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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

2012 Chinese Auto Industry Development Report. The fifth annual report on China’s auto industry—2012 Chinese Auto Industry Development Report—says that the next 20-30 years will be a “critical period” that will see the formation of a global new-energy vehicle industry.

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China Forecast to Produce 12M Vehicles This year

Green Car Congress

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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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

Green Car Congress

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.

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Plug pulled! As PHEV utes launch in Australia, a key tax break is being removed

EV Central

If youre eyeing one of the increasing number of plug-in hybrids arriving on Aussie roads and keen to exploit the fringe benefits tax exemption then act fast! Chinese rival Jaecoo J7 PHEV confirmed for March 2025 launch in Australia READ MORE: Axed! READ MORE: BYD Sealion 6 under threat! The post Plug pulled!

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. Boston-Power, Inc., GSR Ventures has offices in Beijing and Silicon Valley. Purcell, Jr., Earlier post.).

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KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

In fact, Hans Flick, national tax leader for KPMG’s automotive practice noted that executives appear to indicate that the idea of entry level cars may not have met expectations. The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. Investments.

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2025 Volvo EX30 Twin Performance Ultra Review: The fastest production Volvo ever comes with standard sincerity and a dash of devil

EV Central

The Zeekr X and Smart #1 are in-house rivals because those brands are like Volvo members of the giant Chinese Geely Auto Group. All three EX30s qualify for the fringe benefits tax (FBT) exemption if the car is being purchased via a novated lease. Good thing too. That can add up to big savings. Its just too minimalist.

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