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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 —Mark Wakefield, a director in AlixPartners’ Global Automotive Practice. million units in 2011 and only 13.6 million in 2012.

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Google’s technology campaign for autonomous driving

Green Car Congress

Search engine giant Google is looking for partners within in the auto industry to help launch one of the most significant applications of artificial technology over the next several years, the self-driving car. —Allen Taub, former GM VP, Global R&D. million people/year are killed in auto accidents globally.

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Volkswagen Group launching major electro-mobility campaign in China; $25B on new vehicles, technologies and plants up to 2018

Green Car Congress

17 Group models already meet the updated legal requirements set by the Chinese authorities to qualify as “especially energy-efficient vehicles.”. China will be an integral part of the Group’s “Future Tracks” initiative, which addresses the nascent digitalization era in the auto industry. —Martin Winterkorn. billion (US$25.1

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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

Green Car Congress

The major climate and energy bill introduced last week by House Select Committee on Energy Independence and Global Warming Chairman Henry Waxman and Subcommittee Chairman Edward Markey— H.R. Do not preempt California’s legal authority to adopt and enforce its own mobile source emissions standards. Electric Vehicle Infrastructure.

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Geely acquiring flying car startup Terrafugia

Green Car Congress

Terrafugia will also benefit from the Geely Group’s significant expertise and track record of innovation within the global auto industry. Under the terms of the agreement, Terrafugia will remain domiciled and headquartered in the US, and continue to focus on its existing mission of developing flying cars.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. “In the near-term, we expect to see some consolidation in the battery industry, with a few leaders taking the lead. Click to enlarge. Earlier post.).

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Elon Musk raises awareness of Twitter’s lack of transparency on ad audits

Teslarati

What Elon Musk and his legal team want from the two firms are any documents or communications of their involvment in reviewing accounts or participating in any audit of Twitter’s user base. Singapore held the highest level of global desktop display ad fraud rates with 4.1%.

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