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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies. 2012 Chinese Auto Industry Development Report. Experts urged greater efforts on China’s part to boost development of the new energy vehicle industry.

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ISU study finds large potential for biobased materials in auto industry, but with challenges

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A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. Their report, “Biobased Automobile Parts Investigation”, was developed for the USDA Office of Energy Policy and New Uses. Cost to manufacture is one of the main considerations.

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Mitsubishi Rayon acquires majority of carbon fiber reinforced plastics company Wethje; targeting auto industry

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(MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG.

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Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

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At the Geneva show, Winterkorn introduced the Future Tracks program by saying : Over the next few years, our industry will face one of the greatest upheavals since the invention of the automobile. One of the main challenges for our industry will be to adapt even faster to the changing needs of customers. Winterkorn.

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China Auto Ownership Expected to Exceed 200M in 2020

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Estimated automobile ownership in China will exceed 200 million by 2020, causing serious energy security and environmental issues, according to Wang Fuchang, director of the Department of Equipment Industry under China’s Ministry of Industry and Information Technology. People’s Daily.

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CAR report quantifies automotive’s position as a leading high-tech industry

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A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Additionally, the auto industry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.

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All Western European Countries Will Have CO2-Related Car Taxation This Year; European Auto Industry Urges Harmonization of Schemes

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Romania was the first and so far only Eastern European Member State to introduce CO 2 -related taxation last year as part of a more comprehensive overhaul of vehicle taxation in the country.

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