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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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China Car Sales Likely Hit New Record in April

Green Car Congress

Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Official figures for vehicle production and sales are scheduled for release next Monday. Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry.

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Ricardo responds to electric drive stimulus package

Green Cars News

Ricardo, one of the leaders in the development of electric and hybrid vehicles, has welcomed President Obama’s announcement of $2.4billion in grants to accelerate the manufacturing and deployment of the next generation of US batteries and electric vehicles.

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The Race to Plug-In Hybrids Is On

Green Cars News

A powerful roster of key industry players in the rapidly evolving electric vehicle arena will come together at Infocast’s Opportunities in Grid-Connected Mobility in San Francisco, California. A key goal of the Obama administration is to have one million ‘PHEVs’ or a fully electric vehicle on the road by 2015.

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GM: Let's Hash Out Open Plug-In Car Standards

Tony Karrer Delicious EVdriven

The auto industry is now gearing up to hash out those standards at the SAE conference in Detroit next week — and GM has a major stake in getting them out swiftly. And for this ecosystem to be robust, there must be commonality, especially when owners are plugging into the electrical grid.

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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. That should be in plenty of time since even the most optimistic of us (that would be me:~) don’t expect much more than a million vehicles delivered nationwide by 2012. Photo by Eric Tom).

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

Some numbers and percentages in Europe may look different from what you see elsewhere, because I’ve added light-commercial vehicle sales to numerator and denominator, to make the comparison with other regions equitable. Since the general auto market remained slumped, global EV market share increased nicely from 2.8% Yup, yup, yup.

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