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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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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

Automakers unveiled more than a dozen production-ready, plug-in electric and hybrid electric vehicles at the Detroit auto show earlier this month, many of which will be on dealership lots between 2010 and 2012. So instead, Edison and auto manufacturers are turning to “smart metering&# technologies.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

This is a global challenge, to which different countries can contribute in different ways, and the big picture must be in view. Since the general auto market remained slumped, global EV market share increased nicely from 2.8% Globally ~14k Ioniq BEVs were sold. It *is* literal madness to keep doing it. 3RD PLACE — TIE!

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