Russia’s richest and most well-known oligarch has embarked on a new business venture: seeking to build and market the world’s most affordable hybrid vehicles. Mikhail Prokhorov’s ONEXIM [...] [...]
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The most important vehicle in America? Change this, change America The Chevy Volt and plug-in vehicles have captured a good chunk of automotive press this week, but is the Volt really just a distraction from reality? Seriously, what is the point of the Volt and plug-in vehicles? Ending oil dependence? Reducing CO2 emissions? Advancing battery technologies? All of [...] [...] Prius is already at 50 mpg. 15 years to achieve 60? What does revolutionary mean? “For all of the rules Congress creates for the auto industry, none have proven less effective at achieving a desired result than mandating higher fuel rules for cars and trucks,” stated an editorial in the DetroitNews on Monday regarding a recent proposal [...] [...] Ready for hybridization. Hyundai’s first hybrid almost here When the Hyundai Sonata hybrid goes on sale later this year, it will qualify for a $1300 tax credit according to Kicking Tires. No word yet on Sonata hybrid pricing. [...] $10,000 off thanks to the feds? More money for EVs could be coming While GM lobbies Congress to uncap the 200,000 vehicle cap per manufacturer on plug-in tax credits, Michigan’s Sen. Debbie Stabenow, D-Lansing, is pushing to increase the $7500 plug-in tax credit to $10,000 while funding 10-15 EV deployment cities. According to GM’s Vice Chairman Tom Stephens, [...] [...] |
 
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