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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

Natural gas and other alternative fuel vehicle technology is basically mature, the government said, and is headed toward initial industrialization. However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies.

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Are Rising EV Inventories Proof Nobody Wants Them?

The Truth About Cars

Despite elevated fuel prices, aggressive marketing, and most companies vowing to transition toward building electrified automobiles exclusively, America has an EV supply of more than 100 days on dealer lots. However, government incentives (EV tax credits) have made them more attractive in the general sense.

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The World’s Most Popular EVs Aren’t Cars, Trucks, or Motorcycles

Cars That Think

billion in tax credits to further stimulate an already booming EV market that Elon Musk hasn't even dabbled in. They're a way to potentially free up precious street space, provide alternatives to automobiles and reduce energy consumption and harmful emissions. Industry analysts expect that uptick in adoption to continue.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

The biggest barrier is the battery." GMs program relies on lithium-ion battery technology that Gioia called "cost, weight and package prohibitive." The electrification of the automobile is inevitable." This is different from anything Ive ever seen in my 40 years in the automobile industry." ( Detroit Free Press ).

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

Tony Karrer Delicious EVdriven

Engineering proptypes enjoy a tax break. Companies can not sell engineering prototypes in which the company got R&D tax breaks in developing the product. Toyota Prius modders have already been adding larger batteries so the vehicle can run on battery power. But companies can not sell engineering prototypes.

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