This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China. Purcell, Jr.,
As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. Overall, Ener1 reported 2008 revenues of $6.8 million compared to $280,000 in 2007.
Meanwhile, the mid-2022 passage of the CHIPS Act in the United States yielded a multi-billion-dollar investment pool, some of which dedicated to ramping up American manufacturing of the mature-generation chips upon which many industries—auto and otherwise—are so dependent. considered getting into the chip-stimulus game as well.
According to Marcero, who is part of the firm’s Corporate Advisory and Restructuring Services team based in Southfield, Mich., Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the autoindustry. The rewards for successful execution will be great. Laura Marcero
At the same time, the value to the economy and environment of a major push for plug-in cars as part of the recovery hasn’t sunk in at the top. And these days a billion dollars is barely a rounding error in the money going to prop up the American autoindustry. Chrysler was told to consummate with Fiat quickly or else.
Similarly, in China, the sheer size of the autoindustry and the country’s ambitious clean-energy goals suggest a potentially huge market for electric cars. China overtook the US last year as the largest auto market in the world. The third phase will be released around 2015. US, China partner on electric cars.
The autoindustry is now gearing up to hash out those standards at the SAE conference in Detroit next week — and GM has a major stake in getting them out swiftly. Artificial Moore’s Law for Cleantech: Renewable Standards, by Steps : [.]
NI’s CEO reports an industry-wide recognition that test data is an underutilized asset and many systems need to be rebuilt to take better advantage of very rich data sets. Q&A with NI CEO Eric Starkloff (Full interview) The sense of urgency in the autoindustry is palpable as it undergoes the transition to EVs.
’s expertise on the autoindustry in general, we are concerned that in its understanding of future pathways, it offers a flawed analysis and predictions based on business-as-usual,&# notes a posting on the California Car Initiative’s Web site. That… may take some doing on GMs part. and Chrysler.
Claim to fame: part and parcel of the regulations-driven surge, Portugal went from 4.9% France’s autoindustry is probably the largest Western autoindustry that goes completely under the radar in the US. EV share, with ~20k sold. Claim to fame: Peugeot-Citroen jumps into the fray — but Zoe takes the cake.
The Three Prongs of the “Green&# Energy Stimulus Pa. As part of the solution framework, the Israeli government will provide tax incentives to customers, Renault will supply the electric vehicles, and Project Better Place will construct and operate an Electric Recharge Grid across the entire country. SZ (1) 6753.T
The state of Michigan, which has seen its economy decimated by the collapse of the gas-powered autoindustry, is pouring incentives into the alt-car market. The idea is to electric vehicles more competitive with conventional, gas-powered vehicles, so that a purchaser can consider paying roughly the same amount for either.
However, these results are being driven in part by elevated incentive levels, which represent a meaningful risk to the long-term health of the autoindustry. —Deirdre Borrego, senior vice president and general manager of automotive data and analytics at J.D. million units, up from 13.8 million units in November 2015.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content