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Global auto industry receives $44 billion for greener cars

Green Cars News

The global automotive industry is receiving close to US$44 billion from governments around the world to develop alternative fuel technologies, analysts at Deloitte reveal. The market for alternative fuel vehicles is being strongly supported economic stimulus packages and other government programs in at least 13 markets.

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Ricardo responds to electric drive stimulus package

Green Cars News

“Measures aimed at spurring innovations that will increase the electrification of road transportation, such as those announced today, are to be welcomed as extremely good news for the auto industry as well as for society. .

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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.

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Smart Meters and Electric Cars

Revenge of the Electric Car

This is a well written story in the Pasadena Star News about how the utilities are gearing up for the coming plug-in vehicles. The economic stimulus package currently before Congress could include incentives for both buyers of electric vehicles and electric vehicle battery manufacturers.

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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. Fortunately for all of us, climate change guru, Joe Romm of Climate Progress, has already done the heavy lifting and outlined just how green and positive this new bill is. Read Gristmill’s report here.

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