Group items tagged

DOE Offers $2.4 Billion to Support Next-Generation Electric Vehicles President Barack Obama announced on March 19 that DOE is offering up to $2.4 billion in American Recovery and Reinvestment Act funds to support next-generation plug-in hybrid electric vehicles and their advanced battery components. Of the $2.4 billion, $1.5 billion in grants will go to U.S. manufacturers to produce high-efficiency batteries and their components; $500 million in grants will go to U.S. manufacturers to produce other components needed for electric vehicles, such as electric motors; and $400 million will go towards projects that demonstrate and evaluate plug-in hybrids and other electric infrastructure concepts. When these plug-in hybrid vehicles are offered for sale, U.S. residents who purchase them will be able to claim a tax credit of up to $7,500. Building a plug-in hybrid vehicle industry in the United States will create tens of thousands of jobs and will reduce our nation's dependence on foreign oil.

Unleash high octane driving fun with the new Mitsubishi Lancer EX GT-S. With a bold new look and an integrated chrome front grille and racy lower lip styling, I'd say it's a moving statement on the road.

The U.S. Department of Transportation today proposed a new, consumer-friendly replacement tire label which would include, for the first time, information about the tire's impact on fuel economy and CO2 emission reductions. Tires with lower rolling resistance - and proper inflation pressure - can contribute to improved fuel economy.

Today, the National Hydrogen Association released a new report called the "Energy Evolution: An Analysis of Alternative Vehicles and Fuels to 2100." The Energy Evolution shows that a scenario which initially includes a mix of alternative vehicles, and is later dominated by hydrogen fuel cell electric vehicles sales is the only way to simultaneously cut U.S. greenhouse gas pollution by 80% below 1990 levels; reach petroleum quasi-independence by mid-century; and eliminate nearly all controllable air pollution by the end of the century. The report also shows that an expansion of hydrogen stations is more affordable than most people think.

The Senate bill includes a 30 percent manufacturing tax credit for renewable energy equipment, but it lacks the direct-payment provision sought by solar energy advocates. The Senate's bill also has money for batteries, plug-in hybrids and energy-efficiency homes.