Two sides, two seemingly valid arguments. And in the middle, five $1.1 million cars.
Through the province’s Electric Vehicle Incentive Program, Ontario taxpayers helped lower the price of five Porsche 918 Spyders last year, according to Canada’s national broadcaster, leaving many wondering why their cash helped fund supercars for the ultra wealthy.
The program shaved just over $5,500 off the price of each $1.1 million hybrid Porsche — a limited edition model possessing 887 horsepower, with a top speed of 210 miles per hour.
One of those vehicles has since burned to the ground in a Toronto-area gas pump fire, which, for some, serves as a perfect metaphor for taxpayer-funded EV incentives. (Read More…)
A day after its head office was raided by Japanese Transport Ministry officials, the U.S. is going to put Mitsubishi’s mileage claims under scrutiny.
The scandal began when Mitsubishi admitted it overstated fuel economy numbers on its Japanese market eK mini wagons, but Reuters is now claiming the false data extends to U.S. market vehicles. (Read More…)
Listen, we don’t want any trouble.
St. Paddy’s Day is a time for all of us — black and white, Irish and American, Catholic and Protestant and all those other religions — to come together and figure out how much green food coloring can be consumed before it has a laxative effect.
But, as we think of the Emerald Isle today, our minds can’t help but be reminded of a famous and totally ballin’ export from the troubled north — the DeLorean DMC-12. (Read More…)
Japan’s ambition to have 100 hydrogen fueling stations by next March may fall short of reality now that the deadline to apply for subsidies has passed.
Not too long ago, Tesla set up shop in Norway, looking to gain some market share in the frosty nation of 5 million.
Little did anyone know just how big the share would grow.
After 3.1 million miles of pilot testing, Dongfeng Nissan last week launched its version of the Leaf for the Chinese EV market, the Venucia e30.
The 2015 Toyota Mirai may be breaking new ground in the fuel-cell vehicle game beyond merely existing, as subsidies galore are being thrown at potential consumers on all sides, including the possibility of owning the FCV for free.
With Toyota ready to make big moves with its 2015 FCV, the Japanese government is ready with their own big move: $20,000 USD in incentives.
The oft-rumored Mazda2 RE PHEV, powered by a range-extending rotary engine, may soon become reality, appearing sometime after the next-gen hatch debuts in showrooms between October and the new year.
In today’s hydrogen digest: Toyota asks the National Highway Traffic Safety Administration for a two-year exemption on its FCV; the automaker banks on subsidies to help the FCV leave the showrooms at home and abroad; and ammonia may be the secret to hydrogen’s success as a fuel.
The Russian government said that it will spend up to 271 billion rubles ($8US billion) over the next three years to subsidize the country’s struggling auto industry. A government web site said that the subsidies will underwrite research & development, jobs and costs related to more stringent emissions standards. Car sales in Russia in 2013 fell by 6% to 2.78 million units and 2014 looks like another weak year as the Russian economy stutters, according to the Association of European Businesses. (Read More…)