Yesterday’s deal on the EU’s 2020 renewable energy targets will result in a significant boost for electric car manufacturers and producers of so-called second generation biofuels after member states agreed to significant reforms to the controversial target requiring 10 per cent of transport fuels come from biofuels.
Source: Businessgreen.com
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Automakers in Europe plan new business models for electric vehicles and plug-in hybrids before 2011. SHANGHAI – China’s BYD Co has signed up 10 distributors for its plug-in hybrid car in Europe ahead of its targeted entry into that market in 2010, a senior company executive said on Tuesday. PARIS – Japan’s Mitsubishi Motors Corp said on Wednesday it will begin testing its electric cars in Europe next month as it aims to beat rivals to the uncharted market and promote itself as the pioneer of the zero-emission vehicles. Fifteen percent of U.S. consumers are very or extremely likely to purchase a vehicle that has plug-in hybrid technology, not taking into account estimated market prices, according to Harris Interactive’s AutoTECHCAST U.S. study. For Europeans, it’s 15 percent, according to the AutoTECHCAST Europe study. It’s official: GM’s E-Flex plug-in hybrid powertrain, which debuts in the 2010 Chevrolet Volt, will make its way to European customers in both an Opel and Chevrolet vehicle. KUALA LUMPUR: Netherlands-based Detroit Electric Ltd is looking to focus on the rollout of its electric cars in Europe and US rather than Asia given the significant tax break and readily available infrastructure in the developed markets, said its strategic programme office executive vice-president FM Chong. [...] Making manufacturers produce cleaner cars is the best way to bring down climate changing emissions from Europe’s cars, and While Taiwan may not be renowned for its achievements in the automotive industry, locally listed Pihsiang Machinery Manufacturing Co., Ltd.–one of the world’s three largest manufacturers of mobility scooters and power wheelchairs–appears set to change all that. In an announcement June 24, PMMC said it would release a pure battery-powered electric car onto the European market by the end of this year. [...] Vauxhall’s Ellesmere Port plant on Merseyside is being studied as the possible European production centre for General Motors’ revolutionary Volt electric car, it emerged yesterday. |
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