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Only under the final scenario—named “Forced Revitalization”—in which the pandemic’s disruptive impact to the global economy and mobility combined with strong government intervention to accelerate alternative technologies did oil demand decline after 2025. Lines represent global oil demand by study scenario.
This will take place within the framework of the German economic stimuluspackage (Konjunkturpaket II) and other national and state programs to jointly address standardization and cost reduction issues. billion) in the development of fuel cells. Since 1994, Daimler has invested more than €1 billion (US$1.5
The global automotive industry is receiving close to US$44 billion from governments around the world to develop alternativefuel technologies, analysts at Deloitte reveal. The market for alternativefuel vehicles is being strongly supported economic stimuluspackages and other government programs in at least 13 markets.
The stimuluspackage is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Five months ago.
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