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Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America.
SEMI Taiwan launched the SEMI Auto IC Master, a comprehensive guide to automotive semiconductor and component providers in Taiwan. The guide is available through an online account or in hard copy and can be purchased by contacting the SEMI Taiwan representatives listed on the SEMI Auto IC Master webpage.
The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. The bill also includes a reporting requirement for State agencies that purchase vehicles.
Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.
According to the Beijing Municipal Commission of Development and Reform, the city will not take administrative measures to restrain residents from buying automobiles in order to deal with the growing congestion resulting from the increasing size of the city vehicle parc. People’s Daily. There are 66.1 billion population.
China-based and -focused CCID Consulting estimates that the China passenger vehicle market will need at least 1.802 million tons of aluminum sheets annually, assuming that aluminum replaces 15% of the steel used in automobile manufacturing by 2015. Specifically, CCID says, aluminum sheets for automobile body will be the most promising sector.
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. L/100km (40 mpg US) or less.
Toyota Motor Corporation unveiled two BEV concept models, the bZ Sport Crossover Concept and bZ FlexSpace Concept, at Auto Shanghai. It is being jointly developed by Toyota; Guangzhou Automobile Group (GAC); GAC Toyota Motor; and TMEC, and is planned to be produced and sold by GAC Toyota Motor.
Gen Y’s strong affinity for hybrid vehicles could make it the “ generation that leads us away from traditional gasoline-powered vehicles ,” reports Craig Giffi, vice chairman and automotive practice leader at Deloitte LLP, after seeing the results of Deloitte’s annual survey of consumers and what they want in an automobile.
Oklahoma Governor Mary Fallin, Colorado Governor John Hickenlooper, Oklahoma Secretary of Energy Michael Ming, and Oklahoma Secretary of Commerce Dave Lopez met with US auto manufacturers in Detroit to pitch a multi-state, bi-partisan compressed natural gas (CNG) vehicle initiative. In April, Govs. —Gov. Hickenlooper.
(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.
The most purchased new car in Switzerland is a Tesla, according to a report by RebelinkPress, which cited Reuters, and a report presented by the Association of Automobile Importers, Auto-Suisse. According to the report, the market for new cars in both Switzerland and Liechtenstein ended 2021 with a 0.7% Due to […].
a member of China-based Guangzhou Automobile Group Co., The tentative name of the JV is Guangzhou Nidec Auto Drive System Co., GAC Components is a subsidiary of major Chinese car manufacturer Guangzhou Automobile Group with the sixth-largest market share in the increasingly environmentally strict China.
Including hybrid-electric vehicles, it will strive to electrify 100% of its automobile unit sales in Japan by 2030. Honda is formalizing its goals for achieving carbon neutrality for all products and corporate activities by 2050, as well as zero traffic collision fatalities involving Honda automobiles and motorcycles globally by 2050.
American Honda Motor will temporally adjust automobile production at all six Honda auto plants in the US and Canada due to the disruption of the flow of parts from Honda suppliers in Asia because of the ongoing flooding in Thailand. Auto production will be at approximately 50% of the original plan through 10 Nov. Earlier post.).
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
Under current law, consumers may receive a tax credit of up to $7,500 if they purchase an eligible electric vehicle. The Driving America Forward Act raises the cap and allows purchasers of an additional 400,000 vehicles per manufacturer to be eligible for the tax credit. ITC Holdings Corp., ITC Holdings Corp.,
Representatives from automakers are meeting with Oklahoma Governor Mary Fallin and procurement experts to ask questions surrounding a recently issued multi-state request for proposal (RFP) for affordable and functional compressed natural gas (CNG) vehicles for use in state automobile fleets. The objective behind our efforts is simple.
China-based internet company LeEco unveiled its LeSEE electric car concept this week at Auto China 2016—The 14th Beijing International Automobile Exhibition. Ding also served as the Deputy project lead for Shanghai Automotive Industry (Group) Corporation and oversaw the purchase of MG Rover. Earlier post.)
(Image credit: Shenlan) Shenlan, Changan Automobile's new energy vehicle (NEV) brand, is offering consumers tens of thousands of yuan in incentives to purchase vehicles as the auto price war in China continues. In addition to the Shenlan brand, Changan is offering car purchase incentives for its other sub-brands.
Pataki suggested some approaches: Autos. Incentivize auto manufacturers, for example, by exempting the profits resulting from the sale of the first 10 million vehicles that deliver more than 75 mpg from any corporate taxes. Incentivize the market on all three of these spaces and the market will change consumer behavior.
The International Council on Clean Transportation (ICCT) has published a new white paper detailing the differences in the fiscal policies used to support electric vehicle sales across eleven major auto markets. Norway has the highest share of electric automobile sales (BEV and PHEV combined) at about 6% of all passenger cars sold in 2013.
According to a new Accenture study of 1,800 consumers in Germany, France, Italy, Canada and the US, while interest in hybrid and electric vehicles may be growing, consumers do not see fuel savings as the only purchasing factor and are demanding more from automakers. Selected Results from Accenture Global Auto Consumer Survey, March 2010.
Through agreements with Honda Transmission, Juhl will generate electricity for the plant, and be responsible for the interconnect agreement with the Logan County Electric Cooperative and the power purchase agreement with Buckeye Power, Inc. auto plants in Marysville and East Liberty, Ohio have ongoing initiatives to reduce energy consumption.
ZAP has received a purchase order from Samyang Optics Co. of Korea for 100 electric SUVs to be built through a partnership with China auto manufacturer Zhejiang Jonway Automobile Co. This initial purchase order is phase one of our business plan in introducing ZAP's electric vehicles to Korea. Earlier post.).
Fiat has boosted its interest in the Chrysler Group by another 5% following Chrysler’s achievement of the “Ecological Event”—receiving regulatory approval for an automobile based on a Fiat platform or vehicle technology having a fuel efficiency rating of at least 40 combined miles per gallon (5.88 Earlier post.). —Fiat S.p.A.
Any purchaser of a program electric vehicle (the Chevrolet Volt; the Ford Transit Connect and Ford Focus Electric; or the smart fortwo electric drive), whose home is located within one of the nine target regions, will be eligible to receive a home charging station at no cost. The remaining stations will be installed by September 2011.
EnerDel has signed of a letter of intent (LOI) for a new joint venture with the electric vehicle division of Wanxiang, the largest Tier One auto parts producer in China. Wanxiang is China’s largest auto parts supplier and second largest private company, with more than US$10 billion in annual revenue and 30,000 employees.
Since the MOU signing, state regulators, the auto industry and infrastructure developers and other stakeholders have shared information and best practices to help move this effort forward. Encourage private fleets to purchase, lease, or rent ZEVs. Evaluation of the effectiveness of various local, state and national purchase incentives.
The purchase builds off Lithia’s tiny footprint within the Mid-Atlantic environment and provides the automobile store a large presence right through Virginia. Lithia additionally purchased 3 dealerships alike Washington, D.C.: The got dealerships within the Chesapeake, Hampton and Newport Information, Va.,
There were cases of public changing petrol or diesel automobiles into electrical. However almost certainly for the primary date somebody has transformed an electrical automobile right into a solar-powered one. He purchased an electric three-wheeler thinking it would save him money. However, it turned out be an ordeal too.
Tesla Giga Shanghai posted record delivery numbers during an overall weak month for auto sales in China, revealing its strong hold in the local market. . China Auto Market Status. The CPCA released data from last month, revealing that auto retail sales dropped by 9.2% Credit: Gary Black /Twitter). compared to 2021.
When asked to name an alternative fuel technology other than gasoline powered automobiles, 56% said electric vehicles while nearly a third identified gasoline-electric hybrids. This research is instructive for auto manufacturers, dealers and other stakeholders as to current consumer perceptions that should either be corrected or reinforced.
(Image credit: Rising Auto) SAIC Group's Rising Auto has officially launched the battery swap-enabled mid to large-size sedan, the F7, its second model. The car supports battery swap as NIO's models and allows consumers to purchase the vehicle body and rent a battery. minutes under ideal conditions.
Broadly, the survey found that the majority of consumers’ in the world’s four largest automotive markets either identify themselves as potential first movers, or at least willing to consider purchasing an electric vehicle (China 93%, Europe 69%, US 54%, and Japan 48%). of GDP, and the reduction of carbon emissions by 17%. liter a liter ($2.85/liter,
International Auto Holdings plans to shop for British automotive dealership chain Lookers for approximately 465 million kilos ($595 million) in money. Lookers is Europe’s fifth-largest auto retail team, in keeping with Car Information Europe’ s Information to Europe’s Largest Sellers.
The partnership between Blink and Hubject, which will become operational in early 2019, will provide new opportunities for Blink and auto dealers by providing enhanced access for Blink to car buyers at the point of sale.
With Tesla and India still working out the finer details for its apparent partnership that would see a new Gigafactory come to the country, a new statement from a government official shows that the automaker will purchase billions of dollars worth of automotive components from the country. Tesla plans to source between $1.7
Tesla’s rumored sale of its regulatory credits to Volkswagen to help the German automaker reach emissions targets is likely to last “two to three years,” according to VW Auto Group CEO Herbert Diess. It appears Volkswagen will still purchase credits from Tesla. This was due to the merger between Peugeot S.A.
Rusnak Auto Group. Grand Touring Automobiles. Wanxiang Group purchased the assets of Fisker Automotive in 2014, choosing the Karma Automotive name for the new company in 2015. Holand Automotive. Karma Pasadena (greater Los Angeles). Karma of The Main Line (greater Philadelphia). RDS Automotive Group. Suburban Collection.
The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations. percent from February, according to data released today by the China Association of Automobile Manufacturers (CAAM). percent year-on-year and up 24.4 percent from February.
The CFA report examines historical and current day mileage and pricing data as well as new polling data to determine what consumers want and need, whether or not the auto industry can deliver on those needs, and whether or not fuel economy improvements will be cost prohibitive. Poll Results.
The next-generation fuel cell system which is being developed jointly with General Motors will move on to the next stage that includes production and purchasing, aiming at a product launch around 2020. The roles and responsibilities of each area such as production, purchasing, quality, service and sales will be further clarified, he said.
To be sure, legislation such as 2021's Infrastructure Investment and Jobs Act and 2022's Inflation Reduction Act seeks to address those challenges, with billions in federal funding for building a national EV charging network, boosting domestic battery production and lowering EV purchase costs for consumers. We talk to customers every day.
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