Remove Cheap Remove International Remove Stimulus Remove Stimulus Package
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008).

Financing 150
article thumbnail

2020 Top 10 Countries in the Global EV Revolution

EV Sales

Most of this was driven by Europe, where strict cash penalties levied directly on automakers, for each ICE (internal-combustion engine) sold, came into effect January 2020 — and simply worked! Since the general auto market remained slumped, global EV market share increased nicely from 2.8% in 2019 to 4% in 2020.

2020 52