Messrs. Sherwood and Guzyk are at the forefront of a small but growing automotive insurgency. While Toyota promises to deliver a factory-built, plug-in electric car by late 2009, and General Motors Corp. says it will bring its Chevy Volt plug-in car to market in 2010, impatient mechanics already are making them with off-the-shelf parts.
Source: Wall Street Journal Read More...
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According to Lawson, the replacement electric vehicle it will use will be the iMiEV, a Mitsubishi Motors Corp.-made electric car that will be marketed to the public in the summer of 2009 According to a report in The Independent, the Mitsubishi i-MiEV (Mitsubishi innovative Electric Vehicle) could herald a new dawn for electric motoring. TOKYO, Dec 29 (Reuters) – Japan’s Nissan Motor Co (7201.T) and NEC Corp (6701.T) will invest at least $1.1 billion to make lithium-ion batteries for about 200,000 electric and hybrid cars annually in 2011 or later, the Nikkei business daily said on Monday. Plug-in electric:a new tax credit worth $2,500 and $7,500. It will begin to phase out after 250,000 of such vehicles are bought in the United States. LANSING — Gov. Jennifer Granholm and lawmakers hope generous tax incentives will help make Michigan the center of efforts to research and manufacture advanced batteries used in hybrid and electric vehicles. Legislators say the United States today has no large-scale production plant for the lithium-ion battery, the technology General Motors Corp. expects to power its touted Chevrolet Volt. Most battery technology is being developed in Asia. At the end that period, the city will determine if they will purchase the cart, which has an asking cost of $14,500. But even at that amount, officials believe the electric car will pay for itself in two to four years.
The American people have a desire to get off foreign oil and no longer be held hostage to ridiculously volatile gas prices. In 2008 alone the electric car industry has seen massive innovation that, with proper funding and implementation, will lead to a new level of fortunes to be made with a fantastic side effect – clean cars and a strong economy.” “The great age of automobiles lies ahead of us, not behind us,” said Mr. Greenberger, who heads the clean-tech practice at the law firm Reed Smith and advises clean-technology venture capital firms and start-ups. India should focus on producing cheap, efficient and small electric cars over the next five years. “This will boost energy conservation and help cut down carbon emissions,” said Ravi Kant, chief executive officer, Tata Motors The company will invest “several tens of billions of yen” in the plant, she said. The Nikkei business newspaper reported the cost would be between 20 billion yen and 30 billion yen ($220 million-$330 million). Toshiba said the plant is likely to be situated in northwestern Japan. BYD, which is 10 percent owned by U.S. investor Warren Buffett, originally aimed to sell the hybrid cars abroad in 2010 but Wang would not give any reasons for the delay. They carry a lot more battery power and use the batteries to do much more of the work of moving the car. And instead of constantly needing to be recharged by the engine, they get most of their recharging by being plugged in at night. POWAY, CA – December 19, 2008: Gold Peak Industries North America, a subsidiary of GP Batteries International, has acquired an equity stake in Plug In Conversions Corp. (PICC), which positions the latter to sell its plug-in Toyota Prius conversion kits worldwide and produce kits for hybrids made by other manufacturers. In an interview with Automotive News China, the president of BYD (Build Your Dreams), Wang Chuanfu, said that in addition to the recent Chinese release of the F3DM — the world’s first plug-in hybrid production car — he expects his company to release two more electric car models in 2009. Ontario, Calif. –December 9, 2008 Governor Linda Lingle today
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