More carmakers caught in headlights of VW engine-rigging scandal

More carmakers caught in headlights of VW engine-rigging scandal
Volkswagen has admitted it installed illegal software into 11 million 2.0 liter and 3.0 liter diesel engines worldwide (AFP Photo/Josh Edelson)

Volkswagen emissions scandal

Volkswagen emissions scandal

Iran's 'catastrophic mistake': Speculation, pressure, then admission

Iran's 'catastrophic mistake': Speculation, pressure, then admission
Analsyts say it is irresponsible to link the crash of a Ukraine International Airline Boeing 737-800 to the 737 MAX accidents (AFP Photo/INA FASSBENDER)

Missing MH370 likely to have disintegrated mid-flight: experts

Missing MH370 likely to have disintegrated mid-flight: experts
A Malaysia Airlines Boeing 777 commercial jet.

QZ8501 (AirAsia)

QZ8501 (AirAsia)

Leaders see horror of French Alps crash as probe gathers pace

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"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Sunday, July 14, 2013

Government subsidy of new-energy cars to be extended

Want China Times, Staff Reporter 2013-07-14

A lithium car battery displayed at a car expo in Beijing. (Photo/CFP)

The Chinese government will reportedly roll out a new subsidy program for new-energy automobiles in July, which may aggravate the overcapacity of the lithium battery industry.

According to the Chinese-language National Economic Weekly, the new program calls for extending the existing program by three years and expanding its coverage nationwide, removing the existing restriction to 25 pilot cities. Subsidies for pure electric cars will remain at 60,000 yuan (US$9,800) per vehicle, while subsidies for indigenous hybrid cars will be raised from 3,000 yuan (US$480) per kilowatt.

While the new program has yet to be officially announced, lithium battery and materials manufacturers have embarked on a new round of expansion despite their current overcapacity.

Yu Qingjiao, CEO of battery.com, notes that due to policy encouragement, lithium battery investment picked up further from late 2012 to June and the existing investment projects will lead to overcapacity of 5 billion AH (ampere hours) by 2015.

CCID Capital predicts that power-use lithium batteries will account for 38% of the market by 2015, capable of powering 230,000-300,000 pure electric cars.

According to a recent report from Frost & Sullivan, the total demand for pure electric cars, hybrid cars, and commercial electric vehicles in China will reach only 120,000 by 2015. According to the National Economic Weekly, the new subsidy program may stimulate China's lithium battery industry to speed up in a risky environment.

The existing program was rolled by the Ministry of Finance and the Ministry of Science and Technology in January 2009, offering a 60,000 yuan subsidy per vehicle for pure electric cars and up to 50,000 yuan (US$8,150) for hybrids.

In January 2010, Miao Yuwei, then deputy minister of industry and information technology, mapped out a grand plan for the Chinese electric car industry, envisioning an output of 500,000-1 million electric cars by 2015.

In May 2010, the Ministry of Finance and three other central government agencies decreed the provision of subsidy amounting to 3,000 yuan/kilowatt to new-energy cars during the 2010-2012 period and the number of pilot cities for pushing new-energy cars was expanded to 25 later in 2010.

The handsome subsidy has fueled unbridled development of the lithium-battery industry, which has been aggravated by additional incentives provided by some municipal governments. The governments of Hangzhou and Shenzhen, for instance, offered an additional subsidy of 60,000 yuan per car to buyers of pure electric cars. Yichun in Jiangxi province provided income-tax rebates to lithium battery firms on top of interest subsidies for special loans.
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