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Will Obama’s billions jumpstart the electric car? The Green Piece

Green Cars News

If you listen to US President Barack Obama it has been a long time coming – his decision to pour $2.4billion of stimulus money to make America a global leader in electric and hybrid car development comes as the country plays catch up to the likes of Japan and even China in the green car race (see article ). “I Who will benefit? Our verdict.

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The electric car and grid parity - OregonLive.com

Tony Karrer Delicious EVdriven

The state of Michigan, which has seen its economy decimated by the collapse of the gas-powered auto industry, is pouring incentives into the alt-car market. Thats the kind of incentive that tends to invite new entrants to the field, and indeed, Michigan has seen new ventures springing up from local and global companies.

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