By Michael Sheldrick, Executive Editor
In just over 50 years, China has transformed itself to a highly industrialized urbanized powerhouse. Along with that, it has afflicted itself with what is arguably the world's worst urban congestion and pollution, not to mention the world's leading greenhouse gas emitter.
But these problems may provide the incentive to aggressively tackle them. That, along with a rising spirit of entrepreneurialism in China -- and a more powerful command-and-control government than in the democratic industrialized countries -- could, in the view of some observers, propel China to leadership in developing autonomous cars.
Xavier Mosquet of the Boston Consulting Group told The New York Times that China could be the largest market for autonomous vehicles, and sees taxis as leading the trend. “It’s not that people are more willing to use the cars in Beijing or Shanghai, it’s that the economic value is much higher in China than in the U.S.,” he told the Times, adding that air pollution could be as much a catalyst as bad traffic.
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The plunging price of petroleum isn’t the only thing threatening to derail demand for battery-based vehicles.
At a time when most commodity prices – everything from oil to gold to copper – have been on the decline, traders continue to bid up the fundamental component of today’s electric vehicles: the lithium used in the most advanced batteries.
The raw material, lithium carbonate, more than doubled in price towards the end of last year, and the trend has continued upward, pushing to as much as $23,000 a ton in recent weeks. And that’s even before the battery-car market builds any real momentum.
Zipcar has announced the launch of a new fleet management service called Local Motion by Zipcar, a comprehensive vehicle hardware and software platform that allows operators of large fleets to share vehicles effortlessly, increase utilization and streamline operations.
This technology solution is now available to support corporate, government and university fleet management customers.
The launch of Local Motion by Zipcar enhances Zipcar’s portfolio of simple and effective mobility solutions. Designed for customer-owned and-operated fleets, Local Motion by Zipcar makes it easy for employee-drivers to access shared vehicles through a variety of enhanced features.
When the car industry collapsed in the recession, automakers pulled back sharply on aggressive leasing deals and other financial incentives that had artificially increased their sales for years.
But now, with carmakers under pressure to maintain last year’s record numbers, they are once again turning to the same tactics that got them into trouble a decade ago.
Automakers are offering increasing discounts on economy cars and luxury models alike, relying more on sales to fleets like rental-car companies and bloating dealers’ inventories. More and more auto loans are being stretched out over longer periods of time.