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The Government of India unveiled a transport stimuluspackage on 3 February 2009 to provide central funding to purchase buses for urban transport systems. Approximately 60,000 auto rickshaws in New Delhi, India were required to convert to compressed natural gas (CNG) for fuel.
Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 China unveiled a support package for the auto industry early this year, cutting purchase taxes for cars with small engine capacities and providing subsidies to rural purchasers. People’s Daily.
The market for alternative fuel vehicles is being strongly supported economic stimuluspackages and other government programs in at least 13 markets. 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.
“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 auto industry as well as for society. .
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.
Expectations for increased demand for industrial materials were further dampened by the failure of the National People’s Congress in March to come up with a major real estate stimuluspackage. China’s crude steel production minus steel consumption in January-March was about 27.14
The new administration’s stimuluspackage allots $2B for advanced batteries, $300M for federal and states fleets to buy new clean fuel vehicles and $7,500 tax rebate for PHEV, with yet more money in the Auto-Industry Re-tooling fund. No on has a lock on this future; everything is up for grabs.
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 auto industry 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. I cheer his rapid action less than a month after taking office to start getting us out of the Bush Depression - both literally and figuratively. Investing in Scientific Research (More than $15 Billion).
Since the general auto market remained slumped, global EV market share increased nicely from 2.8% France’s auto industry is probably the largest Western auto industry 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. Yup, yup, yup.
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