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California Energy Commission awards nearly $2M to support alternative fuel production and vehicles

Green Car Congress

The California Energy Commission unanimously approved funding of $1,974,330 for the expansion and upgrade of a biodiesel production facility and buy-downs of alternative-fuel vehicles. in Stockton, for the buy-down of 19 propane gas vehicles of 8,501 to 14,000 pounds gross vehicle weight.

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Study: People Want to Buy EVs but Costs Are Still Too High

The Truth About Cars

One of the things that EV antagonists often cite is a lack of buyer enthusiasm for electric vehicles. A recent study from KPMG found that most people are interested in buying an EV, but many cite affordability as a hurdle to ownership.& As it turns out, the demand is there, but costs are a significant hurdle for buyers.

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California Energy Commission awards more than $2.6M for natural gas vehicles

Green Car Congress

The awards are expected to support the purchase of more than 125 new natural gas vehicles; funding comes from the Commission’s Alternative and Renewable Fuel and Vehicle Technology Program. Eligible vehicles meet all the emission requirements of the Air Resources Board and are fully warranted by their manufacturers.

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Toyota to debut 2 BEVs, 1 PHEV for US this year; says research shows BEVs & PHEVs have similar environmental benefits

Green Car Congress

Toyota currently has more than 40% share of the total alternative fuel vehicle market, which includes a 75% share of the fuel cell market and a 64% share of hybrids and plug-ins. By 2025, Toyota’s goal is to have 40% of new vehicle sales be electrified models, and by 2030 expects that to increase to nearly 70%.

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California Energy Commission approves almost $700K for alt fuel projects

Green Car Congress

The California Energy Commission approved $678,889 to projects that will boost the number of alternative fuel vehicles on the state’s roadways. The awards were made through the Commission’s Alternative and Renewable Fuel and Vehicle Technology Program, created by Assembly Bill 118. Greenkraft, Inc.,

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GE Capital to provide financing for electric motorcycle maker Brammo

Green Car Congress

with inventory financing to support the expansion of its dealer network in the US. CDF already provides inventory financing for other brands of alternative fuel and hybrid motorsports products. It is an important element of a successful manufacturer-dealer business model.

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California Energy Commission awards more than $8.5M to bring natural gas- and propane-powered vehicles to California

Green Car Congress

The awards are funded by the Commission’s Alternative and Renewable Fuel and Vehicle Technology Program. million to help buyers afford new, alternative-fueled passenger vehicles and medium- and heavy-duty buses and trucks. Kenworth is the original equipment manufacturer of the vehicles. Navistar, Inc.