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Volvo Car Group boosts production of V60 PHEV by 90%; 7,600 units in 2013

Green Car Congress

The driver can also choose to cover up to 50 km (31 miles) on battery power, or use the combined capacity of the diesel engine and electric motor to deliver 215+70 horsepower and 440+200 N·m of torque. The two companies have financed the development project jointly.

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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

Green Car Congress

In the first few months of 2012, Fisker has continued to raise private equity investment to fund its expansion plans, securing $174 million of additional private financing since the start of the year. The latest funding has lifted the overall financing beyond $1 billion since the start of the company in 2007.

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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

The plan lays out steps to strengthen the key core technology for new energy vehicles, including: Vigorously promoting battery technology and innovation, with a focus on battery power system security, reliability studies and lightweight design. Electric drive system power density of 2.5 Fuel cell stack research.

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1-year customer field trials of FUSO electric Canter in Portugal show 64% lower costs, 37% reduction in CO2 given local power mix

Green Car Congress

In addition to delivering a 64% savings in operating costs compared to conventional diesel trucks, the Canter E-Cells also reduced CO 2 emissions by 37% compared to diesel, taking into account the current power production mix in Portugal. All in all, the eight vehicles travelled 51,500 kilometers (32,000 miles) without any problems.

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Following the Money in the Air-Taxi Craze

Cars That Think

Today, Joby has more than 1,000 employees and it’s backed by close to US $2 billion in investments, including $400 million from Toyota Motor Corporation along with big infusions from Uber and JetBlue. The cost of an Uber varies by city and time of day, but it’s usually between $1 and $2 per mile, not including fees.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

GM Stock Chart: Yahoo Finance. On January 28 GM announced that it plans (aspires) to exclusively offer electric vehicles by 2035, ending production of its cars, trucks and SUVs with diesel- and gasoline-powered engines. If you think about General Motors, we are strong in the middle of the country. in the last 12 months and 223.9%

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Cash for Volts?

Revenge of the Electric Car

However, “we’re talking about heavy investment&# in cars, batteries and supporting technology, said Nissan Motor Co. cents per mile traveled, compared with 12 cents per mile for a gas-powered car, advocates say. (FDX) Chairman and Chief Executive Fred Smith, one of the coalition members.

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