Germany Fast-Tracks Electric Cars. AP, August 19, 2009. "Germany became the latest country to fast track development of electric cars, the government approving a plan Wednesday that aims to put 1 million of them on the road by 2020. The goal is ambitious. Of the 41 million cars in the country, only 1,452 are electric, and Germany is entering an increasingly congested field. This month alone, Nissan Motor Co. in Japan unveiled the Leaf, an electric car scheduled to go into mass production for a global market in 2012. General Motors touted triple-digit mileage figures for its rechargeable Chevrolet Volt. And President Barack Obama committed $2.4 billion in federal grants to develop next-generation electric vehicles and batteries in the U.S. To help bring Germany up to speed, the government plans to spend some euro500 million ($705 million) on the plan over the next three years -- including euro115 million ($164 million) to establish eight test regions examining how the cars could best be introduced."
2009-08-20
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