California's Clean Vehicle Rebate Project (CVRP) received another boost in funds just days ago when the California Air Resource Board (CARB) backed the program with an additional $5 million earmarked for the 2010-11 fiscal year. Combined with the $4.1 million announced earlier this year, the CVRP now has $9.1 million at its disposal, though some of the funds have already been claimed by buyers snatching up qualifying vehicles.
When the Canadian province of Ontario first announced its lucrative rebate program for electric vehicles (EV), we'd venture to guess that residents interested in purchasing an EV were overjoyed. At $5,000 to $8,500, Ontario's rebate program offers one of the grandest monetary incentives for EVs around. But as the program rolls out and the details trickle in, Ontario's plan now looks a lot less grand.
With numerous countries aggressively seeking ways to promote electric vehicles (EVs), incentives have popped up almost everywhere. From the $7,500 offered in the U.S. to $8,500 in Ontario, Canada, these incentives will help reduce the cost of EVs and hopefully speed up their initial adoption. While incentives are great, they will eventually disappear, leaving EVs to either succeed or fail on their own merits. When incentives drift away in a few years, will the EV market be able to survive on its
Ontario has decided to reward early adopters of plug-in hybrids and electric vehicles (EVs) by launching one of the most lucrative rebate programs found anywhere. Beginning July 1st, Ontario will offer rebates ranging from $5,000 to $8,500 to individuals, businesses and organizations that purchase or lease a new plug-in vehicle. The rebates will only be offered to the first 10,000 qualified applicants, but due to the lack of availability of qualified vehicles, hitting the quota might take a whil
It looks like Germany won't be jumping into the race to see who can provide the biggest subsidies for purchases of plug-in vehicles. At the launch of the National Program for Electric Mobility in Berlin on Monday, German officials said that federal funding would instead go toward research programs to advance the technology. The program has already given €500 million to more than 150 projects.
Several countries have already announced major plans to put electric vehicles on the road soon. Most of the deals we've heard about start with the government agreeing to buy (X) amount of electric vehicles (EVs) as a sign of support and belief in the battery-powered technology. Then some incentives are rolled out to sweeten the deal for potential buyers, followed by talk of an infrastructure to support the charging needs of the EV. Well, France is certainly following the plan, but has taken it t
Admittedly, it's not quite as good as finding a pot of gold at the end of the rainbow but residents of Ireland can rejoice with the notion of receiving nearly $7,000 back on the purchase of electric vehicles (EVs). The Irish government and the Electrical Supply Board (ESB) recently agreed on this incentive plan to help offset the purchase price of electric vehicles and send the country on its way to reaching a proclaimed goal of EVs penetrating ten percent of the market by 2020.
The French minister for Environmental Alffairs, Jean-Louis Borloo, has found some stone tablets issued a set of 14 "commandments" for the successful introduction of electric vehicles in France. Borloo didn't hide the fact that he aims to make the French auto industry the leader in EV technologies, and this is how the French Goverment is going to help: