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Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

billion program provided a short-term boost in vehicle sales; however, some of these sales were pulled forward (or borrowed) from sales that would have occurred in the future in the absence of the program. In the event of a future economic recession, we would not recommend repeating the CARS program. miles per gallon (9.4 million tons.

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

Green Car Congress

In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers. In its position paper , QUTAC sets specific steps: First, the need for quantum computing in the German economy is to be identified in order to create the basis for a cross-industry application portfolio.

BMW 221
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ITF: worldwide transport activity to double by 2050, emissions to rise 16% compared to 2015

Green Car Congress

Gearing stimulus packages towards decarbonization. The report presents three main policy scenarios for the future of passenger and freight transport, and all transport modes. This would require: Putting in place ambitious low-carbon policies now; Reinforcing positive behavioral changes caused by the pandemic; and.

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

Green Car Congress

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. Demand stimulus will boost the utilization of our manufacturing capacity, safeguarding jobs and investments. Support up- and re-skilling of the labor force.

Renewable 207
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Continental Mobility Study 2020 finds many people still have doubts about EVs

Green Car Congress

The majority of people in Germany (59%) cannot imagine buying an electric vehicle in the future. A lack of charging stations is cited more frequently as an argument against buying an electric car in the near future in larger cities. All five countries offer purchase premiums for electric vehicles, for example.

2020 259
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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

Green Car Congress

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. pollutants.I Economic Impact?

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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Crude steel production in China also increased 6 per cent to 261.6 million tonne, according to Nikkei Asia.

Chinese 40