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
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.
The Alliance of AutomobileManufacturers (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.
As part of the purchase agreements, Fuel Systems Solutions has agreed to fulfill certain FuelMaker service obligations and has assumed certain outstanding purchase orders. BRC is a leader in the light duty and automobile alternative fuel sectors and has established alliances with several major automobilemanufacturers for OEM projects.
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 automobilemanufacturing by 2015. CCID Consulting Co.,
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.,
The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobilemanufacturers and reduce greenhouse gas emissions. Knittel did not analyze the program’s other key objectives: stimulating the economy and providing relief for automobilemanufacturers. However, the. pollutants.I
Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that cover more than 60% of the electricity that Honda uses in North America. Honda further commits to supplying its operations with 100% renewable energy and has begun taking steps to achieving this goal.
New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European AutomobileManufacturers’ Association (ACEA) reports. Several countries still tax cars on their power, price, weight, cylinder capacity, or a combination of these factors.
The company, expected to become operational this year, will provide internal combustion engines, transmissions, and next-generation dual-motor hybrid systems for use by both companies as well as other automobilemanufacturers. Companies to retain independent corporate structures.
However, the technologies would also increase vehicle purchase costs for consumers, sometimes by as much as several thousand dollars. As a result, automobilemanufacturers are able to create packages of technologies that can meet cost and effectiveness targets in small, incremental steps.
Sales of China’s domestically-made automobiles totaled 1.09 percent from a year earlier, the fifth month in a row that saw auto sales exceed one million units, according to the China Association of AutomobileManufacturers. million units in July, up 63.57
Panasonic also has a position in Tesla, having purchased $30 million of Tesla’s common stock in a private placement transaction that closed in November 2010. —Tesla Quarterly Report (10Q) for quarter ending 30 June 2013.
The investment was made through the purchase of Tesla common stock in a private placement at a price of $21.15 In addition to producing its own vehicles, Tesla also builds electric powertrains, including battery packs, for other automobilemanufacturers. Toyota has also purchased $50 million of Tesla’s common stock.
Volkswagen Mexico has signed a 20-year agreement to purchase 130 megawatts (MW) of renewable energy from Mexico Power Group’s La Bufa wind farm development in Zacatecas, Mexico.
It also considered barriers that automobilemanufacturers and dealerships face in promoting the adoption of PEVs. PEVs have higher purchase prices than comparable conventional vehicles. Some research has shown that purchase rebates can be more effective than income-tax credits, the committee noted.
The researchers also found that dealers’ technological orientation, willingness to sell and displayed knowledge of EVs were main contributors to likely purchase intentions. of the mystery shopping encounters resulted in the shoppers having preferred an EV option for their next car purchase over an ICEV; this drops to just 2.9%
To counteract this, Green NCAP calls on manufacturers to reduce the mass of their products and calls on consumers to make purchasing decisions that not only consider the powertrain of their new cars, but also consider their weight. According to the European AutomobileManufacturers’ Association (ACEA), in 2022, 9.3
The European AutomobileManufacturers’ Association (ACEA) quickly voiced serious concerns about the outcome of the plenary vote on the future CO 2 reduction targets. Currently recharging infrastructure is severely lacking, and consumer incentives to purchase the more expensive electric vehicles remain unharmonized across the EU.
million units, according to estimates from the China Association of AutomobileManufacturers (CAAM). 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.
According to figures released by the China Association of AutomobileManufacturers (CAAM), in the first eleven months of 2012 Chinese self-developed brands exported 470,000 passenger vehicles in total—with automotive manufacturers on average showing a 30% sales increase over 2011 figures.
Audi has opened its e-gas plant in Werlte, making it the first automobilemanufacturer to develop a chain of sustainable energy carriers. Customers can order a quota of e-gas when they purchase the car. Audi’s e-gas plant. Click to enlarge. Earlier post.). This gives it a total range of some 1,300 kilometers (808 miles).
Better and more cost-efficient production methods for energy storage are increasingly in demand, especially in Germany: All major automobilemanufacturers have launched ambitious electric vehicle programs that will ensure a sharp rise in demand for batteries.
The purchase price will not be disclosed. Nagares develops and manufactures a variety of products for the automotive industry, including control units and power electronics for electric auxiliary components and thermal management systems, as well as power converters for e-mobility solutions.
This will include working with the automobilemanufacturers and dealers to ensure that all plug-in electric vehicle models are available for sale and aggressively marketed in all MOU states. Encourage private fleets to purchase, lease, or rent ZEVs. Assessment of creative vehicle financing innovations.
By reaching buyers at the time of their EV purchase, Blink can support a seamless and enhanced experience for drivers across the US, making EV ownership more convenient than ever before.
This was according to an announcement from the China Association of AutomobileManufacturers and the National Computer Network Emergency Response Technical Team/Coordination Center of China. Tesla became one of the first automakers in China to earn a “Vehicle Privacy Protection” certification.
And unlike previous recessions, we’re not just dealing with people’s fears or purchase delays. As the 1 April deadline approached, many customers were holding back from purchasing cars in anticipation of better deals. However, before they could look to buy, COVID-19 struck the industry and disabled purchasing power.
At the Brussels Motor Show, Peugeot signed two Letters of Intent (LOI) agreements with Veolia and Greenwheels concerning the purchase of electric vehicles and the development of mobility services.
The CFA polling data finds continued strong consumer support for the proposed standards, which CFA rounded up to 55 mpg in its question (“ The federal government has proposed requiring automobilemanufacturers to increase the fuel economy of their motor vehicle fleets to an average of 55 miles per gallon by 2025. ”).
A survey by the Japan AutomobileManufacturers Association (JAMA) focused on the “entry generation” of vehicle buyers found that while there has not been any definitive major shift in terms of the basic appeal of cars, fewer young people today have strong feelings towards car ownership.
Purchase and investment incentives should be based on similar criteria across Europe, drawing on both national and EU funding. Demand stimulus will boost the utilization of our manufacturing capacity, safeguarding jobs and investments. —Eric-Mark Huitema, Director General of ACEA, the automobilemanufacturers’ association.
The recently announced government incentive for vehicle purchases helped boost buying sentiment starting in October. The Baojun 560 became the second-best-selling SUV in China within three months of its launch on July 18, according to data from the China Association of AutomobileManufacturers (CAAM). Chevrolet sales declined 8.4%
The goal of the ZEV standard is to incentivize automobilemanufacturers to build more models and use increasingly efficient low-carbon technology. Small manufacturers not subject to the standard, as well as high-performance automakers, will also be able to benefit financially from selling their excess credits to other manufacturers.
The European AutomobileManufacturers’ Association (ACEA) issued a statement saying that the new CO 2 legislation for light commercial vehicles sets extremely challenging targets in particular for the long term. Emission performance standards for new light commercial vehicles.
percent from February, according to data released today by the China Association of AutomobileManufacturers (CAAM). China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 percent year-on-year and up 24.4 Production of NEVs in China was 674,000 units in March, up 44.8 percent year-on-year and up 22.1
Now both parties have agreed to expand their cooperation from technical development to further business areas such as global purchasing and distribution network. Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobilemanufacturer headquartered in Wuhan, Hubei Province.
The China Association of AutomobileManufacturers also noted that Tesla has cleared data security and processing requirements in the country. In the US, FSD can be purchased outright for $8,000 or subscribed as a service for $99 per month. FSD (Supervised) has so far only been released to the United States and Canada.
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.
Super-credits just encourage the supply of ultra-low carbon vehicles by manufacturers, T&E said, arguing that this is not the principal issue as there is currently little demand for these vehicles because. the purchase price and costs of ownership for the first owner are still currently too high.
Tesla also cleared data security and processing requirements in China, as per the China Association of AutomobileManufacturers. ” As noted in a CNEV Post report, however, industry watchers have observed that Tesla’s FSD purchase page in China has received a rather subtle update.
First, Tesla still has to contend with the global chip shortage, which has affected many automobilemanufacturers and tech companies. Despite his optimistic price target for Tesla, Ives listed three headwinds the EV giant might face on its way to $1,000 per share. Disclosure: I am long TSLA.
These applications may be jointly sponsored by electric utilities, automobilemanufacturers, technology providers, car sharing companies or organizations, or 2 other persons or entities. Advanced technology vehicles. ” Harmonized motor vehicle greenhouse gas emissions standards.
This was according to an announcement from the China Association of AutomobileManufacturers and the National Computer Network Emergency Response Technical Team/Coordination Center of China. Tesla became one of the first automakers in China to earn a “Vehicle Privacy Protection” certification.
The European AutomobileManufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. ECV Units sold. GDP per capita.
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