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Zero-Emission Truck (ZET) Coalition calls for government to prioritize investments benefiting ZETs

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The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.

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China Car Sales Likely Hit New Record in April

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Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Official figures for vehicle production and sales are scheduled for release next Monday. Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry.

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China Forecast to Produce 12M Vehicles This year

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Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the NDRC. Sales of China’s domestically-made automobiles totaled 1.09 Sales of China’s domestically-made automobiles totaled 1.09

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PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012

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Consumer demands and regulatory requirements are motivating the global automotive industry to push ahead with technological breakthroughs on a larger scale ,” said Rick Hanna, PwC’s global automotive leader. Global automotive industry regional highlights include: North America. Autofacts sees full-year 2013 sales reaching 15.6

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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

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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. In the US hybrids fell from about 3% of total sales in 2008-09 to 2.2%

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This is How the COVID-19 Pandemic Affect The Global EV Market

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The COVID-19 control measures and the economical crisis that followed took a massive toll on the global automotive and manufacturing industries. As a result, a huge drop in sales in the automotive sector was reported worldwide. The main reasons for global automotive sales drop are, The purchasing power of consumers decreased.

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1.

Boston 199