Remove Battery Powered Remove Market Remove Price Remove Stimulus Package
article thumbnail

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

Tony Karrer Delicious EVdriven

the only companyselling hydrogen-powered cars to U.S. policy shifts to favor battery-powered autos. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. customers $600 a month to lease.Honda hasn’t revealed its production price.

Obama 53
article thumbnail

Coming Soon – The Electric City

Revenge of the Electric Car

And at the headquarters of Pacific Gas and Electric, utility executives are preparing “heat maps” of neighborhoods that they fear may overload the power grid in their exuberance for electric cars. Price and tax incentives need to be worked out. Battery-powered motors are more efficient than gasoline engines.