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Italy looks to sink $1 billion into boosting electric cars

Baua Electric

Bloomberg reports that the Italian industry ministry is weighing a plan to sink €930 million ($1 billion) into some enticing financial incentives to nudge drivers toward electric cars. The new plan also aims to help low-income families purchase made-in-Italy EVs, similar to the package offered by France’s made-in-France incentives.

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Norweign Drivers switch to Electric Cars

EV Report

Above – Electric Car at Norway. There has been a steady increase in electric and hybrid cars over the last decade in the US but still only 2 percent account for new car sales in the US. Some are still not yet sure to make a plunge in purchase. In Norway, most cars are imported.

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Mercedes-Benz Cars plants to source electricity from German wind farms

Green Car Congress

Mercedes-Benz Cars has entered into a power purchase agreement with Statkraft, Europe’s largest producer of renewable energy, enabling Mercedes-Benz Cars to source electricity directly from wind farms in Germany, whose subsidies from the Renewable Energy Act (EEG) expire after 2020. million kWh.

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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. The acquisition will bolster M&M’s current development work, as well as give it a position in the electric car market. Earlier post.)

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False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

In 2001, a team of engineers at a then-obscure R&D company called AC Propulsion quietly began a groundbreaking experiment. They wanted to see whether an electric vehicle could feed electricity back to the grid. For the utilities, it promised an economical way of meeting rising demand for electricity.

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BMW Group and Samsung SDI expand partnership on electric drive batteries; i3, i8 and additional hybrid models

Green Car Congress

Samsung SDI is currently developing next generation batteries for electric cars together with the United States Advanced Battery Consortium (USABC). For this reason, the company opened a local purchasing office in 2009. BMW Financial Services has also been active in South Korea since 2001. from 2012.

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California Governor announces $120M settlement with NRG will fund electric car charging stations across California; new Executive Order to accelerate commercialization of ZEVs

Green Car Congress

stemming from claims reaching back to Dynegy and the California energy crisis in 2000 and 2001) that will mostly be applied to fund the construction of a statewide network of plug-in vehicle charging stations, including at least 200 public fast-charging stations and another 10,000 plug-in units at 1,000 locations across the state.