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UK Government Announces £5,000 Grants Towards Purchase of Electric Drive Vehicles and First Plugged-in Places

Green Car Congress

The Plug-in Car Grant will be distributed directly to consumers at the point of purchase and will be managed in a similar way to the grant made as part of the Government’s scrappage scheme. Cars will be discounted at the point of purchase and the subsidy claimed by the manufacturer to provide a straightforward process for the consumer.

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Mahindra Mahindra Takes Majority Stake in REVA Electric Car Co.

Green Car Congress

(M&M) is acquiring a majority share in REVA Electric Car Co Ltd. REVA Electric Car Co Ltd. will be renamed Mahindra REVA Electric Vehicle Co Ltd. equity in Mahindra REVA via a combination of equity purchase from the promoters and a fresh equity infusion of over Rs 45 crores (approx US $10 million) into the company.

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More support needed for electric cars

Green Cars News

The market electric vehicles (EVs) in Europe could potentially grow to 480,000 units by 2015, according to a new report by business research and consultancy firm, Frost & Sullivan. Government involvement in EV initiatives has been visible, but efforts towards realising commercialisation are unclear in some cases.

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Slow start for charge of the electric cars - Times Online

Tony Karrer Delicious EVdriven

What isclear is that the full £5,000 will not be available for a £8,000 G-Wiz or a£15,000 Smart EV. The 2011 start date has been chosen to coincide with theexpected introduction of a wider variety of electric and plug-in hybrid carsin Britain.