Samsung will take over Magna Steyr's battery business. Samsung SDI's acquisition of the battery pack operations of Magna's Austrian arm includes the company's 264 employees, its properties and all current contracts. Samsung expects the acquisition to help expand its battery making capabilities for electric vehicles and "provide new momentum to expand our business and customer base," according to Samsung SDI President and CEO Namseong Cho. The business will change hands for an undisclosed amount after regulatory approval, which is expected in the first half of this year. Read more at Green Car Congress, or in a press release from Samsung SDI.

Metrocab will provide free rides in its range-extended electric taxi in central London. With operator ComCab, Metrocab will record customer reactions to the new electric taxi to make a short promotional film, with riders who participate having their fare waived. According to ComCab's Karl Maresch, the new Metrocab "could revolutionise our business, with the cost savings being very significant." The new Metrocab is also in the running for Taxi And Private Hire Innovator of the Year in the London Transport Awards 2015. Read more in the press release from Metrocab.

British Columbia's Clean Energy Vehicle incentive program is seeing approval from dealers. Approved as part of the provincial budget, the renewed Clean Energy Vehicles Point of Sale Incentive program will receive $7.5 million (Canadian) in funding, covering battery electric, fuel cell and plug-in hybrid vehicles. Extra funding will go toward charging equipment incentives and public outreach. "British Columbia has the highest per-capita electric vehicle sales and the largest charging infrastructure in Canada," according to Bill Bennett, Minister of Energy and Mines. Read more in the press release below.

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Investment Gets Green Vehicles Rolling

Clean Energy Vehicle Program gets Green Light

(Vancouver, BC) February 23, 2015: British Columbia's new car dealers are applauding the reintroduction of a Clean Energy Vehicle incentive program in last week's provincial budget.

"On behalf of BC's new car dealers, we are pleased to see the announcement in the BC Budget of $7.5 million for a Clean Energy Vehicles (CEV) Point of Sale Incentive program along with additional funding for charging equipment incentives, sales incentives and public outreach," said Blair Qualey, President and CEO, New Car Dealers Association of BC (NCDA). "The Association, on behalf of its members, has consistently advocated for the continuation of incentives for the purchase of clean energy vehicles and congratulate the BC Liberal Government on their continued leadership."

The newly announced funding will provide incentives for qualifying new battery electric, fuel cell electric, and plug-in hybrid electric. Funding of this incentive program will help to continue attracting new clean energy vehicles to the BC market. The NCDA will once again administer this program on behalf of the provincial government.

"British Columbia has the highest per-capita electric vehicle sales and the largest charging infrastructure in Canada," said Bill Bennett, Minister of Energy and Mines. "We look forward to working with the New Car Dealers Association on the renewed Clean Energy Vehicle program and encouraging even more British Columbian's to consider clean, green options the next time they visit the showroom looking for a new car."

BC has now established itself as a market with high demand and infrastructure in place for manufacturers to offer new electric, plug-in hybrid electric, and fuel cell cars.


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