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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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Smart Meters and Electric Cars

Revenge of the Electric Car

“There is the technology, there is the market, but there is a bigger question than that: it’s also very much about connecting to the nation’s (electrical) grid and where the electricity comes from.&#. So instead, Edison and auto manufacturers are turning to “smart metering&# technologies.

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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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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.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

This has lots to do with spare cash; as a new technology EVs have come in pricier than average, and even more so they’ve had that perception. France’s auto industry is probably the largest Western auto industry that goes completely under the radar in the US. Domestic market not shabby either.

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