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From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Or No Cars?
In March, BYD chief executive officer Wang Chuanfu announced that in the first half of 2010 the company will sell only 100 e6 cars, to a taxi company in Shenzhen. The firm eTec got $100 million in funding from the US Department of Energy through the stimulus bill. Chinese green-car subsidies on hold. US, China partner on electric cars.
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.
The LEVC electric taxi might still be the only EV that both designed *and* produced on UK’s home turf. Personally we will likely make our first outright purchase of an EV this year, after serially leasing 4.5 Also, Portugal is where Jose calls home. Even if they are generally smart. Looking at you Tesla.
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