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Japan ends subsidy program for green car purchases

Green Car Congress

Japan has decided to end a government subsidy program to encourage purchases of environmentally friendly cars as funds dwindle. The subsidy was supposed to be eligible for vehicles registered as new cars between Dec. According to the Ministry of Economy, Trade and Industry, the government only has ¥2.5 billion (US$3.5

Japan 247
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China on track for 12million vehicles

Green Cars News

If you’re still not taking China’s push to become a major automotive power seriously, then this statistic is sure to give you food for thought: according to an official with the National Development and Reform Commission (NDRC), the country is on track to produce a record 12million vehicles this year.

China 36
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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

Green 51
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When Will EVs Hit Primetime?

Revenge of the Electric Car

car’s introduction. If electric cars can’t break out of niche status in. the world’s two largest passenger car markets, then a transition away from. gasoline-powered vehicles could be delayed. likely to be frustrated by the lack of available cars. Chinese green-car subsidies on hold.

China 133
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Scrappage scheme could be popular than expected

Green Cars News

Thomas Crossley, a programme director at IFS, commented: “The Government’s car scrappage scheme will offer a £2,000 discount to people who scrap a licensed car that is at least 10 years old and purchase a new vehicle by March 2010. This is 3 per cent of the estimated number of vehicles more than 10 years old and about 12.5

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

With payments of up to $4,500 for motorists willing to swap their ageing gas guzzling vehicles for more fuel efficient ones, it seemed like a ‘can’t lose’ scheme with consumers getting cheaper cars, the automotive industry enjoying more sales and the environment boosted by a reduction in harmful emissions.