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Obama gives $2.4bn Jump Start To Battery Makers

Revenge of the Electric Car

billion competitive grant program for US battery makers. billion grant program to aid electric cars. “Even as our economy has been transformed by new forms of technology, our electric grid looks largely the same as it did half a century ago,&# Obama said. Photos: Luis Sinco / Los Angeles Times. The new $2.4-billion

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Four Major Trends in the eMobility Industry in 2021

Driivz

The “carrot” typically takes the form of incentives such as subsidies and tax credits. The German government offers grants up to €9,000 plus tax reductions for fully electric passenger vehicles, €40,000 for small to medium-sized electric trucks and up to €500,000 for heavy-duty trucks.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

That was always the tradeoff with prior green efforts. early technology adopters and relatively affluent urban consumers interested in a “green” commuter car). Given the high cost of battery production, a BEV that approaches affordability (with generous tax credits) has a driving range of about 70-100 miles on a full charge.

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