article thumbnail

Ricardo responds to electric drive stimulus package

Green Cars News

Ricardo, one of the leaders in the development of electric and hybrid vehicles, has welcomed President Obama’s announcement of $2.4billion in grants to accelerate the manufacturing and deployment of the next generation of US batteries and electric vehicles.

article thumbnail

The Race to Plug-In Hybrids Is On

Green Cars News

The new administration’s stimulus package allots $2B for advanced batteries, $300M for federal and states fleets to buy new clean fuel vehicles and $7,500 tax rebate for PHEV, with yet more money in the Auto-Industry Re-tooling fund. No on has a lock on this future; everything is up for grabs.

Plug-in 39
article thumbnail

Smart Meters and Electric Cars

Revenge of the Electric Car

The economic stimulus package currently before Congress could include incentives for both buyers of electric vehicles and electric vehicle battery manufacturers. While it is not the first time a future of electric cars has been on the horizon, industry experts say this time its for real.

article thumbnail

Greenius Is Fired Up Over Obama’s Green Economic Recovery Bill!

Creative Greenius

This bill is not only the most sweeping economic recovery package in our nation’s history, it’s also the greenest. Some of the green benefits you’ll read about in Joe’s blog: Smart Grid/Advanced Battery Technology/Energy Efficiency. Tax Incentives to Spur Energy Savings and Green Jobs.

Green 150
article thumbnail

2020 Top 10 Countries in the Global EV Revolution

EV Sales

8TH PLACE: SOUTH KOREA, 51 POINTS (6TH IN 2019) Claim to fame: Korean EV makers (basically, the Hyundai-Kia conglomerate) continued their advance, nearing 200k made in 2020, while Korean battery makers cemented their global dominance with twin giants LG Chem and Samsung launching factories in Hungary, and more being built elsewhere.

2020 52