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AUTO SALES: China market gains give auto industry a lift

  • Date: 09-06-20
  • Category: AUTO SALES
  • Source: Just Auto

New vehicle sales in China rose by almost 12% year-on-year to 2.14 million units in May 2020, according to preliminary data released by the China Association of Automobile Manufacturers (CAAM).

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AUTO PRODUCTION: Europe’s auto industry restarts, but the road to recovery is long

Despite several large plants remaining idle, Europe’s auto industry is slowly emerging from a lengthy shutdown period. Having closed for an average of 6-7 weeks, plants are restarting as governments ease COVID-19 lockdown measures and manufacturers introduce new hygiene and social distancing processes. Although this is welcome news, opening factory doors is just the first step in the industry’s journey to recovery, and a return to pre-pandemic production rates will take far longer...

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ELECTRIC VEHICLES: GM’s Barra sees U.S. transition to electric vehicles taking decades

General Motors' top executive expects it will take decades for electric vehicles to take over as the dominant form of transportation but sees driverless cars on the road within five years.

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AUTO SALES: UK Car scrappage scheme to boost sales ‘unlikely’, say ministers

  • Date: 09-06-20
  • Category: AUTO SALES
  • Source: Financial Times

Ministers have warned the British motor industry that there is no guarantee of a “scrappage scheme” to boost car sales as part of a post-lockdown stimulus, amid deep divisions within the sector over the type of incentives it would like.

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ELECTRIC VEHICLES: Electric truck start-up Nikola takes on car giants

An electric truck company that has yet to deliver a single vehicle already has a market value higher than industry stalwart Fiat Chrysler.

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AUTO SALES: Automotive - European market could fall 32%

  • Date: 09-06-20
  • Category: AUTO SALES
  • Source: Auto News

European auto sales could fall by at least 32 percent this year to 14.1 million units from 20.6 million in 2019 because of the coronavirus crisis, the largest decline among major markets, consultants AlixPartners said.

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HYDROGEN: Hyundai Hydrogen Chief on Why the Company Bet on Fuel Cells

  • Date: 09-06-20
  • Category: HYDROGEN
  • Source: Bloomberg

Fuel cell vehicles that use hydrogen and emit only water have long been a goal of green-energy advocates. They have potential advantages over battery-powered cars, including quicker refueling and longer range. But they remain a novelty, accounting for less than 0.1% of the nearly 100 million vehicles produced each year.

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HYDROGEN: Hydrogen products eager for funding

  • Date: 08-06-20
  • Category: HYDROGEN
  • Source: Mining Weekly

Renewable hydrogen projects worth more than a combined A$3-billion are vying for funding from the Australian Renewable Energy Agency (Arena) to build the first commercial scale hydrogen projects in Australia.

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