Post Tagged with: "evs"

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EVs and Hybrids Still Too Expensive

EVs and Hybrids Still Too Expensive

The EVs and hybrid vehicles are still too expensive even with tax credits of $7,500 per vehicle. According to the Congressional Budget Office’s presentation at this year’s Energy Information Administration conference, which took place on June 24th, based on the 2011 prices, the tax credits offered by the government could […]

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Wanxiang Group granted approval to buy A123 Systems

Wanxiang Group granted approval to buy A123 Systems

China’s largest auto parts manufacturer won U.S. government approval to buy A123 Systems, a bankrupt maker of electric car batteries that was funded with federal money. According to a source familiar with the situation cited by Reuters, a U.S. government committee on foreign investment approved the sale of the lithium-ion […]