South Korean government gives a push to mid-size electric cars to be made by 2014

While the global auto world is still looking at viable Electric Vehicle (EV) technology in small cars with Chevrolet Volt and Nissan Leaf leading way, it has been reported that the South Korean government is interested in mid-size electric vehicles to be produced in the country from 2014, three years ahead of schedule, in an attempt to secure a dominant position in the global market.

According to media reports, the South Korean Ministry of Knowledge Economy has signed a memorandum of understanding late last month with a consortium led by the country's leading automaker Hyundai Motor to develop the country's first "mid-size" electric vehicle for commercial use by 2014. It was also mentioned that the ministry earlier sought to complete development of mid-size electric vehicles in 2017 under its so-called Green Car Development Plan, announced late last year.

The reports also mentioned that Hyundai Motor, along with its 43 partners and suppliers, developed the country's first compact electric vehicle, the BlueOn, last year and is set to produce about 250 units before the end of the year for use mostly by public offices. Kia Motors Corp, an affiliate of Hyundai, is also developing an electric compact utility vehicle, which is expected to be revealed at the end of this year, it was mentioned.

According to the ministry, the most outstanding characteristic of this project is that it will try to lower high prices and improve poor performance (of electric vehicles) that have been considered as an obstacle to promoting wide use of electric cars. It was also mentioned that Hyundai's BlueOn can travel up to 140 kilometers per six-hour recharge, shorter than 160 kilometers covered by its main Japanese rival the LEAF by Nissan Motor Co at present, the report stated.

View the original article here

Research and Markets: Chinese Electric Vehicle Charging Station Market 2010-2014 - Government Initiatives Biggest ...

Press Release Source: Research and Markets On Wednesday June 22, 2011, 5:05 am EDT

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/ffc178/chinese_electric_v) has announced the addition of the "Chinese Electric Vehicle Charging Station Market 2010-2014" report to their offering.

Research conducted by Technavio reveals, that the Chinese Electric Vehicle Charging Station market is expected to grow rapidly. The report, which focuses exclusively on China indicates, that the market is currently driven by the various green initiatives under taken by the government to promote the use of electric vehicles.

China, the largest automobile market in the world, has been witnessing increased pollution. As a result, the government has been promoting electric vehicles by providing grants and subsidies. This in turn has been driving the growth of electric vehicle charging stations, reports Technavio analyst.

In spite of the need, the lack of standards and infrastructure hinder the growth of this market. However, the scarcity of oil reserves is another factor that will drive growth in this market.

The Electric Vehicle Charging Station market is marked by several energy companies entering the charging station segment. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.

The report, Chinese Electric Vehicle Charging Station Market 2010-2014, is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT analysis. Companies mentioned in this report include: NARI, XJ Electric, Rongxin Power Electronic and Henan Senyuan Electric.

TechNavio's analysts forecast the Chinese Electric Vehicle Charging Station market to grow at a CAGR of 153.2 percent over the period of 2010-2014. One of the key factors contributing to this market growth is scarcity of oil reserves in China. The Chinese Electric Vehicle Charging Station has also been witnessing government initiative to build the infrastructure required for Electric Vehicles. However, lack of standards and infrastructure could hinder the growth of this market.

Key vendors dominating this market space include Nari, XJ Electric, Rongxin Power Electronic, and Henan Senyuan Electric.

TechNavio's Chinese Electric Vehicle Charging Station Market 2010-2014 has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the Chinese market; it covers the Electric Vehicle Charging Station market landscape and its growth prospects.

Key questions answered in this report: What will the market size be in 2014 and at what rate will it grow? What key trends is this market subject to? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?

Companies Mentioned:

NARI Sinopec XJ Electric China Southern Power Grid Co

For more information visit http://www.researchandmarkets.com/research/ffc178/chinese_electric_v

View the original article here

Google Teams Up with U.S. Government for Electric Vehicle Efforts

 
??(Source: media.tecca.com)The Obama administration will work with Google to put electric vehicle stations on Google Maps, and will also award $5 million for community-based efforts to expand electric vehicle adoption

Google has made several environmentally friendly commitments lately. For instance, the web giant?invested $168 million in the Ivanpah Solar Electric Generating System?in the Mojave Desert in California, and just invested another?$100 million in the Shepherds Flat Wind Farm?in Arlington, Oregon. Google has also played a role in the adoption of electric vehicles through programs like?RechargeIT.?

Early last month, Google even?added electric vehicle charging stations?to Google Maps in an effort to make electric vehicle ownership more convenient.?

Now, President Barack Obama is looking to put 1 million electric vehicles on the road by 2015, and to cut oil imports by one-third by 2025. To reach this goal, the Department of Energy's National Renewable Energy Laboratory?is partnering with Google to provide "up-to-date information about electric vehicle charging stations in communities worldwide." This initiative will build upon the efforts that Google kicked off in March with Google Maps.?

“Through this collaboration, key players from the electric vehicle and online mapping industries are coming together to ensure a consistent source of charging station location data that will allow consumers to find every charging station throughout the country,” said NREL Project Manager Witt Sparks.

“Google is excited to be part of the GeoEVSE Forum and to share EVSE location data with users through Google Maps,” added Cynthia Yeung of Google’s Strategic Partnerships team. “We’re proud to help give drivers the power to plug in.”

The Obama administration's second effort is to award $5 million in funding for "community-based efforts" to expand electric vehicle charging stations and infrastructure. Local governments and private companies will join forces to apply for funding to push for increased installation of electric vehicle charging stations in order to accelerate the adoption of electric vehicles.?

In addition, communities will create strategies and incentive programs to improve the electric vehicle experience.?

"Young lady, in this house we obey the laws of thermodynamics!" -- Homer Simpson
Most Popular ArticlesApple is Tracking iPhone, iPad Users' Location; Easily Mapped With OS X App
April 20, 2011, 3:17 PM
White iPhone Coming in Weeks, iPhone 5 in Sept., iPhone 6 in Spring 2012
April 19, 2011, 11:55 AM
Wendy's New "Natural" Fries Caught Using Chemical Stew
April 16, 2011, 11:40 PM
Volkswagen Announces Third Generation Beetle, TDI Tops Out at 40MPG
April 18, 2011, 6:49 AM
Chinese J-20 Stealth Fighter Makes Second Flight
April 20, 2011, 10:41 AM

View the original article here

Government To Set Up Electric Vehicle Apex Body 'NCEM'

01 April, 2011 14:56 PM

Government To Set Up Electric Vehicle Apex Body 'NCEM'

NEW DELHI, April 1 (Bernama) -- In a bid to promote electric vehicles in the country, the Indian government Thursday announced the setting up of an apex body -- National Council for Electric Mobility (NCEM), Press Trust of India (PTI) reported.

The decision was taken at a meeting of the Cabinet, which also cleared another proposal to establish the National Board for Electric Mobility (NBEM).

Announcing the decisions, Information and Broadcasting Minister Ambika Soni said the auto industry worldwide has been moving towards eco-friendly and alternative mode of transportation, and it is high time that India also move towards that direction.

After the formation of National Automotive Board (NAB), it will be the technical adviser and secretariat for both NCEM and NBEM.

However, the proposals will not involve any financial implication, Soni added.

"The promotion and manufacturing of electric vehicles is being taken up on a mission mode approach as 'National Mission for Electric Mobility'," she said.

Later, Heavy Industries and Public Enterprises Minister Praful Patel, who will chair the NCEM, told reporters that the aim is to create a fair capacity of hybrids and electric vehicles in the next five years.

"The success of production or how cost can be lowered could be done through direct or indirect subsidy," he added.

NCEM will comprise ministers from the key central government ministries and departments, representatives from the industry and academia.

It will be aided by a 25-member NBEM, which will have a member list consisting of secretaries of stakeholder central government ministries and departments, people from industry and academia.

"The National Council and the Board will be serviced by NATRIP Implementation Society (NATIS) for the time being and in future by the National Automotive Board (NAB), which is being created," the Cabinet said.

In order to encourage manufacturing and selling of alternative fuel-based vehicles, the government had proposed to set up a National Mission for Hybrid and Electric Vehicles during the Budget for 2011-12.

The Budget had also proposed to cut excise duty on development and manufacturing of hybrid vehicle kits to 5 per cent from 10 per cent earlier, besides fully exempting customs and counter-vailing duty on import of special hybrid parts.

-- BERNAMA

Kami menyediakan langganan ?
berita melalui perkhidmatan Newswire.

View the original article here

Gov-Auctions.org - #1 Government & Seized Auto Auctions. Cars 95% Off!

Highest Paying Car Auction Site on Cb! #1 Trusted US Government, Police, Repos & Seized Vehicles Auction Site (incl. Real Estate). Make $33 or $27 Real Net Profit at 75%. Genuine Product & Acclaimed Customer Service = Min Refunds. Incredible Conversions!

Check it out!

Government And Police Auctions

Seized Cars From $100, Boats, Real Estate, Collectibles And Jewelry. Government And Police Auctions Online. Affiliates Earn 75%.

Check it out!