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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. — Biofuels Markets and Technologies. billion in 2011 to $185.3 billion by 2021.

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Enova Announces 16 Unit Hybrid School Bus Order; Initial Deployment of Federal Stimulus Dollars for School Buses

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Both Navistar, who claims 61% of the school bus market in North America, and Enova, say that this initial deployment is an important next step in the evolution of the hybrid school bus program towards long term production volume. Enova COO John Mullins.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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According to a new report from Pike Research, the increased production and consumption of biofuels will more than double the industry’s market value in the next decade. Pike forecasts that the global market for biofuels will increase from $82.7 The potential markets are huge. billion in 2011 to $185.3 billion by 2021.

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BYD sells 18,220 EVs in China in November, up 128% year-on-year

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The market began to recover in the second quarter, supported by government stimulus measures to encourage the use and purchases of such vehicles, notes Argus Media. The Han is equipped with the blade battery ( earlier post ), which can increase energy density by at least 30% and reduce raw material costs by 30%, BYD said.

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Brookings analysts recommend against repeating cash for clunkers program in future recession

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jobs for each million dollars of program costs) than other fiscal stimulus programs, such as increasing unemployment aid, reducing employers’ and employees'' payroll taxes, or allowing the expensing of investment costs. The small increase in employment came at a far higher implied cost per job created ($1.4 million, or 0.7 million tons.

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ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

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ZAP and Jonway partnered on the production of an electric version of the compact 5-door Jonway A380 SUV, integrating AC propulsion and lithium-ion battery system technologies to produce a mid-range electric vehicle (EV) that ZAP intends to offer to the fleet market in China. The conventional A380 is powered by a 1.6- liter Mitsubishi engine.)

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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

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The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

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