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Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. CEO, Protean Electric and a 32-year autoindustry veteran responsible for the development and production of the GM EV-1.
As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. Overall, Ener1 reported 2008 revenues of $6.8 million in 2007.
Ricardo, one of the leaders in the development of electric and hybrid vehicles, has welcomed President Obama’s announcement of $2.4billion in grants to accelerate the manufacturing and deployment of the next generation of US batteries and electric vehicles.
And these days a billion dollars is barely a rounding error in the money going to prop up the American autoindustry. BYD already has a plug-in hybrid for sale in small numbers in China, and has Warren Buffet-infused plans to market PHEVs and EVs in the US within a few years. Can I charge my new EV here?
If you listen to US President Barack Obama it has been a long time coming – his decision to pour $2.4billion of stimulus money to make America a global leader in electric and hybrid car development comes as the country plays catch up to the likes of Japan and even China in the green car race (see article ). “I Who will benefit?
The new administration’s stimulus package allots $2B for advanced batteries, $300M for federal and states fleets to buy new clean fuel vehicles and $7,500 tax rebate for PHEV, with yet more money in the Auto-Industry Re-tooling fund. Tags: Hybrid cars hybrids plug-in plug-in hybrid.
Similarly, in China, the sheer size of the autoindustry and the country’s ambitious clean-energy goals suggest a potentially huge market for electric cars. China overtook the US last year as the largest auto market in the world. The third phase will be released around 2015. US, China partner on electric cars.
Automakers unveiled more than a dozen production-ready, plug-in electric and hybrid electric vehicles at the Detroit auto show earlier this month, many of which will be on dealership lots between 2010 and 2012. While it is not the first time a future of electric cars has been on the horizon, industry experts say this time its for real.
The autoindustry is now gearing up to hash out those standards at the SAE conference in Detroit next week — and GM has a major stake in getting them out swiftly. OStatic] Nokia E71x Expected on May 4th: Here’s Reading Material Until Then [jkOnTheRun] Renewable Standards to Spur Moore’s Law for Cleantech?
’s expertise on the autoindustry in general, we are concerned that in its understanding of future pathways, it offers a flawed analysis and predictions based on business-as-usual,&# notes a posting on the California Car Initiative’s Web site. and Chrysler. Whatever B.C.G.’s The group pointed to a B.C.G.
In Germany, statistics from the Federal Motor Transport Authority reveal that total car registrations in March fell by 38% while fully electric cars actually grew by 56% and hybrids by 208%. Moreover, EVs are not only proving to be more robust amidst an autoindustry in decline, but they are also already displaying some signs of recovery.
France’s autoindustry is probably the largest Western autoindustry that goes completely under the radar in the US. Never having made a “proper” passenger EV before, Peugeot’s EV version of its flagship 208 compact (range ~300km) jumped out of nowhere straight into #8 in the dense European EV sales chart.
High-Speed Rail Unlocks Intermodal Potential Texas Excess Ford Expands Hybrid Success to Electric Vehicles ► March (17) Carbon Capture and Storage: To Be or Not To Be? The Three Prongs of the “Green&# Energy Stimulus Pa. Hybrid electric buses and heavy trucks could power many homes or a school or a hospital in an emergency.
The state of Michigan, which has seen its economy decimated by the collapse of the gas-powered autoindustry, is pouring incentives into the alt-car market. It has awarded tax credits worth about $100 million to each of four manufacturers of electric-hybrid car batteries. • Cartoon: Recovery is Just Around the Corner!
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