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gasoline-powered vehicles could be delayed. If electric cars can’t break out of niche status in the world’s two largest passenger car markets, then a transition away from gasoline-powered vehicles could be delayed. The firm eTec got $100 million in funding from the US Department of Energy through the stimulus bill.
Electric cars, though, could “provide a significant reduction in fuel usage, greenhouse gas emissions, noise, and local air pollution compared to conventional gasoline-powered vehicles,” according to the electric vehicle study. billion in stimulus grants to the industry. If by 2015, 2.5 roads by 2015 and has provided $2.4
GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.
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