Posts Tagged ‘electric cars’
Trouble for another “green” investment?
Ener1, a company based in New York, makes lithium ion batteries for electric cars. But, it has run into financial trouble. On Friday, it was delisted from trading on the Nasdaq. Unfortunately, Ener1 was the recipient of over $100 million in grants from President Obama’s Stimulus Act.
Read MoreEPA and DOT abandon “letter grades” for cars
Last August, with much fanfare, the Environmental Protection Agency and the Department of Transportation decided it would be a swell idea to give all new vehicles a letter grade. We explained the concept here.
Read MoreThe cost of “going green”
Three newspaper articles caught my eye today, on the energy front, that is. The first, entitled Welfare Wagons, begins as follows: Congratulations. You’re about to buy a fancy new Nissan Leaf or Chevy Volt . . . for someone else. It seems that the cost of producing an electric car is considerably higher than what…
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