Remove Automobile Remove Cheap Remove Fleet Remove Stimulus
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

The first buyers will be fleet users, which will build central fast-charging facilities. Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct. They generate fewer greenhouse gas emissions than cars that burn gasoline, and they have lower fuel costs, even when oil is cheap.

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

I would say that electricity is a vastly superior fuel for the light vehicle fleet,” said Willett Kempton , a professor and alternative energy specialist at the University of Delaware. Electrifying the entire vehicle fleet would provide more than three times the U.S.’s In effect, cars would be acting like tiny power stations.

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