Following the lead of its government, which recently pledged a whopping $15 billion towards helping accelerate the electrification of the automobile, Chinese automaker Dongfeng has announced that it plans to do its part by adding a further $440 million to that tally over the next five years. Most of the money is to be divided into programs to help commercialize fuel-efficient powertrains, set up demonstration programs and support infrastructure for the roll-out of hybrid and electric vehicles. Dongfeng is the third largest automaker in China and currently manufactures a range of automobiles...
Electric Vehicle Incentives Guide: Country By Country
Green conscience and new technology are both laudable, but getting extra money in your back pocket is nice too. Now, after all those years of paying taxes on your hard work, you can finally get some of it back. Consider it a tax refund for buying an electric car. Now that we know the purchase and...Antony Ingram
As Governments Worldwide Tighten Fiscal Wallets, Are EV Programs at Risk?
The U.K. coalition government has warned auto industry that it cannot continue to offer financial assistance to enable it to fully recover from the global recession. In addition, concern has been raised that even purchase grants for plug-in vehicles may be at risk if the government is unable to...Nikki Gordon-Bloomfield
New Maryland Laws Helps EV Uptake, Reduce Commuting Time.
The Washington D.C. metropolitan area is one of three key markets for the roll-out for the current wave of electric cars and yesterday residents of Maryland were given a whole new set of incentives to go electric. Democratic Governor Martin O'Malley signed two historic bills into state law to give...Nikki Gordon-Bloomfield
Californians: Buy a 2010 Tesla Roadster, Get $12,500 Off!
The nice thing about buying advanced-technology cars is that many of them, at one point or another, come with financial incentives meant to encourage fuel efficiency. Even if the car in question is a 2010 Tesla Roadster, the $109,000 two-seat all-electric convertible that blasts from 0 to 60 mph in...John Voelcker
Want $42K Off A New Tesla Roadster? Call Your Colorado Cousin
[REVISED UPDATE, October 23: For awhile, it seemed too good to be true. The full text of Colorado House bill 09-1331, "An Act Concerning Incentives For Efficient Motor Vehicles," turns out to include a cap of $6,000 on the tax credit available for any low-emission car. The all-important phrase...John Voelcker
Though he's no longer in politics, former President Bill Clinton is still a busy guy. A week ago he was negotiating the release of reporters, Euna Lee and Laura Ling from North Korea. On Monday he stopped in Las Vegas at the National Clean Energy Summit. The summit focused on ideas to promote clean power and energy efficiency in the U.S. and Clinton had a number of them. Though the Cash for Clunkers program has drawn the ire of many environmentalists, it has been largely successful in getting people to trade their old gas-guzzlers for newer, more efficient vehicles. Clinton suggested...