article thumbnail

New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

To ensure and accelerate the transition, we must move beyond the set of traditional mechanisms that have been used to assist one-to-one replacements of trucks and buses, such as grant programs providing basic buy-down payments. To date, traditional government grant programs have helped fleet owners replace diesel trucks with cleaner ones.

Financing 221
article thumbnail

DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

Green Car Congress

The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

Stimulus 150
article thumbnail

Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

Green Car Congress

This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. grants to offset the price premium.

2018 276
article thumbnail

Coulomb, MasterCard, and the future of public charging

Plugs and Cars

The charge stations and installations were paid for with federal stimulus and California Energy Commission grants won by Coulomb. If you are a business in a program area, you can get the same deal - free charge stations paid for by stimulus money. Ecotality's EV Project got an exclusive.) But for whom?

Charging 203
article thumbnail

Feds Offer Free Chargers

Revenge of the Electric Car

A new Federal Grant will enable many electric vehicle early adopters to get their chargers for free. (A Nine United States regions will receive 4,600 free chargers for public and private use through the ChargePoint America program, funded in part by $15 million in stimulus funds administered by the Energy Department. A $2,000 value!).

San Jose 127
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. Grant Davis is a Managing Director at New York Life Investments.

Financing 150
article thumbnail

PwC industry survey provides check-up on determining factors for EV success

Green Car Congress

This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs. Companies continue to work on achieving a balance between investing in development of new technologies and passing the costs on to the consumer.