ChargePoint and National Grid unveiled May 22 the first of what will be many electric vehicle charging stations funded through a $1 million award from the New York State Energy Research and Development Authority (NYSERDA). The ChargePoint EV charging station, which can charge two cars at once, has been installed at the Homewood Suites on
+ Read More
China has been pushing the production and adoption of electric vehicles and is set to continue doing so. By 2012, 25 pilot cities had promoted 27,432 new energy vehicles totally within two years after the subsidy policy was implemented, including 23,032 ones used in public services and 4,400 ones bought by individuals. In March, 2013,
+ Read More
Electric vehicle projects are getting a cash boost from the Canadian government. Canada’s Minister of State (Sport) and Member of Parliament for Bramalea-Gore-Malton, the Honourable Bal Gosal, announced Friday, May 3, that the Government of Canada will invest over $21 million for 13 innovative clean energy projects in the Greater Toronto Area. These projects are
+ Read More
General Motors became today the first automaker among 40 major U.S. companies to sign a “Climate Declaration,” collectively asserting that responding to climate change is good business. The campaign is organized by sustainable business advocacy group Ceres and its Business for Innovative Climate & Energy Policy, or BICEP, coalition. GM’s participation was announced today at
+ Read More
Tesla’s sales distribution model of selling cars directly through stores rather than through the traditional dealership model seems to be well seen in Texas; or at least well seen by business readers of the Austin Business Journal. A readers poll conducted by the Austin Business Journal shows that 86 percent of respondents favor direct-to-consumer sales
+ Read More
Fisker’s debacle is making a lot of noise both in automotive and in financial circles. After weeks of analysis by PrivCo’s staff of attorneys, accountants and financial analysts, PrivCo released yesterday its timeline detailing Fisker Automotive’s “Road To Ruin,” supplemented by never-before published documents. Based in New York, PrivCo describes itself as a provider of
+ Read More
Currently, plug-in hybrid electric vehicle (PHEV) incentives are offered by the U.S. federal government, 20 U.S. States, three Canadian provinces, a dozen European nations, Japan, China and other entities. Auto manufacturers and their early adopter customers know first-hand that tax incentives are playing a critical role in creating and scaling up the new plug-in transportation
+ Read More
John Hofmeister, former President of Shell Oil and CEO of Citizens for Affordable Energy, will be joining the Fuel Freedom Foundation Advisory Board. Fuel Freedom is a non-partisan, non-profit organization dedicated to breaking America’s oil addiction by opening the fuel market to allow replacement fuels like ethanol, methanol, natural gas and electric vehicles to fairly
+ Read More
As part of an ongoing investigation by the Canada’s Competition Bureau, Furukawa Electric Co., Ltd. (Furukawa), a Japanese supplier of motor vehicle components, was fined $5 million by the Ontario Superior Court of Justice for its participation in an international bid-rigging conspiracy. This fine is the largest ever ordered by a court in Canada for
+ Read More
Early this month, during the Geneva Motor Show, the Volkswagen Group announced for the first time its decision to reduce more than originally intended the fuel consumption of its new vehicle fleet. This decision was put forward once again by Prof. Dr. Martin Winterkorn, chairman of the Executive Board of Volkswagen Aktiengesellschaft, during the first
+ Read More