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Firefly & Hyundai Motor America create pilot program to offer rideshare fleets & drivers new vehicles with bonus income up to $3,600/year

Green Car Congress

With opportunities for drivers to earn additional income upon purchasing a new vehicle by having Firefly’s smart display screen technology integrated onto and inside each vehicle, Hyundai Drive by Firefly could help cover monthly car lease/financing costs for qualified drivers and fleets for the duration of the program.

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MEG expanding heavy-duty electric truck efforts; succsessful testing of mine vehicle

Green Car Congress

MEG, in conjunction with leading battery technology partners, and other associated MEG partners, has recently invested significant time in the heavy truck category, resulting in successful testing of the EV concept in a number of mines. Ideanomics is a global Financial Technology (Fintech) company for transformative industries.

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German government awarding €50M in subsidies to 31 projects for municipal electromobility; issues fourth funding call

Green Car Congress

This means that a total of more than 420 cars, well over 100 buses, around 110 special and commercial vehicles and more than 425 new charging points will be purchased and built. Procurement of electric vehicles in the taxi industry and car-sharing companies is also being supported.

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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

Green Car Congress

The government of China—now the world’s largest automotive market—has made vehicle electrification central to its plan for growing the automotive market both domestically and internationally, and accordingly has created many national and local incentives for plug-in electric vehicle (PEV) purchases. BEV/PHEV cars that were.

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China’s EV Subsidy

Revenge of the Electric Car

China is starting a program to subsidize buyers of battery-powered and plug-in hybrids. BEIJING—China will subsidize buyers of battery-powered cars and plug-in hybrids under a pilot program aimed at keeping the country competitive in the global race to develop an electric-vehicle industry, but which also risks a public backlash.

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India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

Earlier in 2019, the study showed that in 2019, electric vehicles powered by batteries were not yet cost competitive when compared to gasoline, diesel, or compressed natural gas (CNG) vehicles. The assumption has been made that the purchased and owned vehicles by the ride-hailing drivers are meant to an amortization period of 5 years.

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World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives

Green Car Congress

A newly released report financed by the World Bank and prepared by consultancy PRTM analyzes China’s New Energy Vehicles Program, as well as the Ten Cities, Thousand Vehicles Program, in the context of these megatrends and concludes that the overall value chain shift could favor China from both a technological and supply chain perspective.

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