article thumbnail

Bright Automotive Applies for $35M in Stimulus Package Grants to Accelerate Production of PHEV

Green Car Congress

Bright Automotive has applied for $35 million in government grants to accelerate the production of its plug-in hybrid the IDEA ( earlier post ), and to deliver battery solutions to the industry through its engineering services arm.

article thumbnail

Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

Green Car Congress

This will take place within the framework of the German economic stimulus package (Konjunkturpaket II) and other national and state programs to jointly address standardization and cost reduction issues. Germany, with its excellent ideas from all over the country, is to become the market leader for modern drive technologies.

Germany 268
article thumbnail

Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

Last year people were able to get unleveraged tax equity financing to monetize the production tax credits at yields to the tax investor of 6-7%; this year tax equity investors are seeking yields ranging from 10-15% for leveraged tax equity transactions utilizing the investment tax credit that is now available under the Stimulus Bill.

article thumbnail

Smart Meters and Electric Cars

Revenge of the Electric Car

“The idea is for electric cars to take advantage of “off-peak&# hours of low energy demand late at night, when the lights are out and TVs are off, but power plants are still producing, explained Ed Kjaer, director of electric transportation at Edison.&#. Photo by Eric Tom). Edison’s answer: new meters.

article thumbnail

2020 Top 10 Countries in the Global EV Revolution

EV Sales

But that’s nothing compared to what Germany — who, to my recollection, wins its first-ever Top EV Country medal — did last year… Coming out of the first Covid lockdown, most Western European countries passed some version of a “mini green new deal” in their stimulus packages. I have no idea. The 2008 $7.5k I mean, nothing.

2020 52