article thumbnail

When Will EVs Hit Primetime?

Revenge of the Electric Car

billion invested in 180 green-technology companies. billion invested in 180 green-technology companies worldwide in the first quarter of 2010, according to a study by the Cleantech Group and Deloitte. One reason for automakers’ trepidation is technological. By Jaeah Lee for the Christian Science Monitor. percent of $1.9

China 133
article thumbnail

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. So far, President Barack Obama has announced no new federaleffort to promote the fuel, and federal funding for hydrogen fortransportation use in the 2009 budget dropped to $177.7 millionthis year from $211.9

Obama 53
article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

“Any new technology like the Chevy Volt takes time to become profitable,&# said Jay Friedland, the legislative director for Plug-In America , an electric-car advocacy group. First-generation technology is expensive, but you can’t have a second generation without a first generation.” rolls toward bankruptcy. and Chrysler. .’s

Volt 42
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. "Its a completely different business model."

BYD 62
article thumbnail

Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Department of Energys Transportation Electrification stimulus program for a federal grant that would enable a nationwide demonstration fleet with the United States Postal Service (USPS) * Potential partnership with USPS to include infrastructure support from ConEd, Duke Energy, DTE Energy and Electric Power Research Institute (EPRI) Washington, D.C.,

Minivan 46
article thumbnail

Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Sven Thesen, the communication and technology director for Better Place , a start-up that is gaining traction (see this recent New York Times article ) in its effort to create a network for electric cars in various countries, likened the concept of electric cars to cellphones. Much of the technology needed is still a distant dream ?

Grid 47