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Japan ends subsidy program for green car purchases

Green Car Congress

The government revived the stimulus in a fourth supplementary budget for fiscal 2011 as many carmakers suffered disruptions to production and exports following the March 11 earthquake and tsunami, and flooding in Thailand. The subsidy was supposed to be eligible for vehicles registered as new cars between Dec. billion (US$3.5

Japan 247
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Ricardo responds to electric drive stimulus package

Green Cars News

Ricardo, one of the leaders in the development of electric and hybrid vehicles, has welcomed President Obama’s announcement of $2.4billion in grants to accelerate the manufacturing and deployment of the next generation of US batteries and electric vehicles.

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

It seems a spark is needed to get us back to the showrooms – so are the leading manufacturers right to put their faith in green cars? Honda too has pinned its recovery hopes on green cars, pushing both hybrid and hydrogen fuel cell technology. Averting a slump. per cent compared to the same time last year and, at Y7.56

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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.

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GE to open new battery plant

Green Cars News

Initial investment in the factory will reach $100million with GE also making a submission this week for Federal stimulus dollars from the US Department of Energy. It hopes that with the stimulus funds it can select the exact location and break ground on the plant this year. The GE locomotives are scheduled to be commercialised in 2010.

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Global auto industry receives $44 billion for greener cars

Green Cars News

The market for alternative fuel vehicles is being strongly supported economic stimulus packages and other government programs in at least 13 markets. Consumer demand for greener vehicles as well as new regulations [.]. Tags: Electric cars alternative fuel automotive Deloitte global market.

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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

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