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Japan ends subsidy program for green car purchases

Green Car Congress

Japan has decided to end a government subsidy program to encourage purchases of environmentally friendly cars as funds dwindle. The subsidy was supposed to be eligible for vehicles registered as new cars between Dec. According to the Ministry of Economy, Trade and Industry, the government only has ¥2.5 billion (US$3.5

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Billion vs. $28.3 Billion in 2008). Earlier post.). Costs are also falling due to classic economics.

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Will Obama’s billions jumpstart the electric car? The Green Piece

Green Cars News

If you listen to US President Barack Obama it has been a long time coming – his decision to pour $2.4billion of stimulus money to make America a global leader in electric and hybrid car development comes as the country plays catch up to the likes of Japan and even China in the green car race (see article ). “I

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Volvo unveils medium heavy engine

Green Cars News

In the future, emission laws from the various countries will become more harmonised and with a global technology platform in place, it is hoped that the Volvo Group will be able to generate economies of scale in research and development, as well as purchasing and production.

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When Will EVs Hit Primetime?

Revenge of the Electric Car

If electric cars can’t break out of niche status in. the world’s two largest passenger car markets, then a transition away from. likely to be frustrated by the lack of available cars. undoubtedly going to be a backlog, where demand exceeds production for the. Chinese green-car subsidies on hold.

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Scrappage scheme could be popular than expected

Green Cars News

Thomas Crossley, a programme director at IFS, commented: “The Government’s car scrappage scheme will offer a £2,000 discount to people who scrap a licensed car that is at least 10 years old and purchase a new vehicle by March 2010. As fiscal stimulus, this measure benefits one industry. This will mean fewer sales later.