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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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National Alliance for Advanced Transportation Batteries Opts for Kentucky Site for Li-ion Plant

Green Car Congress

NAATBatt is a not-for-profit industry consortium of more than 50 corporations, associations and research institutions dedicated to making the United States a world leader in the manufacture of advanced lithium-ion or Li-Ion battery cells for transportation applications.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

So far, President Barack Obama has announced no new federaleffort to promote the fuel, and federal funding for hydrogen fortransportation use in the 2009 budget dropped to $177.7 Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars.

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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?

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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. Annual investment in the global renewables industry had grown from $16.5

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Plug-in cars: Moving Forward

Plugs and Cars

In the past industry ultimately called the shots. President Obama has stated a commitment to 1 million plug-in cars by 2015. In addition to the California funds there is federal stimulus money, $41 million by mid-April, being doled out to their projects, many of zero environmental benefit. Will we get our money’s worth?

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NYC Goes EV

Revenge of the Electric Car

Last week, the Obama administration announced new fuel economy standards for automobiles that provides some incentives for electric cars. On the national level, the Obama administration has set the goal of 1 million plug-in hybrids on U.S. billion in stimulus grants to the industry. roads by 2015 and has provided $2.4