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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. Additionally, in 2012 the Chinese Ministry of Finance announced it would provide annual subsidies up to two billion yuan ($323.6 China Electric (Battery) Fuel Efficiency Oil Policy'

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Potsdam/TUB/BMW report says cap-and-trade instrument for road transport fuels combined with vehicle efficiency metrics is the most promising policy approach to reduce transport GHG

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A cap-and-price scheme with a target quantity and corresponding price can alleviate rebound effects and perverse incentives of fuel efficiency and low-carbon fuel standards. The study, written by scientists of the Technical University Berlin (TUB) and PIK, was commissioned and financed by the BMW Group. Source: CITIES.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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While this is a threat for business, there are also opportunities to grow commerce and create jobs, and to innovate to address the needs of growing populations for agriculture, sanitation, education, technology, finance, and healthcare. The Nexus approach.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

We have rock-solid finances. With electromobility, the automobile industry faces a fundamental technological upheaval.Our path leads away from oil, to emission-free mobility, and the electric car plays a key role.CO The perspective of rising oil prices is a turboboost for a change in customer behavior, he said.

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Career Opportunities in the Electric Vehicle Industry

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We all are aware of the paradigm shift happening in the global automotive industry. The industry is trying to come up with more energy-intensive power sources. The honorable finance minister had said that the private sector would receive assistance in developing the necessary infrastructure for the development of the EV ecosystem.