The Truth About Cars » government subsidies http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Fri, 12 Sep 2014 10:00:45 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars » government subsidies http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Japanese Officials Pushing Hard With Subsidies For New Hydrogen Mirai http://www.thetruthaboutcars.com/2014/08/japanese-officials-pushing-hard-subsidies-new-hydrogen-mirai/ http://www.thetruthaboutcars.com/2014/08/japanese-officials-pushing-hard-subsidies-new-hydrogen-mirai/#comments Thu, 07 Aug 2014 11:00:03 +0000 http://www.thetruthaboutcars.com/?p=883545 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. Automotive News reports the ¥7 million ($68,556 USD) Mirai — whose name translates to “future” — will […]

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2015 Toyota Mirai

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.

Automotive News reports the ¥7 million ($68,556 USD) Mirai — whose name translates to “future” — will receive a ¥2 million (~$20,000) subsidy from the Japanese government when the first models go on sale next year, with residents of Aichi prefecture — the home of Toyota — taking an extra ¥1 million (~$10,000) from the local government.

However, paying only as much as ¥4 million ($39,175) for the honor of being one of the new pioneers of the silver hydrogen future might not be enough to bring the Mirai out of the showroom, as fueling infrastructure is nearly non-existent. The Japanese government aims to bring 100 stations online by March 2015 at the earliest, for what it’s worth.

So, where does the “free car” offer come in? Japanese business daily Nihon Keizai reported on a few suggestions made by a government panel on how to spur FCV adoption rates, including offering free FCVs, free hydrogen refueling and toll exemptions. The daily explained that the government’s hydrogen vision “must contain more radical ideas” in order to generate excitement from the public and “catalyze a revolutionary socioeconomic change.” A hell of a way to push the Mirai for Summerslam, one would suppose.

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Japanese Government To Push FCVs Via $20k Subsidy http://www.thetruthaboutcars.com/2014/07/japanese-government-to-push-fcvs-via-20k-subsidy/ http://www.thetruthaboutcars.com/2014/07/japanese-government-to-push-fcvs-via-20k-subsidy/#comments Thu, 24 Jul 2014 12:00:56 +0000 http://www.thetruthaboutcars.com/?p=872802 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. Autoblog Green reports the government will offer buyers of the hydrogen-powered sedan $20,000 in subsidies, which may bring down the reported $69,000 MSRP down to $49,000; EV subsidies in Japan […]

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Toyota_FCV_featured

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.

Autoblog Green reports the government will offer buyers of the hydrogen-powered sedan $20,000 in subsidies, which may bring down the reported $69,000 MSRP down to $49,000; EV subsidies in Japan max out at $8,500 per vehicle for comparison.

Meanwhile, the FCV will likely sell for $50,000 in the United States when it leaves the container ships next summer, and will be joined by Honda’s own FCV — name to be determined later — sometime in 2015.

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Mazda2 RE May Appear Soon, But Only In Select Markets http://www.thetruthaboutcars.com/2014/07/mazda2-re-may-appear-soon-but-only-in-select-markets/ http://www.thetruthaboutcars.com/2014/07/mazda2-re-may-appear-soon-but-only-in-select-markets/#comments Fri, 11 Jul 2014 11:00:16 +0000 http://www.thetruthaboutcars.com/?p=863249 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. Motoring.com.au reports the PHEV won’t be making its global debut with the rest of the new Mazda2 family in August, nor will it likely appear […]

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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.

Motoring.com.au reports the PHEV won’t be making its global debut with the rest of the new Mazda2 family in August, nor will it likely appear in showrooms where government support is lacking, according to Mazda Australia Managing Director Martin Benders:

The only markets in which you can justify bringing something like that out, to get at least a reasonable amount of volume to justify setting it up as a saleable model, are ones where there’s government support for those types of models.

Benders adds that the current crop of Skyactiv engines do a better job of reducing CO2 emissions and boosting fuel economy than the more expensive PHEV technology, with subsidies and sales quotas hindering the case for hybrids in countries where the support isn’t there. However, Benders doesn’t believe government money should be used to promote the technology, preferring the market to decide what lives and what dies.

As for the new-gen Mazda2, which will take its cue from the Kodo design language found in vehicles like the Mazda3 and Mazda6, power will be supplied by a 1.5-liter naturally aspirated gasoline engine and a matching turbo diesel; the latter will likely not make it to the United States when the new compact arrives next year.

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Hydrogen Digest: July 1, 2014 http://www.thetruthaboutcars.com/2014/07/hydrogen-digest-july-1-2014/ http://www.thetruthaboutcars.com/2014/07/hydrogen-digest-july-1-2014/#comments Tue, 01 Jul 2014 12:00:20 +0000 http://www.thetruthaboutcars.com/?p=856681 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. Bloomberg reports Toyota is asking the NHTSA for […]

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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.

Bloomberg reports Toyota is asking the NHTSA for a two-year exemption from FMVSS No. 305, which requires automakers to isolate high-voltage parts in electric cars in the event of a crash. The FCV doesn’t meet this rule in full because said isolation would render the vehicle inoperable, opting instead to use insulation on high-voltage cables and related components to protect first responders and occupants from potential electrical shocks in the event of a low-speed accident. Toyota claims the protections will be at least equal to those in compliance with the agency’s rule.

Meanwhile, Automotive News says the automaker is banking on subsidies at home and in markets such as the United States and Europe to help the FCV leave the showroom toward the path of success. The ¥7 million ($69,000 USD) will need a sizable credit to match its Lexus-esque pricing when it goes on sale in Japan next April; the highest subsidy is ¥850,000 (approximately $8,400). As for the U.S., where fueling infrastructure is woefully inadequate, Toyota may instead opt to lease the FCV, details of the plan still in discussion.

Finally, Autoblog Green reports ammonia may be the way toward the hydrogen future. The Science and Technologies Facilities Council in Swindon, England have discovered a process which cracks ammonia into nitrogen and hydrogen using sodium amide as the catalyst. The lower-cost process could be conducted on-board an FCV via an ammonia decomposition reactor no bigger than a 2-liter bottle of Coke, providing enough power for “a mid-range family car” while easily handling NOx-free tailpipe emissions. The STFC is now in the process of building a low-energy demonstration system to prove ammonia’s viability as a source of hydrogen fuel.

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China To Scrap 5.33M Non-Compliant Vehicles In 2014 To Improve Air Quality http://www.thetruthaboutcars.com/2014/05/china-to-scrap-5-33m-non-compliant-vehicles-in-2014-to-improve-air-quality/ http://www.thetruthaboutcars.com/2014/05/china-to-scrap-5-33m-non-compliant-vehicles-in-2014-to-improve-air-quality/#comments Thu, 29 May 2014 10:00:53 +0000 http://www.thetruthaboutcars.com/?p=833953 In its ongoing effort to clear the air in its major cities, the Chinese government has plans to throw 5.33 million non-compliant vehicles into the crusher by the end of 2014. Reuters reports the vehicles targeted are those in possession of yellow label stickers. The marked vehicles are restricted in where they can travel due […]

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China Air Pollution

In its ongoing effort to clear the air in its major cities, the Chinese government has plans to throw 5.33 million non-compliant vehicles into the crusher by the end of 2014.

Reuters reports the vehicles targeted are those in possession of yellow label stickers. The marked vehicles are restricted in where they can travel due to their failure to meet current fuel standards. In Beijing, 330,000 such vehicles are still on the road, while the surrounding province of Hebei — which holds seven of China’s most smoggy cities — will have 660,000 yellow label vehicles to scrap.

Though previous compliance programs offered those who volunteered to scrap their cars between $400 and $2,300 in subsidies, none have covered yellow label vehicles as far as compensation is concerned, and no word has been given on how owners of said vehicles will be compensated, if at all. Officials also state enforcement of the rules is lacking at best, and owners have found ways to go around the restrictions.

The new policy also includes plans to close coal-fired heating systems, as well as installation of anti-pollution equipment at power plants, steel mills and cement factories.

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Russian Government to Spend $8 Billion Subsidizing Local Car Industry http://www.thetruthaboutcars.com/2014/01/russian-government-to-spend-8-billion-subsidizing-local-car-industry/ http://www.thetruthaboutcars.com/2014/01/russian-government-to-spend-8-billion-subsidizing-local-car-industry/#comments Wed, 22 Jan 2014 10:00:40 +0000 http://www.thetruthaboutcars.com/?p=704634 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 […]

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Click here to view the embedded video.

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.

A 2012 effort to prop up Russian automakers, a recycling fee for imported cars supposedly to pay for scrapping the cars at the end of their life cycles, raised issues with the World Trade Organization so that fee was expanded to include locally manufactured cars as well. The new indirect subsidies are less likely to run afoul of the WTO.

A government incentive program for car consumers was also tried last year but the program ended in December.

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China Renews Subsidies For EVs and PHEVs But Not Conventional Gas-Electric Hybrids http://www.thetruthaboutcars.com/2013/09/china-renews-subsidies-for-evs-and-phevs-but-not-conventional-gas-electric-hybrids/ http://www.thetruthaboutcars.com/2013/09/china-renews-subsidies-for-evs-and-phevs-but-not-conventional-gas-electric-hybrids/#comments Fri, 27 Sep 2013 13:26:31 +0000 http://www.thetruthaboutcars.com/?p=526073 China has renewed government subsidies for three more years for private buyers of electric vehicles and plugin hybrids, but contrary to some observers’ predictions, incentives for the purchasers of conventional gasoline-electric hybrids have not been renewed. Reuters reports that the national government in Beijing said that it would provide up to 60,000 yuan ($9,800) towards the […]

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China-EV-Sales

China has renewed government subsidies for three more years for private buyers of electric vehicles and plugin hybrids, but contrary to some observers’ predictions, incentives for the purchasers of conventional gasoline-electric hybrids have not been renewed. Reuters reports that the national government in Beijing said that it would provide up to 60,000 yuan ($9,800) towards the purchase of an all-electric vehicle and as much as 35,000 yuan for each “near all-electric” plug-in vehicle. The purpose is ostensibly to reduce air pollution but the policy is also expected to benefit Chinese car makers like BYD.

The revised subsidy program renews a three-year program that expired at the end of 2012. The key difference is the addition of hydrogen powered fuel cell vehicles, which will be eligible for up to a half million yuan government rebates, about $80,000. Rebates that large would likely go towards transit buses, not private automobiles.

Some analysts say that if China is to meet it’s stated national goal of having a half million hybrids and EVs on the road by 2015 and 5 million by 2020 it will probably have to announce a separate subsidy program for gas-electric hybrids. Only 27,800 alternative energy vehicles were registered in China by the end of last year, 4/5ths of which were buses, according to the state owned and managed Xinhua news agency.

A joint statement issued by China’s Ministry of Finance, Ministry of Science and Technology, the National Development and Reform Commission and the Ministry of Industry and Information Technology said that the incentives are aimed at “accelerating the development of new-energy vehicles, promoting energy saving and reducing air pollution.”

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Trade War Watch 8: China Probes US Bailout http://www.thetruthaboutcars.com/2009/11/trade-war-watch-8-china-probes-us-bailout/ http://www.thetruthaboutcars.com/2009/11/trade-war-watch-8-china-probes-us-bailout/#comments Tue, 17 Nov 2009 10:40:21 +0000 http://www.thetruthaboutcars.com/?p=335847 As U.S. President Barack Obama landed in Shanghai for a weeklong visit to his largest creditor, China, the news awaited him that China’s Ministry of Commerce will investigate the U.S. government’s financing and rescue plans for the American auto industry, Shanghai Daily reports. The move is part of China’s probe into possible dumping and subsidies […]

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Bail! Picture missinginaction.be

As U.S. President Barack Obama landed in Shanghai for a weeklong visit to his largest creditor, China, the news awaited him that China’s Ministry of Commerce will investigate the U.S. government’s financing and rescue plans for the American auto industry, Shanghai Daily reports.

The move is part of China’s probe into possible dumping and subsidies on U.S.-made vehicles imported to China, the ministry said. Trade officials will be looking for dumping practices and for unfair government subsidies.

Ministry spokesman Yao Jian said China’s probe will look into 24 items which include the U.S. government’s rescue and restructuring plans for the auto industry as well as government subsidies on new-energy vehicles and its “cash-for-clunkers” incentive program.

The concerned U.S. automakers have the right to defend themselves with evidence presented to Chinese investigators by registering within 20 days after China started the probe of U.S. auto imports on November 6, and corrective action must be taken within 60 days after a case is registered.

The investigation applies to sedans and off-road vehicles with engine displacements of 2.0 liters or more, and the whole process of the probe and ruling is expected to be completed within 12 months.

The probe is widely seen as a tit-for-tat measure after Obama imposed punitive tariffs on Chinese tires and steel pipes. These investigation have become a common occurrence: The U.S. has carried out 13 investigations against Chinese products this year for alleged dumping and illegal subsidies.

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