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PECO is expanding its fleet with new natural gas and hybrid electric models. The utility is participating in a national consortium that recently was awarded a federal stimulus grant to purchase plug-in hybrid electric vehicles (PHEVs), and the company is buying more trucks to run on compressed natural gas (CNG) as well.
To ensure and accelerate the transition, we must move beyond the set of traditional mechanisms that have been used to assist one-to-one replacements of trucks and buses, such as grant programs providing basic buy-down payments. To date, traditional government grant programs have helped fleet owners replace diesel trucks with cleaner ones.
The Dayton, Ohio RTA is adding 10 hybrid buses to its fleet, which also includes electric trolley buses. Dayton RTA used two-thirds of the stimulus money it received in spring, 2009, to buy buses, offsetting the cost of fleet replacement and reducing the agency’s budget deficit.
According to the Beijing Municipal Commission of Development and Reform, the city will not take administrative measures to restrain residents from buying automobiles in order to deal with the growing congestion resulting from the increasing size of the city vehicle parc. People’s Daily. A total 16.7
The President may be currently abroad experiencing the horror of European ramps, but his government has been busy at home ordering the very cars its stimulus program has helped to fund.
Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. He also believes that sub-1.6L
Closer to home, the federal fuel economy standards require the average fleet fuel economy of OEMs that sell vehicles in the USA to be 35.5 The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated.
.” Adam Jonas listed several risk factors for the stock in the note, which include price cuts, weakening or expiration of EV incentives, excess capacity in China, residual value risks, and fleets cutting EV concentration. Fleets offer a few advantages, including a large boost to orders for EV makers.
An effort led by House Majority Leader Adam Hasner, R-Boca Raton, to give a sales tax exemption to consumers who buy battery-powered, electric vehicles or plug-in hybrids picked up a unanimous endorsement today. The federal stimulus bill also provides a $7,500 tax credit for consumers who purchase plug-in vehicles.
An effort led by House Majority Leader Adam Hasner, R-Boca Raton, to give a sales tax exemption to consumers who buy battery-powered, electric vehicles or plug-in hybrids picked up a unanimous endorsement today. The federal stimulus bill also provides a $7,500 tax credit for consumers who purchase plug-in vehicles.
We believe that there will be a significant stimulus to demand, stated Garca. A 15% personal income tax reduction of up to 20,000 is available when buying a plug-in model, according to electrive. It provides individuals with a subsidy of 7,000 when purchasing a BEV, PHEV or hydrogen fuel-cell vehicle.
In 2008 the company released a test fleet of 450 Mini-E vehicles and is getting ready to announce its second phase. The firm eTec got $100 million in funding from the US Department of Energy through the stimulus bill. Bob Lutz, the outgoing vice chairman of GM, has said the company will produce about 8,000 Chevy Volts in 2011.
Out have gone the coffee before work each morning, the weekend nights out, and the rush to buy the hot new DVD releases; in has been a new, thrifty way of living. With few of us having the cash or credit to buy an expensive new addition, the bottom seems to have fallen out of the automotive industry which has been plunged into crisis.
The first wave of electric car buying is expected to begin around December, when Nissan introduces the Leaf, a five-passenger electric car that will have a range of 100 miles on a fully charged battery and be priced for middle-class families. “We In cities like San Francisco, Portland, Ore.,
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. No on has a lock on this future; everything is up for grabs.
million registered vehicles in the EU and more than 30,700 fuel stations, the drivetrain represents 77% of the existing alternative non-electrified fleet. In turn, this provides little stimulus to invest in LPG and build more refuelling stations. LPG is the best-selling alternative fuel in Europe, according to Liquid Gas Europe.
Postal Service Minivan - Click above for high-res gallery Chrysler is celebrating Earth Day today by unveiling the first four of what will be a fleet of 250 battery-powered minivans for the U.S. The initial batch of vehicles include a pair of right- and left-hand drive versions, and the total fleet will include a mix of both.
Seattle says it intends to help develop the charging network; consider incentives for buying and using the cars, and creating charging stations; consider regulatory changes to support the cars, such as streamlined permitting for installing charging outlets; and consider leasing or buying the cars for its fleet.
The first buyers will be fleet users, which will build central fast-charging facilities. More from Fortune No party for Citis owners: You and me Is it time to buy American Express? Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct.
The Three Prongs of the “Green&# Energy Stimulus Pa. Instead they could buy back electricity at peak hours from vehicle drivers. Clean Fleet Article It would be a financial win-win for all. People-Oriented Development Current Status of REDD Financing the Fifth Fuel Peak Phosphorus - Commence Urine Recyling on Space.
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