article thumbnail

Current issue of fka/Roland Berger E-mobility Index drops US to 4th place

Green Car Congress

Besides an updated comparison of the competitive positions, a focus of this issue is on the market effects of the COVID-19 pandemic and the developments in emissions legislation, especially in Europe. Increased sales volumes in Europe are to a large extent due to the purchase incentives contained in stimulus packages.

article thumbnail

Valence Considering Building Battery Plant in US or Europe

Green Car Congress

is considering building a battery plant in the US or Europe and will look into the possibility of funding from the economic stimulus package proposed by President Barack Obama. Valence is also very focused on the developing hybrid and electric vehicle market in Europe. Statesman.com. Earlier post.]. Earlier post.)

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

IHS Markit forecasts 18% drop in global vehicle sales YoY to 73.3M units under extended lockdown scenario

Green Car Congress

17% Europe vehicle sales decline YoY to 17.1 A 15% probability of an extended lockdown with ineffective stimulus scenario contains stringent virus-fighting efforts lasting into the third quarter of 2020. Stimulus measures prove ineffective at backstopping crisis and unemployment rates spiral. million units. million units. -17%

Global 221
article thumbnail

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

While carbon credits are projected to sell in the US for about $28 per ton (current price in Europe is about $20), Knittel found that the best-case estimates of the cost of the clunkers rebate is $237 per ton. do not discuss the merits of the program in terms of stimulus. However, the. pollutants.I Christopher R.

article thumbnail

thyssenkrupp Steel, HKM and Port of Rotterdam jointly investigate setting up hydrogen supply chains

Green Car Congress

Vast imports of hydrogen will be necessary if Europe and Germany want to reduce CO 2 emissions and become climate-neutral by 2050, while maintaining its strong industrial backbone. thyssenkrupp Steel Europe is one of the world’s leading suppliers of carbon steel flat products.

Hydrogen 305
article thumbnail

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

Green Car Congress

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
article thumbnail

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

Green Car Congress

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