Duke Energy is providing $1 million in funding for public EV charging infrastructure. The North Carolina-based company is offering up to $5,000 per charging port, 20,000 per site, or $50,000 per city for the installation of EV chargers. It is also providing $500,000 to cities for the installation of electric bus charging infrastructure. Duke Energy is offering the program as part of a settlement with the EPA over violations regarding illegal modifications to coal-fired power plants. Read more at Green Car Congress.
Malaysia is considering using B10 biodiesel. The Ministry of Plantation Industries and Commodities is meeting with automakers, many of which expressed concerns about the effects of biodiesel blends on engines. While the Malaysian Automotive Association said that anything above B7 could lead to sludge buildup in engines, Malaysian Palm Oil Board claims studies show that blending 10 percent palm methyl ester in petroleum diesel fuel was safe for all vehicles. Switching to B10 from B7 could also help raise crude palm oil prices by reducing Malaysia's stockpile. Read more at The Sun Daily.
Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
PHOENIX, July 18, 2016 /PRNewswire/ -- Elio Motors (OTCQX: ELIO), based in Phoenix, the start-up vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 mpg and with a targeted base price of $6,800,today announced that Paul Elio, founder and CEO, is now available for on-demand viewing at VirtualInvestorConferences.com.
Elio Motors presentation will be available 24/7 for 90 days. Investors and advisors may download shareholder materials from the "virtual trade booth" for the next three weeks.
Learn more about the event at www.VirtualInvestorConferences.com.