Remove Grant Remove Industry Remove Purchase Remove Stimulus
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European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

Green Car Congress

Purchase and investment incentives should be based on similar criteria across Europe, drawing on both national and EU funding. We need a coordinated relaunch of industrial and retail activity, with maintained liquidity for businesses. Grant uniform exemptions for cross-border commuting and necessary travel.

Renewable 207
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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations.

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This is How the COVID-19 Pandemic Affect The Global EV Market

Get Electric Vehicle

The COVID-19 control measures and the economical crisis that followed took a massive toll on the global automotive and manufacturing industries. The main reasons for global automotive sales drop are, The purchasing power of consumers decreased. As a result, a huge drop in sales in the automotive sector was reported worldwide.

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

Ener1 said that customer interest in its lithium-ion batteries from all segments remained strong in spite of distress the auto industry and current recessionary economic conditions. Ener1 purchased $21.3 Net loss in 2008 was $43 million, compared to a loss of $51.7 million in 2007. million of equipment during 2008, of which $7.2

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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. Anderson has worked in power industry finance since 1992.

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Will Obama’s billions jumpstart the electric car? The Green Piece

Green Cars News

If you listen to US President Barack Obama it has been a long time coming – his decision to pour $2.4billion of stimulus money to make America a global leader in electric and hybrid car development comes as the country plays catch up to the likes of Japan and even China in the green car race (see article ). “I Who will benefit? Our verdict.

Green 51
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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Or No Cars?