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US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

Green Car Congress

This grant would allow ConnDOT to upgrade the upcoming purchases of buses and would fund the incremental cost of a hybrid bus compared to a conventional bus. AC Transit, California (Hayward, headquarters in Oakland): $6,400,000. The project includes quick-charging stations at this terminal layover in route to recharge bus batteries.

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

Tony Karrer Delicious EVdriven

A chemist and government researcher, Wang raised some $300,000 from relatives, rented about 2,000 square meters of space, and set out to manufacture rechargeable batteries to compete with imports from Sony and Sanyo. This attention to costs is one reason that BYD has made money consistently even as it has expanded into new businesses.

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