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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

Green Car Congress

China has made progress with automotive energy-saving technologies over the past 10 years through implementing passenger car fuel consumption limits and the use of fiscal policy to encourage the purchase of small cars, the government statement noted. 2012 Chinese Auto Industry Development Report.

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

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However, the study reveals there has been an increase in interest in the US and Chinese markets. The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. However, what drives someone to make the purchase is beyond these benefits.

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China, Two Chinese Firms to Buy Delphis Brakes and Suspension Businesses

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Two Chinese companies and the Chinese government have signed a deal to acquire Delphi Corp.’s s remaining brakes and suspension businesses—the most high-profile acquisition yet by the Chinese in the US auto industry. will purchase a 51% stake, and the Beijing government will own the remaining 25%.

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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 million units in July, up 63.57

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GM China begins prototype battery cell fabrication

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The expanded capability will also pave the way for GM to build strategic partnerships with battery cell and cell material suppliers, and make purchasing decisions as a “smart cell buyer.”. China, the largest auto production and consumption market, has explicitly made alternative energy vehicle development a state strategy.

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Ener1 Receives Commitment for $65M Equity Investment; Negotiating with DOE on Low Interest ATVMP Loan

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Zingarevich, for the purchase of common stock and warrants for $65 million. Ener1 Group will purchase 18,678,161 shares of common stock and 8 million warrants. Ener1, Inc., The investment is expected to close later this week. The new equity injection for Ener1, Inc. Earlier post.).

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CATARC and UC Davis establish China-US ZEV Policy Lab to accelerate adoption of plug-in and fuel cell cars in US and in China

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CATARC is China’s the administrative body that oversees and regulates many activities of the auto industry in China, the world’s largest new-car market, and in the US. Major international and Chinese automotive and energy companies will also be invited to participate. China Fuel Cells Plug-ins Policy'

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