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China's transition to new emission standard: How will this affect auto market?

CN EV Post

Analysts believe the impact of the transition will not last long and will have less of an impact than the last switch in standards in 2019. The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. percent in February, up 2.0

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More auto plant shutdowns for COVID-19

Green Car Congress

Joining BMW, Ford and FCA in suspension of production in the US due to COVID-19 ( earlier post ) are: Toyota is temporarily suspending production at all of its automobile and components plants in North America, including Canada, Mexico and the US, through 3 April. Tesla will suspend production at its Fremont plant on 23 March.

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1.65 lakhs electric vehicles supported under the FAME II scheme 

Electric Vehicles India

Press Release: Ministry of Heavy Industries supports 1.65 Ministry of Heavy Industries( MHI), under Phase-II of FAME India Scheme, supported about 1.65 Phase- l of the scheme was available up to 31st March 2019. 01st April 2019 with total budgetary support of Rs. 01st April 2019 with total budgetary support of Rs.

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Constellium to open Mexico plant for automotive aluminum structural components

Green Car Congress

This plant, located in San Luis Potosí, will allow Constellium to respond to increasing demand for lightweight, high-strength aluminium Crash Management Systems and automotive structures for the expanding auto industry in Mexico.

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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

Green Car Congress

We attribute this to a number of factors, including the economy and the increasing quality of today’s automobiles. years by 2019. This while VIO is up 1.5%, a rate the auto industry hasn’t seen in the US since 2004-2005. Looking ahead, IHS forecasts that average age of vehicles is likely to remain at 11.4

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Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The scaled-up FAME II, effective from April 2019, has an outlay of INR 100 billion (USD 1.4 The Indian market has now witnessed some decent growth in the EV industry in FY20-21. It is decreased by around 20% to 2,36,802 when compared to 2,95,683 units in FY 2019-20. billion (USD 130 million). per cent growth.

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Volkswagen & Audi to pay >$14.7B in US to settle 2.0L diesel emissions case; $2B of that to promote ZEVs

Green Car Congress

If approved by the Court, this will be the largest consumer auto industry class action settlement in US history. liter vehicles by 30 June 2019. The proposed consumer settlement was filed in the Northern District of California as part of the multidistrict litigation currently being overseen by Judge Charles M. Vehicle Buyback.

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