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Will Obama’s billions jumpstart the electric car? The Green Piece

Green Cars News

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 Who will benefit? Our verdict.

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

In the US, Chrysler and General Motors fell into bankruptcy; while in Japan even its major automakers have been left reeling from significant profit falls. With few of us having the cash or credit to buy an expensive new addition, the bottom seems to have fallen out of the automotive industry which has been plunged into crisis.

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When Will EVs Hit Primetime?

Revenge of the Electric Car

Despite a surge in interest, electric cars may remain niche products in the world’s two largest auto markets. Interest in electric cars is surging: •Nearly 52,000 people were wait-listed as of mid-April for General Motors’ electric model, the Volt, due in November. Advocates disagree. By Jaeah Lee, Contributor.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. Further, the government may be suffering from the early stages of bailout fatigue. Laura Marcero

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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. OStatic] Nokia E71x Expected on May 4th: Here’s Reading Material Until Then [jkOnTheRun] Renewable Standards to Spur Moore’s Law for Cleantech?

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Policy (Update2) Share | Email | Print | A A A By Alan Ohnsman April 27 (Bloomberg) -- Honda Motor Co. , policy shifts to favor battery-powered autos. General Motors Corp., Toyota Motor Corp. and startups Tesla Motors Inc. While GM, Toyota and Hyundai Motor Co. and Nissan MotorCo.,

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

With General Motors and Chrysler also showing signs of modest improvement, all looked rosy. 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 At least that was until analysts started to delve a little deeper. So is this scheme green at all?