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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

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This is intended to create the basis for a successful industrialisation of quantum computing in Germany and Europe. In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers. —Peter Altmaier, Federal Minister for Economic Affairs and Energy.

BMW 221
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Study finds global oil demand likely to grow despite pandemic, climate policies

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Only under the final scenario—named “Forced Revitalization”—in which the pandemic’s disruptive impact to the global economy and mobility combined with strong government intervention to accelerate alternative technologies did oil demand decline after 2025. Lines represent global oil demand by study scenario.

Oil 259
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European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

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The response to COVID-19 is having a major impact on the economy, with retail and manufacturing activity crippled without precedence and concerns mounting on consumer sentiment. Purchase and investment incentives should be based on similar criteria across Europe, drawing on both national and EU funding.

Renewable 207
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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. The exception to this is China, which has been.

2018 276
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Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

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The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. Knittel did not analyze the program’s other key objectives: stimulating the economy and providing relief for automobile manufacturers. However, the. However, the. pollutants.I

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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March appears to have been solid, on preliminary data, and April may even reach prior-year volumes thanks to strong government stimulus, but we do not see all of the lost volume being made up. The local industry is already recovering, with commercial vehicle plants re-opened.

2020 191
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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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Here’s another example: the WSJ reports that oil prices are entering a “sweet spot,” a range between $50 and $60 per barrel that could finally be good for the global economy—low enough to provide consumers with a bit of a stimulus, but high enough to keep the industry and capital spending afloat.

Oil 150