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The government revived the stimulus in a fourth supplementary budget for fiscal 2011 as many carmakers suffered disruptions to production and exports following the March 11 earthquake and tsunami, and flooding in Thailand. According to the Ministry of Economy, Trade and Industry, the government only has ¥2.5 billion (US$3.5
It seems a spark is needed to get us back to the showrooms – so are the leading manufacturers right to put their faith in greencars? However, the company’s bright spark remains its green efforts. Honda too has pinned its recovery hopes on greencars, pushing both hybrid and hydrogen fuel cell technology.
The Green Piece Column. With electric cars inching ever closer to a mainstream reality, questions are raised as to how the grid will cope with increased demand. In 2009, for example, the US Stimulus Plan helped finance research into energy storage with [.]. August 22, 2011.
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 greencar race (see article ). “I
The eStar all-electric truck transitioned from concept to reality in August 2009 when President Barack Obama visited the Navistar manufacturing plant and announced a $39.2million federal stimulus grant. [.].
Electric-car ventures made up nearly 40. billion invested in 180 green-technology companies. car’s introduction. •In Electric-car ventures made up nearly 40 percent of $1.9 Chinese green-car subsidies on hold. US, China partner on electric cars. By Jaeah Lee for the Christian Science Monitor.
According to Knittel the results suggest that the programme is an expensive way to reduce carbon, although he does state that it is possible the stimulus benefits outweigh added environmental costs. So is this scheme green at all? Our verdict – green shoots should not be ignored. Faye Sunderland.
Initial investment in the factory will reach $100million with GE also making a submission this week for Federal stimulus dollars from the US Department of Energy. It hopes that with the stimulus funds it can select the exact location and break ground on the plant this year. The GE locomotives are scheduled to be commercialised in 2010.
A Bay Area group is submitting a proposal in an effort to attract Federal stimulus dollars to implement infrastructure in the region. The mayor is also attempting to attract large regional employers to the region that will embrace electric cars as part of their company fleets.
A report in the People’s Daily quotes Chen Bin, director of the Department of Industry under the NDRC, as stating that Chinese car manufacturers were originally expected to produce and sell more than eight million units of vehicles in the first eight months of the year. Tags: CarsGreencars Latest news.
The market for alternative fuel vehicles is being strongly supported economic stimulus packages and other government programs in at least 13 markets. Tags: Electric cars alternative fuel automotive Deloitte global market. Consumer demand for greener vehicles as well as new regulations [.].
He also noted a slight upturn in certain countries including China, Japan and India, thanks to Government stimulus packages. Tags: Greencars Latest news Volvo Leif Johansson medium heavy engine.
Meanwhile Mr Crossley also called into question the belief that the scheme would reduce emissions and benefit the British car production: “This is not a strong environmental measure. While new cars have lower emissions per mile, they may be driven more and there are environmental costs associated with their production.
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.
In the recent fiscal stimulus 18 times more was spent on the VAT cut, than on bringing forward transport investment projects, which create jobs, boost the UK’s economic competitiveness and cut congestion.
GreenCar Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Billion vs. $28.3 Billion in 2008). While at Goldman Sachs, Auerbach was part of a team that invested $1.5
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