US VP Biden outlines 3-part plan to have 1M advanced technology vehicles on US roads by 2015

Green Car Congress

factory today, Vice President Biden outlined the Administration’s new plan for reaching that goal. The President is proposing to transform the existing $7,500 tax credit for electric vehicles into a rebate that will be available to all consumers immediately at the point of sale, similar to “Cash for Clunkers”. The President’s Budget proposes expanding funding for vehicle technologies by almost 90% to nearly $590 million and enhancing existing tax incentives.

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GM Launches Trial of Sales on eBay

Green Car Congress

Starting tomorrow and running through 8 September, GM is running a test program for online car sales on eBay in California at gm.ebay.com. Consumers will be able to browse California dealer online showrooms, ask questions, negotiate prices, and arrange financing and payment to purchase a new 2008, 2009 or select 2010 car, crossover or truck online.

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Trending Sources

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

For the past few years, EVs became an increasingly popular choice amongst drivers. As a McKinsey report points out, early adopters sparked 60% growth year-on-year for the past decade.

Cash for Volts?

Revenge of the Electric Car

A coalition of car makers, battery suppliers and electricity providers has come together to ask for federal help for EVs. by Judith Burns for Dow Jones. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. WASHINGTON -(Dow Jones)- Move over, cash for clunkers. Nissan is bullish on plug-ins, which Ghosn predicts will account for 10% of cars sold by 2020.

Volt 100

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Calling the recent weeks “ one of the most emotionally difficult times for me as I’ve seen people with far more clout than I fail to make headway in changing the lackluster, dispiriting and immensely frustrating responses to the Gulf catastrophe ,” CalCars founder Felix Kramer has written a pre-response to President Obama’s scheduled Tuesday night speech to the US about the catastrophe in the Gulf of Mexico.]. Realists” say that’s impossible for decades.

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Labour's £5,000 sweetener to launch electric car revolution | Environment | The Guardian

Tony Karrer Delicious EVdriven

It will be launched today by Geoff Hoon, the transport secretary, and Lord Mandelson, the business secretary, with the aim of kickstarting the market for cleaner road vehicles and slashing the UKs CO2 emisisons. The cash incentive for consumers would be available to offset the higher upfront costs of electric cars , in particular the price of the batteries in modern vehicles. It has developed for itself some high aspirations in the role the UK is going to play."

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