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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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AUTO SALES: German sales fall 50% in May despite showrooms reopening

  • Date: 05-06-20
  • Category: AUTO SALES
  • Source: Auto News

New-car sales in Germany fell 50 percent in May -- only a slightly better figure than April -- even though dealerships were able to sell cars for the whole month after coronavirus restrictions were lifted.

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FUEL CELLS: Toyota bets on fuel cell future with FAW, other automakers

  • Date: 05-06-20
  • Category: FUEL CELLS
  • Source: Auto News

TOKYO -- Toyota Motor Corp. is teaming up with five Chinese companies including Beijing Automobile Group Co. and China FAW Corp. to develop fuel cells for commercial vehicles, seeking to push deeper into China and the market for the alternate energy source.

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ELECTRIC VEHICLES: Germany to require EV chargers at gasoline stations in stimulus plan

FRANKFURT – The German government said it will require gasoline stations to offer electric car charging to help ease buyers’ concerns about range and support demand for EVs as part of its 130 billion-euro ($146 billion) economic recovery plan.

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AUTO SALES: Italy considers scrapping subsidies to boost car sales

  • Date: 05-06-20
  • Category: AUTO SALES
  • Source: Auto News

ROME -- Italy is considering incentives of up to 4,000 euros ($4,550) for buyers of the latest generation of gasoline and diesel cars, joining France and Germany in offering support to the automotive industry, which has been hammered by the coronavirus crisis.

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ELECTRIC VEHICLES: Greece aims for cleaner transport with tax breaks for electric cars

ATHENS -- Greece unveiled tax incentives to boost the use of electric cars, motorcycles and bicycles, as part of its 10-year climate plan for lower carbon emissions.

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