Lotus is also on course to be profitable, if you believe that.
Tesla Motors may make good on chief Elon Musk's claim of selling a half-million vehicles a year by the end of the decade, Motley Fool says. Of course, the author of the Foolish report in question owns Tesla shares but, now that we've gotten that out of the way, let's check out the logic.
The Germans have an idea: when calculating fleetwide emissions rules at the end of the decade, don't count the 20 percent of our vehicles that are truly road-mauling gas guzzlers. That's more or less what the German government is asking for in its attempt to get the European Union to be a little more lenient about its strict emissions mandate for 2020, Bloomberg News reports.
Volvo has publicly stated that it would like to eradicate accident-related injuries and deaths per year by the year 2020; an extraordinarily lofty goal that would obviously save countless lives. But in the next ten years, hundreds of thousands of drivers will die in traffic accidents in the U.S. alone, and Volvo feels that anti-distracted driving legislation passing through Washington right now could save quite a few.
Renault-Nissan's CEO Carlos Ghosn is a firm believer in the future of electric cars. According to an interview for le Journal du Dimanche, Ghosn says he expects the world's EV market will rise to six million vehicles per year, which is 10 percent of global sales. Ghosn also explained that Renault-Nissan is the manufacturer that invests the most in green technologies and is currently investing €4 billion in EV development and research. This will lead the company, in his words, to become the
The United Kingdom's PM Gordon Brown is meeting car manufacturers to try to persuade them to mass-produce electric cars. The carrot he's offering is selling them with payment plans that emulate cell phone contracts, à la "Better Place." This scheme, already been taken up by Israel and Denmark (and even Portugal), sells heavily subsidised vehicles – or even gives them away – in return for contracts to buy the electricity to charge them, like cell phones. The contract would allo
The EU might forbid imports of certain crops to produce biodiesel, namely palm oil and other imports from Latin America (soy). Lots of reports that have calculated how unsustainable most of these products are: because they destroy natural environments to create croplands, use fossil fuels in the machinery, or need to use fertilizers made from natural gas.
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