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. It is not how can we get low cost capital to take more risk.

Financing 150
article thumbnail

Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

According to Marcero, who is part of the firm’s Corporate Advisory and Restructuring Services team based in Southfield, Mich., Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations.

Grant 150
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.

BYD 62
article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

As a result, politicians, corporate leaders, and consumers may weigh ESG (environmental, social, and governance) factors more favorably in their decision making moving forward, as a Wall Street Journal article explains. In Asia, a joint venture has even launched a new low-cost electric car brand in the midst of the pandemic.

Economy 52