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Elio seeks $100 million in IPO; 3-wheeler price raised, production delayed, again

Green Car Reports

Entrepreneur Paul Elio's concept for a simple three-wheeled car that would cost only $6,800 has now been with us for eight years.

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DOE to award up to $184M for advanced vehicle research and development in 8 areas of interest

Green Car Congress

Off-road vehicles, motorcycles, three-wheeled vehicles, neighborhood electric vehicles, low-speed vehicles, medium-duty vehicles, heavy-duty vehicles and other non-conventional passenger vehicles are not desired and will be deemed nonresponsive to this announcement.

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Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

Green Car Congress

Provisions include: A maximum credit of $2,500 is available for electric drive low-speed vehicles, motorcycles and three-wheeled vehicles. The conference agreement follows the Senate version with substantial modifications. A 10% credit, up to a maximum of $4,000, for the cost of converting any motor vehicle into a qualified PHEV.

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