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.
Source: The Australian Read More...
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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.” 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 SAIC Group is China’s largest automobile manufacturer in terms of sales. Yesterday’s deal on the EU’s 2020 renewable energy targets will result in a significant boost for electric car manufacturers and producers of so-called second generation biofuels after member states agreed to significant reforms to the controversial target requiring 10 per cent of transport fuels come from biofuels. Chongqing is planning to build a world-class base in research and development (R&D) as well as manufacturing hub for electric cars and parts. “All the drive train stuff here is done in Parker, Colorado, and I have several sold and I just signed a contract with a Canadian company for 58,000 vehicles for the next two years”, ST says. The Chinese market is set to get more home-grown alternative energy vehicles, with SAIC Motor joining the list of companies that plan to work on hybrid and electric cars in the country. According to Reuters, the automaker will form a joint venture with its state-owned parent, Shanghai Automotive Industry Corp., which will invest 2 billion yuan ($293 million) to develop the low-emission vehicles. Local electric car maker CT&T said yesterday that they have made their biggest deal to date, with police departments in San Diego and other cities to buy 4,000 of their four-wheel drive E-zone vehicles for around $50 million. Norwegian car manufacturer Think has begun to sell its first car, the City. The City, a compact vehicle made for urban customers, can go 180 kilometers (112 miles) on a charge and hit a top speed of 100 kilometers an hour (62.5 miles per hour). Buyers can also choose between a sodium- or lithium-ion battery pack. The Governor met with car and auto parts manufacturers in Japan and China. He signed a deal that gives the state first crack at buying Nissan’s electric vehicles when they hit the market, in about two years. Powered by an advanced lithium-ion battery, the Mitsubishi i MiEV will be the first of the new generation of lithium-ion-powered electric vehicles to be developed by a major automobile manufacturer that will be available to the public. Aiming to save fuel and advance alternative-energy plans, the Army, Navy and Air Force intend to buy thousands of battery-powered, 35-mile-an-hour electric cars and light trucks to provide on-base transport, senior Army officials said. Nissan is bringing the first of their electric cars to market by 2010 in many locations around the United States. According to Alan Buddendeck, Nissan’s VP for North American Corporate Communications, this car will be priced between $22-$25K and have at least a range of 100 miles. LOS ANGELES (Reuters) – Many of the world’s biggest automakers on Wednesday detailed ambitious electric-car plans that promise zero emissions but will demand patience from consumers and subsidies from governments to succeed. Carlos Ghosn, chief executive of both Nissan Motor Co. (NSANY) and Renault SA (13190.FR), unveiled the electric-car target as one of several energy priorities identified by a task force of CEOs at The Wall Street Journal CEO Council Tuesday in Washington. Companies like Aptera, Hybrid Technologies, Phoenix Motor Cars, Venture Vehicles, Fisker, and even BMW, Nissan, Saturn, and Toyota have all proven to us that they know what consumers want and need, and that they will build those vehicles for us. Economic booms are amplified by technology-shifts. The rise of the Internet revolutionized the world economy. Could electric cars do the same? Gov. Ted Kulongoski will meet with auto executives in Japan and China next week armed with a proposal that could make it easier for Oregon consumers to buy an electric car. Renault has begun planning a range of electric cars will include a bespoke small car that’s bigger than a Twingo, a battery powered version of the Kangoo and a Megane-based saloon. |
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