Engine Stimulus Stimulus Package Tax 
Green Car Congress
MAY 7, 2009
Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 China unveiled a support package for the auto industry early this year, cutting purchase taxes for cars with small engine capacities and providing subsidies to rural purchasers. People’s Daily.
Green Car Congress
JULY 22, 2009
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. Is tax equity dead? Cap and Trade Disappointment.
Tony Karrer Delicious EVdriven
APRIL 30, 2009
Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Honda, the world’s largest engine maker, set a goal ofleading the industry in hydrogen fuel cell autos. We will have packages that will be verycompetitive at that time.”
Green Car Congress
MAY 27, 2009
First, the industry is approaching the ethanol-to-gasoline blend wall of 10% ethanol, 90% gasoline in standard gas engines. KATZEN International is a technology and engineering firm that provides complete process technology for ethanol plants. Either the developer provides the guarantee, the engineer or a third party insurance company.
Revenge of the Electric Car
FEBRUARY 18, 2010
Around the same time, General Motors will introduce the Chevrolet Volt, a vehicle able to go 40 miles on electricity before its small gasoline engine kicks in. Price and tax incentives need to be worked out. Battery-powered motors are more efficient than gasoline engines. Locations must be found for charging stations.
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