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

Green Car Congress

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. Coupled with this, the momentum could lead to downward adjustment in premium pricing, which helps provide solid foundation for premium vehicle penetration to further increase in China in the next decade.

2015 203

Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

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One of the main reasons which limit the mass adaption of electric cars or EVs is its price difference in comparison with its IC engine counterpart. Auto giants were reluctant to shift their focus from gasoline cars to electric cars.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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In a December 2010 research note on the 2011 outlook for the oil market, Deutsche Bank (DB) analysts have revised their earlier expectations of the pace of near-term transportation electrification trends (slower) and gasoline demand (greater) but note that the developments in the global transportation sector in 2010 have increased their confidence “ in the pace and breadth of the long-term shift to a more efficient transportation system.” Aggressive near-term OEM lease pricing.

2011 217

Can Electric Vehicles Speed Up As The Economy Slows Down?

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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. auto market, are currently suing the federal government to be able to set their own emission standards.

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 stock price and timing of the initial public offering are unknown. 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.

2010 126

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

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The report concludes that while the 1-million unit goal is ambitious, it is also achievable based on steps already taken as part of the Recovery Act along with proposed additional policy initiatives including improvements to existing consumer tax credits, programs to help cities prepare for the growing demand for electric vehicles, and strong support for research and development to continue reducing the cost of electric vehicles.

2011 190

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. The government assisted the shift by giving sugar companies subsidized loans to build ethanol plants, as well as guaranteeing prices for their ethanol products.

2009 261

Nissan’s Big Gamble

Revenge of the Electric Car

The best thing about the Nissan is the expected price range of $25K- $34K. This is before the $7,500 federal tax credit. “A lot of Americans really want to stop using imported oil,&# he says. Pricing isn’t set. Oil vs. electrons. But Ghosn thinks rising oil prices will tilt the economics in favor of electrons. Kurt Sanger, an auto analyst with Deutsche Securities Inc., We’ll finally get to see the new Nissan August 2nd.

2009 116

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

policy shifts to favor battery-powered autos. from its reliance on imported oil. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Honda, the world’s largest engine maker, set a goal ofleading the industry in hydrogen fuel cell autos. customers $600 a month to lease.Honda hasn’t revealed its production price. Oil prices are going to go up.

2009 44

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

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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.

2011 195

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. The Renault-Nissan Alliance and Project Better Place have signed a Memorandum of Understanding to create a mass-market for electric vehicles in Israel which is an excellent target market: it has a sales tax exceeding 60% for gasoline vehicles, gasoline costs over $6 per gallon, most driving fits the range of electric vehicles, and the government strongly supports energy independence.

2009 28