Remove Auto Remove Chinese Remove Financing Remove Tax
article thumbnail

Farley: Chinese language automakers turning into EV ‘powerhouse’

Baua Electric

CEO Jim Farley says Chinese language electrical car makers are its primary competitors within the sector, however the corporate has hurdles competing on charge at a smaller scale. “We see the Chinese as the main competitor, not GM or Toyota,” Farley stated Thursday on the Morgan Stanley Sustainable Finance Zenith.

Chinese 52
article thumbnail

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

Green Car Congress

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. International cooperation.

article thumbnail

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

Green Car Congress

The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. Boston-Power, Inc., GSR Ventures has offices in Beijing and Silicon Valley. Purcell, Jr., Earlier post.).

Boston 199
article thumbnail

France rolls out the pink carpet for EV battery factories

Baua Electric

3-billion-euro plant opened through ACC (Car Cells Corporate) – the battery producer involving Stellantis, Mercedes-Benz and French power corporate TotalEnergies – France equipped about 840 million euros in subsidies, together with finances for analysis and construction, consistent with the finance ministry. For the two.3-billion-euro

France 52
article thumbnail

Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. The Finance Ministry sought a change in the mineral extraction tax formula to generate an additional 609 billion rubles in 2015 and 1.6

Russia 150
article thumbnail

Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

Müller reaffirmed the goal of playing a key role in e-mobility, with the Volkswagen Group planning to launch over 20 additional models by 2020—a target originally voiced by former Group head Martin Winterkorn at the Frankfurt auto show last fall, before the breaking of the diesel emissions scandal. Earnings after tax were –€1.4

2015 150
article thumbnail

A Brief Look at Today's Plug-in Hybrid and Electric Vehicles and the Companies That Are Revolutionizing an Old Industry - Yahoo! Finance

Tony Karrer Delicious EVdriven

www.geinterestplus.com Finance Discover free information about finance. discovertheinformation.com/finance Retired At 32 - Personal Finance How I Actually Did It. Finance partner page. Markets close in 5 hours and 43 minutes. www.GFTforex.com Earn From 2.73% to 3.04% With GE Capital Corporation. No Gimmicks.