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Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry. People’s Daily.
The global automotive industry is receiving close to US$44 billion from governments around the world to develop alternative fuel technologies, analysts at Deloitte reveal. The market for alternative fuel vehicles is being strongly supported economic stimuluspackages and other government programs in at least 13 markets.
“Measures aimed at spurring innovations that will increase the electrification of road transportation, such as those announced today, are to be welcomed as extremely good news for the autoindustry as well as for society. .
Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Crude steel production in China also increased 6 per cent to 261.6 million tonne, according to Nikkei Asia.
New Delhi: China is expected to amplify its stimulus efforts next year, potentially boosting demand for metals, with copper consumption forecasted to rise, the Commodity Outlook Report 2024 by ICICIDirect said in a report.
Automakers unveiled more than a dozen production-ready, plug-in electric and hybrid electric vehicles at the Detroit auto show earlier this month, many of which will be on dealership lots between 2010 and 2012. So instead, Edison and auto manufacturers are turning to “smart metering&# technologies.
A powerful roster of key industry players in the rapidly evolving electric vehicle arena will come together at Infocast’s Opportunities in Grid-Connected Mobility in San Francisco, California. A key goal of the Obama administration is to have one million ‘PHEVs’ or a fully electric vehicle on the road by 2015.
policy shifts to favor battery-powered autos. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimuluspackage approved in February for buyers of plug-incars. Honda, the world’s largest engine maker, set a goal ofleading the industry in hydrogen fuel cell autos. millionthis year from $211.9
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. OStatic] Nokia E71x Expected on May 4th: Here’s Reading Material Until Then [jkOnTheRun] Renewable Standards to Spur Moore’s Law for Cleantech?
This bill is not only the most sweeping economic recovery package in our nation’s history, it’s also the greenest. The coal industry is about to get what’s coming to them and not a moment too soon. Investing in Scientific Research (More than $15 Billion). Consumers to Benefit from Tax Relief, More Green Jobs.
Since the general auto market remained slumped, global EV market share increased nicely from 2.8% France’s autoindustry is probably the largest Western autoindustry that goes completely under the radar in the US. If Norway also had an auto or EV-battery industry, no country could catch it in the charts.
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