Green Cars News

MAY 14, 2010

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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Stimulus Package Auto Industry Global Industrial 54

Green Cars News

AUGUST 5, 2009

“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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Green Cars News

SEPTEMBER 6, 2009

This has been prompted by the government’s stimulus plan for the auto industry which has boosted domestic demand and ensured industry growth. per cent compared to a year earlier and the fifth month in a row during which auto sales exceeded one million units according to the China Association of Automobile Manufacturers.

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China Stimulus Vehicles Automobile Manufacturer 36

Green Cars News

AUGUST 11, 2009

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

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Green Electric Cars Stimulus Obama 51

Revenge of the Electric Car

MAY 17, 2010

Can electric cars break out of niche status in US, China market? Despite a surge in interest, electric cars may remain niche products in the world’s two largest auto markets. China overtook the US last year as the largest auto market in the world. Chinese green-car subsidies on hold.

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China E6 Gasoline-Electric Chinese 133

Green Cars News

MAY 1, 2009

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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Plug-in Plug Stimulus Package Hybrid 39

Green Cars News

AUGUST 18, 2009

Though the scheme proved so popular that the initial $1billion set aside for it ran out last month, auto sales only rose by 2.4 According to Knittel the results suggest that the programme is an expensive way to reduce carbon, although he does state that it is possible the stimulus benefits outweigh added environmental costs.

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Cash For Clunkers Green Obama Scrappage 36