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US President Barack Obama announced a new $1-billion National Community Deployment Challenge to spur deployment of advanced alternative fuel vehicles in communities around the country. Taxcredits.
The warranty reduction would not impose added liability on GM or consumers, Sexton noted, because President Obama has said the federal government will guarantee the warranties of GM and Chrysler vehicles should they go bankrupt. Moreover, several states are implementing additional taxcredits of up to $5,000 per vehicle.
Volkswagen will also invest to support installation of charging stations in certain dealer locations. We know that Secretary of Energy Moniz recently admitted that the Obama administration’s ambitious and encouraging goal of one million EVs on American roads by 2015 is unattainable.
Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. Do the simple math, Obama (ho,ho) and learn just how stupid thou really art.
Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV taxcredit scheme plays out. Treasury Department said participating dealers will be able to register via an online IRS portal in the next few months.
A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized. —John D.
Tuesday night, President Obama will speak to the nation about the Gulf catastrophe. Tuesday night President Obama will address our nation. The missing piece we dream President Obama will follow up with is an emergency-response roadmap to a world where increasingly scarce and costly oil is used only when needed.
In his State of the Union address last night, President Obama highlighted his goal of making the United States the first country in the world to put one million advanced technology vehicles on the road by 2015. Following a tour of the Ener1, Inc.
In a speech on Tuesday at the National Automobile Dealers Association meeting in Washington, US Environmental Protection Agency (EPA) Administrator Andrew Wheeler outlined the Trump Administration’s thinking on national fuel economy standards and California. Earlier post.). Earlier post.). Environmental impact.
The Biden administration has announced three major pro-EV initiatives in recent months—a revamping of the federal taxcredits , an infrastructure funding package , and new EPA emissions standards. Potentially, there could be a challenge by somebody in the dealers’ associations, but I think it will be very hard to show harm.
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