Separate Oil Saving Standards for Light and Heavy Vehicles in the U.S.

Light Weight Vehicles In late July, 2011, the Obama Administration announced an agreement with thirteen major automakers including Ford, Mitsubishi, Nissan, Toyota, BMW, Honda, Hyundai, GM, Chrysler, Jaguar/Land Rover, Kia, Mazda and Volvo, which a.. more

Chinese Electric Vehicle Market 2020 Outlook

The growing population, limited oil supply, and governor’s inclining attitude toward large investment projects have led many auto makers to believe the Chinese market has much great potential to cultivate. According to central authority close to the matter, the Chine.. more

Industry Development Progess of Lithium Battery for EVs

Recent news unveiled that Mitsubishi Motors is looking to produce 8 types of electric vehicles and plug-in hybrid vehicles. Mitsubishi’s Corporate General Manager, Yoshikazu Nakamura, indicated that in order to secure stable and sufficient supply of power batter.. more

China's 12th 5-Year Plan to Target Lithium Battery Development

2011 is the commencing year for the next five-year plan for the Chinese government which put a great emphasis on 7 emerging industries that can help achieve energy-saving and carbon-reducing targets. One of the development focuses for the Chinese auto industry is to con.. more

Electric Vehicles to Adopt NB Batteries, Cost or Safety?

According to Bloomberg’s report, Toyota, Daimler, and BMW are now seeking the possibility of adopting the cheaper and lighter batteries used in NBs. The cost of these lithium batteries are cheaper than that of batteries adopted by GM, Nissan, and Mitsubishi.. more

EV Makers Facing Development Bottlenecks (3)

By Lowy Chang As the name suggests, electric cars do not require gas but electricity, which is cheaper, and therefore, they are immune to the surge in gas prices. However, electric cars require completely different power systems, which result in an extra expense on machiner.. more

EV Makers Facing Development Bottlenecks (2)

Technology bottlenecks have put a hold on the development of electric vehicles: - Short lifespan and high cost Currently, most domestic lithium battery makers only provide one-year warranty. Even the lithium battery of an average electric car costs about $10,000 to $13,000.. more