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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

Experts urged greater efforts on China’s part to boost development of the new energy vehicle industry. Energy-saving and new energy vehicles have become the development direction of the international automobile industry. The scale of China’s automobile production and sales in the world, is expected to continue to grow.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

"By partnering with these two industries. Plug-in hybrid electric vehicle technologies are not yet competitive due primarily to the high cost of advanced batteries. Ford and SCE will explore whether these batteries have other uses that could reduce their cost to consumers. This is unusual. Red Herring ).

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

It is simply the cost of doing business. "On some products, the costs, particularly in advanced technologies, are high," he said in a lengthy interview with Automotive News (free subscription required). Toyota Prius modders have already been adding larger batteries so the vehicle can run on battery power.

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