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Chrysler Disbands ENVI Electric Vehicle Group; Function Absorbed into Traditional Line Organization

Green Car Congress

In April 2009, Chrysler unveiled four all-electric Chrysler Town & Country minivan concepts to the US Postal Service (USPS) in Washington, DC. Chrysler spokesman Nick Cappa said on Friday that an in-house team of electric car development engineers had been disbanded in favor of a more traditional organization.

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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

Green Car Congress

The new Indiana plant will give EnerDel the capacity to produce battery packs for approximately 600,000 hybrid electric vehicles, or 60,000 battery-electric cars. EnerDel is referring to the latter as “electric-vehicle equivalents” —about 20-25 kWh.) The Indiana plant will be financed through a $118.5 Earlier post.)

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. passenger cars will outgrow larger vehicles due to favorable policies.

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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

Green Car Congress

This will take place within the framework of the German economic stimulus package (Konjunkturpaket II) and other national and state programs to jointly address standardization and cost reduction issues. The plan envisages around one million electric cars on German roads by 2020. Earlier post.).

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ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

Green Car Congress

ZAP and Jonway will jointly market and sell electric vehicles in China, North America and Europe to broaden market reach. In 2009, China overtook the United States as the world’s largest automobile market with sales increasing 46 percent from 2008 to 13.6

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

Part of the swing in culture has been a downturn in new car sales. Honda too has pinned its recovery hopes on green cars, pushing both hybrid and hydrogen fuel cell technology. Late last week Japanese automotive giant Nissan unveiled its first production ready electric car – the Nissan LEAF (pictured).

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Tesla stock: Morgan Stanley pumps the brakes and lowers PT ahead of earnings

Teslarati

Excess Capacity in China Morgan Stanley said its Chinese team noted sales cannibalization, increased battery capacity and inventory, and the expiration of “certain local stimulus measures” as reasons Tesla may feel the heat. ” This includes Tesla.