Over the last few years, raising gas taxes has been a trendy answer to improving transportation infrastructure across the United States. When raising funds for improving transit, it has often been suggested that states raise the tax on gasoline and diesel fuel. This year, there are at least 9 states, according to taxjusticeblog.org, that are […]
Browsing the "funding" Tag
Amtrak’s high speed Chicago to St. Louis line is getting $102 million in renovations, thanks to Illinois Governor Pat Quinn’s decision earlier this week.
French billionaire Vincent Bollore will be backing an all-electric car sharing network in London that he hopes to have fully operational by the start of 2015.
The move “clears the way” for Elio Motors to focus on raising the $200 million needed to fill that factory with 1500 permanent manufacturing jobs required to push out the 250,000 trikes Elio believes he can sell per year.
Everyone worth their oxygen has a cause these days. Whether that cause is free expression, clean energy, organic foods, or campaigning against gun violence, Buycott helps you put your money to work to make your voice heard!
People have been building EVs out of their homes and small shops for decades now, but the recent surge in interest has led to DIYers trying to take their hobby full-time. Gary Krysztopik has been driving around his home-built “battery box on wheels” for more than three years, and he has now turned to the Internet to help him make DIY kits for interested parties to purchase.
Things have been super crazy these past few days. I only recently found out that there was a class in the FIM/AMA record books just waiting for me and my electric motorcycle to break. I was going to wait until next year to go for the record when I found out about it. However, after sitting and thinking about it for a little while, the excitement just started to bubble up in me like fizz in can of soda punted across a school parking lot. I had to chase that record…but I need your help.
Think electric cars are not a financially viable business option? Think again. While much focus has been on the Nissan LEAF and Chevy Volt, Palo Alto-based Project Better Place has been expanding its infrastructure network and gathering up immense sources of money. Better Place has just closed another round of funding, bringing in about $200 […]
It looks like the dream is over for EV-community darlings Aptera. The would-be builders of the aviation-inspired 2e electric 3-wheeler announced late Friday that the company would be returning all the deposits it took for its planned 2e electric and 2h hybrid vehicles. In a letter sent out Friday afternoon at 5:25 PM Pacific time […]
US Dept. of Transportation (DOT) Secretary Ray LaHood recently announced plans to give more than 100 million USD to various transit authorities in order to promote the use of clean and renewable fuels in public transit … and he’s going to distribute it “gladiator style”. No, no – he’s not going to make state transit […]
The gas tax is broken. There, I said it. And since raising the gas tax is political seppuku, lawmakers are looking at other ways to raise the necessary funds to repair our nation’s infrastructure. Pay-per-mile tolls, here we come! It is going to take a whole lot of money to repair America’s crumbling roads, and […]
Republicans nationwide have pledged to cut back on government spending. In the cases of Ohio and Wisconsin, that meant killing mostly Federal funded high speed rail projects. Now Florida joins them in un-funding the future.
[social_buttons] Many manufacturers of high-mpg and electric vehicles have adopted a 3-wheeled layout for cost and weight savings, and—in some cases—aerodynamic efficiency. In most states, however, these vehicles are classified as motorcycles. That motorcycle moniker has made them ineligible for DOE funds set aside to foster innovation among American automakers… until now! More details, after […]
[social_buttons] In an unexpected U-turn, the U.S. Senate has agreed to continue to back research for the next generation of hydrogen cars – funding that the Obama administration had earlier proposed to cut. The move came last Thursday as Senate members voted to commit $187 million to hydrogen research, almost as much as was promised […]
[social_buttons] Santa Monica, California-based EV start-up Coda Automotive has raised a cool $24 Million to support the development and 2010 California market entry of its all-electric sedan and funding of its battery manufacturing joint venture. The funds came after a successful bid under the Series B Investment Round, backed by a team including former U.S. […]
The United States Department of Energy (DOE) announced yesterday that over the next three years it is ploughing $11 million into research projects to develop advanced batteries for electric cars. The projects are also in line to benefit from a whopping $19 million in further support from the private sector. A total of seven cutting-edge […]
[social_buttons] China has announced plans to take on the US head-to-head in the race to develop low emission vehicles, with a massive $2.2 billion investment in electric cars over the next three years. The news comes hot on the heels of President Obama’s announcement of a whopping $2.4 billion investment in electric vehicles in the […]