PGM News: 13/02/2018

ELECTRIC VEHICLES: China Raises Subsidies to Reward Longer Traveling Electric Cars

China is increasing subsidies for electric vehicles that can travel longer distances on a single charge, while also making it more difficult for battery-powered automobiles to qualify for any new incentives under a central government plan.

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Source: https://www.bloomberg.com

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FUEL CELLS: Ballard Announces Planned Deployment of 500 Fuel Cell Commercial Trucks in Shanghai

VANCOUVER and SHANGHAIFeb. 13, 2018 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced the planned deployment of 500 licensed fuel cell electric commercial trucks – all using Ballard fuel cell stack technology – in Shanghai, China.

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Source: https://www.prnewswire.com

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FUEL CELLS: US fuel cell firms applaud reinstated tax credit

US fuel cell companies this week applauded the reinstatement of an investment tax credit for their products.A budget plan passed by Congress last week has now extended the credit for fuel cells through 2022, with a reduction from 30 per cent to 26 per cent in 2020 and a further reduction to 22 per cent scheduled for 2021.The tax credit had been extended for solar and wind power in 2015, but fuel cells were left out.

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Source: http://www.decentralized-energy.com

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FUEL TECHNOLOGY: Mazda finds lots of ICE engine love in Europe

An average of 58% of 11,000 people surveyed across Europe believe there is "a lot of innovation and improvement still to come with petrol and diesel engines", according to a Mazda poll.

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Source: https://www.just-auto.com

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