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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5

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Groupe PSA & Punch Powertrain to form second JV to expand electrification partnership; DT2 for MHEV and PHEV

Green Car Congress

Punch Powertrain holds majority control in the new Joint 61/39 Venture, which will design, manufacture, and supply Punch Powertrain’s DT2 dual clutch transmission for the industry’s next generation of mild hybrid electric (MHEV) and plug-in hybrid electric (PHEV) vehicles.

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Colorado releases new electric vehicle plan

Green Car Congress

The Colorado Energy Office (CEO), a non-regulatory department within the Governor’s Office focused on reducing greenhouse gas emissions by advancing clean energy, energy efficiency and zero emission vehicles, has released the Colorado Electric Vehicle Plan 2020. BEVs and PHEVs currently on the road in Colorado.

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UK auto industry warns anti-diesel agenda and slow uptake of EVs could mean missing 2021 CO2 targets; rising CO2 average in 2017

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The UK automotive industry warned that the current anti-diesel agenda combined with the ongoing slow take-up of electric vehicles could mean industry misses its next round of CO 2 targets in 2021, with negative consequences for the UK’s own climate change goals. Registrations of HEVs rose by 40.0%, PHEVs by 25.5%

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IDTechEx: Market value for hybrid electric vehicles to peak at $792 billion in 2027

Green Car Congress

In a new report—“ Full Hybrid Electric Vehicle Markets 2021-2041 ”—IDTechEx forecasts that market value for hybrid electric vehicles will peak at $792 billion in 2027. Several European countries have set out plans or regulations to ban the sales of new ICE vehicles in the 2030s.

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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

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Numerous LCA tools have been used to evaluate the GHG emissions associated with various vehicle-fuel technologies, including fossil fuels, biofuels, hydrogen fuel cell electric vehicles (FCEVs), hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVS), and battery electric vehicles (BEVs).

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Roland Berger and fka Index: China to dominate EV market and industry in foreseeable future

Green Car Congress

The consultancy says that China will dominate both the market and the industry in the foreseeable future. The index assess the relative competitive position of the seven leading automotive nations (Germany, France, Italy, the US, Japan, China and South Korea) on the basis of three key indicators: technology; industry; and market.

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