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Posts Tagged ‘nevs’

China Pushing for More Alternative Fuel Vehicle Sales

Reliance on foreign oil prompts government action.

by on May.15, 2014

China's reliance on foreign oil has increased dramatically due to the rapid increase in vehicles on the roads.

The rapid growth of new vehicle sales in China has led to significant increases in oil demand and oil imports, raised the price of petroleum around the world and prompted the Chinese government to offer big subsidies to motorists using electric vehicles.

Consumption of gasoline in China more than doubled from roughly 900,000 barrels per day (bbl/d) in 2003 to more than 2 million bbl/d in 2013, extending a trend of significant growth in China’s transportation sector since the 1990s.

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Automakers in China sold more than 20 million vehicles last year, including more than 550,000 in the capital city of Beijing where sales are regulated a license plate lottery that is designed to curb some of the enthusiasm for cars among China’s legions of consumers. (more…)

A Saab Story with a Happy Ending?

Swedish maker builds first car in over two years.

by on Dec.02, 2013

The Saab plant was building the maker's 9-5 model when it was forced to shut down in April 2011.

Could there be a happy ending to one of the auto industry’s longest-running Saab stories? Or, more appropriately, a happy new beginning?

After a more than two-and-a-half-year shutdown that saw the Swedish maker go bankrupt, new owners have fired up the assembly line and rolled out a new Saab 9-3 Aero. The question is whether the plant will be able to keep going under control of a Chinese-Japanese consortium that eventually wants to shift production to a new line of electric vehicles.

Global News!

For now, production at the old Saab plant in Trollhattan, Sweden will be limited to “small and humble numbers,” said Mikael Ostlund, the spokesman for Hong Kong-based National Electric Vehicle Sweden.

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Neighborhood Electric Vehicle Sales Surging, Could Hit 700,000

“Electric vehicles taking many forms,” says new study.

by on Jun.16, 2011

The GEM Peapod neighborhood-electrict vehicle is one of six products marketed by the former Chrysler subsidiary..

While there continues to be plenty of debate over the appeal of – and likely demand for – battery-electric vehicles like the Nissan Leaf and Chevrolet Volt, a new study suggests that sales of more limited Neighborhood Electric Vehicles, or NEVs, are charging up rapidly.

By 2017, forecasts Pike Research, there will likely be at least 695,000 of the golf cart-like vehicles, often referred to as low-speed electric vehicles, on global roadways.  That’s up from 479,000 today.  In the U.S., demand is expected to surge from 37,000 to 55,000 annually in that timeframe.

NEVS began to gain traction in the 1990s when the California Air Resources Board enacted short-lived rules aimed at forcing more zero-emissions vehicles on the road.  The vehicles were permitted to sidestep many of the regulations, notably including safety guidelines for conventional automobiles, and most states have now approved them for use on roads where speed limits are lower than 35 mph.  NEVs themselves can hit a maximum 25 mph.

They’ve become especially popular in gated communities, on college campuses and for use as security and utility vehicles, but a small number have also been sold to consumers who might alternatively opt for more limited scooters or even bicycles.

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“Neighborhood electric vehicles are proof that EVs will take many forms in different parts of the world,” said Pike Research senior analyst Dave Hurst. “And while moderate in terms of sales volumes compared to other emerging vehicle markets, the growth rate for NEVs will double that of the total light duty vehicle market during the same period.”

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