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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

A multi-partner team, led by PNNL as part of the Battery500 research consortium, will receive an award of up to $10 million per year for five years to drive progress on DOE’s goal of reducing the cost of vehicle battery technologies. University of Oregon. Berkshire Hathaway Energy. California Air Resources Board. ChargePoint.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Electric vehicles are "definitely affordable and environmentally friendly technology, and we think theres a huge potential market in China for them," Li Shufu, Geelys chairman, said in an interview Monday. It would take five to 10 years before they become truly affordable for everyday folk," Mr. Zhao said.

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

Tony Karrer Delicious EVdriven

BYDs plug-in, called the F3DM (for "dual mode"), goes farther on a single charge - 62 miles - than other electric vehicles and sells for about $22,000, less than the plug-in Prius and much-hyped Chevy Volt are expected to cost when they hit the market in late 2010. we could not afford to do anything like this."

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