, and also because information and guidance about electric vehicles and subsidy programs is not distributed evenly across all populations. Residents will not be eligible for rebates if their gross annual income exceeds $150,000 for single tax filers, $204,000 for head of household filers and $300,000 for joint filers.

2016 243

Obama Outlines Next Steps for GM and Chrysler

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In his short address, the President confirmed details that had emerged over the weekend about the next steps for the two auto makers. Members of the Presidential Task Force on the Auto Industry will work with GM on the new, more stringent, plan, the President said, who also noted the resignation of GM CEO Rick Wagoner as an outcome of the process. If they and stakeholders are unable to reach an agreement, we can’t justify additional tax dollars to keep Chrysler in business.

2009 150

How to Electrify Your EV Fleet the Smart Way

EV Connect

From the internet to industry insiders, huge corporations like FedEx and Amazon have already electrified their vehicles while government partners like the USPS build buzz around their innovative electric vehicle solutions. Nothing makes a bigger splash than a brand-new electric fleet.

Greenius Is Fired Up Over Obama’s Green Economic Recovery Bill!

Creative Greenius

Tax Incentives to Spur Energy Savings and Green Jobs. And for those of us who believe that the future of the auto industry involves a plug and a battery - Plug In America just released their press release with the following headline: Plug In America Hails Plug-in Electric Car Aid in Stimulus Bill. Consumers to Benefit from Tax Relief, More Green Jobs. The coal industry is about to get what’s coming to them and not a moment too soon.

2009 150

Can Electric Vehicles Speed Up As The Economy Slows Down?


In order to envision what may lie ahead, it’s key to understand how the EV industry was evolving up until the novel Coronavirus outbreak. The ongoing COVID-19 pandemic has slowed down the world as we know it and the automotive industry is no exception.

2020 Electric Vehicle Industry Report Card and trends for the new year

Plug In India

The Indian electric vehicle industry too suffered a setback during the first six months of the year. Yet, by the end of the year, there is a huge wave of optimism in the industry for the coming year. This report logs the highs and lows of the Indian EV industry for 2020.

2020 56

VW Joke, Kia EV6 Details – EV Week in Review: March 23-30

EV Adoption

According to the Asian auto industry gurus at ZoZo Go , it’s the strongest product debut in the history of four-wheeled vehicles. And, federal subsidies or not, nearly all industry observers anticipate a boom in charger installations over the next several years.

Kia 52

Nissan Leaf – Taking Reservations

Revenge of the Electric Car

After a federal tax credit and state rebate, the price of these cars will come out at around a cool 20k. Funny that this article cites “a shortage of public charging stations&# as the sole reason for auto makers scrapping electric vehicles in the 1990s. The Leaf’s suggested retail price of $32,780 drops to $25,280 after a $7,500 federal income tax credit. The Leaf’s suggested retail price of $32,780 drops to $25,280 after a $7,500 federal income tax credit.

2010 140

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

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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-Power, Inc.,

2011 183

CATARC and UC Davis establish China-US ZEV Policy Lab to accelerate adoption of plug-in and fuel cell cars in US and in China

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CATARC is China’s the administrative body that oversees and regulates many activities of the auto industry in China, the world’s largest new-car market, and in the US. The five-year memorandum of understanding, signed on 6 September during the 2014 International Forum on Chinese Automotive Industry Development in Tianjin, China, establishes the China–US ZEV Policy Lab.

2014 190

Tesla Announces IPO

Revenge of the Electric Car

The price of shares or the timing of their availability is still unclear, but industry observers expect the much-anticipated offering to be well-received by investors.&#. The price of shares or the timing of their availability is still unclear, but industry observers expect the much-anticipated offering to be well-received by investors. “This could propel them into a more prominent position in the auto industry,&# Menlow said.

2010 126

US Utilities Pledge to Ramp Up Efforts To Make Electricity a Crucial Transportation Fuel

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Incentives could include purchase incentives, tax rebates, off-peak charging rates, preferential and/or free parking, and grants for charging infrastructure installation, all designed to encourage a significant penetration of electric transportation solutions. Our industry acutely recognizes that now is the time to redouble our ongoing efforts to lay the groundwork for making plug-in electric transportation in this country a reality, not just a vision.

2009 190

Li-ion Polymer Battery Maker Kokam America Is Partner of Choice for Smith Electric Vehicles US; Kokam JV With Dow Targeted at Scaling Up Production

Green Car Congress

million in tax credits towards that plant from the state. Kokam America has been producing its SLPB cells for 8 years in its Missouri plant, says Kokam America CEO Don Nissanka, targeting niche market applications from the military, to medical devices, to industrial applications. Going into the auto industry, we have to keep below $0.50/Wh [$500/kWh] and we believe we can get there. ”.

2009 163

CMU study finds that HEVs and PHEVs with small battery packs offer more emissions and oil displacement benefits per dollar spent than large pack PHEVs and BEVs; policy implications

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Value of life cycle air emissions and oil displacement benefits compared to federal tax credit for plug-in vehicles. US policy has been pushing the auto industry to investigate alternatives to fossil fuels; the American Recovery and Reinvestment Act of 2009 provides up to $7,500 in tax credits for up to 200,000 plug-in vehicles. Value of life-cycle emissions externality damages and oil premium costs from vehicles in 2010 $. Michalek et al. Click to enlarge.

2011 174

Kentucky-Argonne Partnership to Help Build US Advanced Battery Industry

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The Center’s major goals would be to support the development of a viable US battery manufacturing industry; make it easier for federal labs, universities, manufacturers, suppliers, and end-users to collaborate; develop advanced manufacturing technology to reduce advanced battery production costs; and accelerate the commercialization of technologies developed at national laboratories and universities.

GM Working with Communities to Develop Roadmap For Plug-in Infrastructure

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GM described its approach at the Washington Auto Show. Provide state tax credit for vehicles ($2,500/16 kWh vehicle) and charging equipment and installation at home/multi-family home/workplace/public (up to $3,000/home; $30,000/other site with 10 charge ports). Eliminate state sales tax on vehicle purchase; Commit/fund government fleet purchases (200 vehicles).

2009 150

Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

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Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. Suppliers struggled to make money when industry volumes were almost double what they are today, and the consolidation that has occurred has been happening mostly among smaller companies at the lower tiers. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry.

2009 150

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. This has been prompted by the government’s stimulus plan for the auto industry which has boosted domestic demand and ensured industry growth.

2009 34

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

When he proposes steps to improve oil industry safety, we hope he won’t say, “Let’s make sure this never happens again.” Well, America’s auto industry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles. Right now, buyers of new plug-in cars get up to $7,500 in tax credits. Perspective by Felix Kramer, Founder, CalCars.

2010 218

Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

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” at the ATX-Consulting4Drive Executive Business Theater at the SAE 2009 World Congress, executives from two global automotive market research groups—Alexander Edwards, President of Strategic Vision ’s Automotive Division and Scott Miller, CEO, Synovate Motoresearch —shared their data and resultant views on green consumers and green autos. fuel tax); and there needs to be assurances regarding OEM viability—all of which may involve government action.

2009 163

Tesla CEO: Gas prices should be $10 a gallon

Green Cars News

Describing himself as anti-tax but pro-carbon tax, Tesla Motors founder Elon Musk risked the backlash of US motorists by declaring that petrol should probably cost $10 a gallon. With the US auto industry in disarray, Tesla’s focus on premium green cars has emerged as a bright spark.

2009 37