Source: apera.com
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The ministries of finance and science and technology jointly issued a circular on providing subsidies to users of hybrid, electric and fuel cell cars in Beijing, Shanghai and another 11 major cities, the Ministry of Finance said on its website. Currently, Chrysler is road-testing 100 ENVI vehicles and addressing issues such as the cost and “robustness” of the vehicle batteries. Chrysler is considering leasing the batteries in order to keep consumer cost down – or establishing a “only pay for what you use” strategy Last year, legislators passed new rules about plug-in hybrids and their tax credits. Vehicles like the upcoming Chevy Volt would qualify for the maximum credit of $7,500. However, as part of the stimulus bill being considered in Washington, that amount would jump to $10,000. That means if the Volt cost $40,000, the price after rebate would be $30,000, putting it pretty close to the price of a well-equipped Toyota Prius. [...] The plug-in hybrid currently is ‘under study’, and is thought to be similar in principle to Chevrolet’s 2010 Volt. Companies such as Toyota, Tesla, Daimler, and Nissan foresee large revenue in supplying electric-vehicle parts and technology Rather than wait for more mandates and punishments for environmental non-attainment, let’s continue encouraging innovation. I support giving Texans in the non-attainment areas of our state a $5,000 incentive towards a purchase of Plug-In Hybrid Electric Vehicles, using the funds Texans have already paid to reduce emissions, while providing a unique way to store wind energy. [...] WASHINGTON — Senate Democrats agreed to set aside $2 billion in advanced battery research grants as part of an $825 billion stimulus bill — a move that could boost domestic automakers’ efforts to speed plug-in electric hybrids to market. The proposal to make up to 500,000 vehicles eligible for a credit — mainly ranging from $2,500 to $7,500 — was included in economic stimulus legislation considered by the Senate Finance Committee. The field of companies looking to establish networks of electric vehicle charging stations has become quite the horse race. And a relatively recent addition, Coulomb Technologies, has taken on reigning Silicon Valley firm Better Place with a new, grassroots business strategy targeting gas stations, government agencies and shopping centers. SAN FRANCISCO (AFP) — California-based Better Place and Denmark utility operator DONG Energy said Tuesday they will build a charging network so the nation’s motorists can switch to electric cars. It has a 0-60 mph time of just under 10 seconds, a top speed of 90 mph and its energy consumption rate is equivalent to more than 200 mpg (compared to previous nearly 300 mpg estimate) using the standard EPA driving cycle. The company has received 4,000 $500 non-refundable deposit orders so far (up from 400 in December, 2007). [...] Smart-charging startup Coulomb Technologies, announced today that it has raised $3.8 million in its first round of venture capital funding. The round, led by Berlin’s Estag Capital, could be the cash the company needs to make a move into overseas markets. Dealers attending the NADA expo in New Orleans received a firsthand look at the pre-production ZAP Alias roadster. The company that has become known for its funky-looking three-wheeled electric city cars and trucks will deliver its first performance model in late 2009. WASHINGTON (AP) — President Barack Obama wants automakers to make greener cars at a time when General Motors and Chrysler are hanging by the thread of a massive government loan and auto sales have plummeted to their lowest levels in more than two decades. There are years and then there are years. The year 2008 was an incredible time In the largest event of its kind, Plug In America has assembled over 70 plug-in vehicles to rally and then drive in formation through city streets. Read and distribute the event flier. Join us January 17, 2009, at 9:00AM at the Santa Monica Civic Auditorium. Nissan plans to use lithium-ion batteries in their new hybrid electric cars in 2010. The new electric cars will use a rear-wheel power train that delivers twice the power as conventional nickel-metal batteries A futuristic electric car with three wheels called the Aptera 2e is supposed to start production in October. Aptera said the car it describes as a two-seat commuter vehicle will get a driving range of more than 100 miles per charge, go from zero to 60 m.p.h. in under 10 seconds and can go 90 m.p.h. [...] Yet the US is entering the race late. It must move fast to catch Japan, Korea, and China. Each is pouring billions into lithium research and each already has manufacturing plants. WASHINGTON – Today, Senate Finance Committee members Maria Cantwell (D-Wash.) and Orrin Hatch (R-Utah) moved to include tax incentives for plug-in electric vehicles to the stimulus package currently being considered by Congress. These incentives would increase production and adoption of plug-in electric vehicles, which will ultimately save consumers money at the pump and help reduce our country’s dependence on foreign oil. The FREEDOM Act of 2009 builds on legislation authored by Cantwell, Hatch and Sen. Barack Obama (D-Ill.) in 2007 that provided up to $7,500 for consumers buying new plug-in electric vehicles. This bill was enacted into law last October as part of the Energy Bill of 2007. [...] Dong Energy of Denmark unveiled a deal this week to invest in Dutch battery management system developer Lithium Balance. The company didn’t reveal how much it was investing, or how big of a stake it’s getting in Lithium Balance, only that it joined a group of unnamed investors. The new funds will allow the battery technology company to expand its operations, with sales forecast to reach into the millions in the coming year. [...]
[...] DETROIT (Reuters) – General Motors Corp will invest $30 million in its planned U.S. plant that will build next-generation batteries for its all-electric Chevrolet Volt, the head of GM’s flagship Chevrolet brand said on Tuesday. Put 1 million Plug-In Hybrid cars — cars that can get up to 150 miles per gallon — on the road by 2015, cars that we will work to make sure are built here in America.
FORMER dotcom mogul and ministerial hopeful Evan Thornley has apologised to his enraged ALP colleagues but says he does not regret his sudden shift to the private sector, citing the immense potential of electric cars. Warren Buffett, one of President Obama’s boys, just bought 10% of BYD, China’s # 2 automaker. BYD stands for “Build Your Dreams.” BYD’s e6, a purely electric car, is going to try the US market quite soon. Mr. Buffett is having 50 of them sent over in May. The era of new and improved electric cars is dawning. Here’s what’s coming on the market in 2009 and following: WASHINGTON — The U.S. is struggling to catch up with China, Japan and Korea in a race to build the advanced batteries needed to power the electric cars of the future. [...] |
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