To paraphrase Valero Energy Company CEO Bill Klesse: Enough already on federal ethanol blend mandates!
General Motors is proud of its battery lab in Warren, MI, where a lot of work was done to bring the lithium-ion Chevy Volt pack to life. The crazy (and crazy expensive) Voltec development rush from years past may be over, but the lab is still cranking out technology for GM's electrified vehicle programs. In fact, GM announced today a massive expansion as it gets ready for the Cadillac ELR, the next-gen Volt and other, unnamed vehicles (something along the lines of the cancelled Voltec CUV, perha
Back in 2007 Congress, created the Advanced Technology Vehicle Manufacturing federal loan program to allow the government to loan up to $25 billion to car manufacturers. The federal loans were created to help provide the money necessary to retool factories and build more fuel-efficient vehicles, but now some members of Congress are looking to end the program well short of the $25 billion mark.
Currently, buyers of eligible plug-in vehicles receive a $7,500 federal tax credit upon filing their income taxes. In some situations, that $7,500 arrives up to a year after one has plunked down cash to buy a battery-powered auto. However, U.S. Senator Debbie Stabenow (D-MI), looks to put an end to the delay with a reintroduced bill that, if passed, would provide a $7,500 point-of-purchase rebate to plug-in vehicles buyers.
In the spring of 2009, General Motors took a break from swimming in the political pool. Now that it's done toweling off the bankruptcy blues, The General is reportedly ready for another dip. According to The Wall Street Journal, the Detroit automaker has just lifted a self-imposed political spending ban by handing out $90,500 for select candidates running in the November elections.
Japan's Transport Minister Seiji Maehara saying words we put into his mouth
The U.S. Senate will probably put more money where its 100 mouths are on promoting electric vehicles sometime soon. According to Senator Debbie Stabenow (D-MI), the legislators are likely to reauthorize and expand the Advanced Vehicle Technology Act, which the House passed an expansion to last fall. The expansion will probably add about $200 million to the bill each year for the next five years, bringing the overall total to $2.85 billion.
Michigan's junior US Senator, Debbie Stabenow, wants to push for an expansion of tax credits on biodiesel fuels. Stabenow is a member of the Senate Finance committee that will be holding hearings on the subject in the next few weeks, at which time she will move for an increase in the incentives to both supply and use biodiesel. She spoke earlier this week at a biodiesel conference at the NextEnergy center in Detroit that was sponsored by DaimlerChrysler.
The US Army took delivery of the first Chevy Equinox fuel-cell vehicle yesterday during a Washington, D.C. ceremony that marked the kickoff of GM's new Project Driveway initiative. Maj. Gen. Roger A. Nadeau (above), commander of the US Army's Research, Development and Engineering Command, was on hand to accept the keys from GM's Larry Burns and Senators Carl Levin (D-MI) and Debbie Stabenow (D-MI).