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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

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China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. China Daily. of the total.

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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

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Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure.

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Auto Industry Backs Additional Funding for Research into Impacts of Mid-Level Ethanol Blends

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The Alliance of Automobile Manufacturers (AAM) and the Association of International Automobile Manufacturers (AIAM) sent a letter to US House and Senate Energy and Water Appropriators in support of additional funding to complete research into the impacts of mid-level blends of ethanol. Source: Joint IEPR/TC workshop.

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DOE Closes $465M Loan to Tesla Motors

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The US Department of Energy has closed its $465 million loan with Tesla Motors, Inc. for construction of a manufacturing facility in southern California on the Model S electric sedan and a power-train manufacturing facility in Palo Alto, California. billion to Ford Motor Company. Earlier post.). and Fisker Automotive.

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SAE International Forms New Committee to Create Vehicle Battery Standards

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The SAE Vehicle Battery Standards Committee will report to the SAE Motor Vehicle Council, which is responsible for development of all passenger car, light duty truck and van standards within SAE International. The Alliance of Automobile Manufacturers fully supports the creation by SAE of a new Vehicle Battery Standards Committee.

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GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

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General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Terms of the sale were not disclosed. Headquartered in Saginaw, Mich.,

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Waxman/Markey Bill Accelerates Infrastructure and Build-out for Plug-Ins, Calls for Harmonization of Motor Vehicle GHG Standards; 3% of Emissions Allowances for Cap-and-Trade Go to Auto Industry

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2454 , The American Clean Energy and Security Act—which establishes a cap-and-trade program also contains a number of provisions for accelerating the deployment of a vehicle charging infrastructure and the manufacturing of plug-in electric drive vehicles. ” Harmonized motor vehicle greenhouse gas emissions standards.

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