#grants

On Tuesday, The Department of Transportation announced that it was prepping $1.66 billion in grants so that cities can purchase zero-emission buses. Headed by the Federal Transit Administration, the program is aimed at getting 1,800 new vehicles into metropolitan areas – which the White House claimed would effectively double the number of electrified buses currently in operation. Though a portion of the funds will be earmarked for buying up public transportation reliant on hybrid-electric, natural gas, and diesel powertrains.

(Update: The initial story detailing new Canadian auto incentives was published on January 12. It has been updated to reflect new information.)

Canada’s new government-funded incentive program for automakers isn’t as generous as initially reported.

Last week, the federal government made changes to the Automotive Innovation Fund to allow car manufacturers, parts suppliers and R&D companies access to conditional grants that do not require repayment. Unfortunately, a communications slip-up at the country’s Ministry of Innovation, Science and Economic Development made the pile of cash a whole lot taller than intended.

Toyota’s big move from California to Texas may also bring a big return for Plano, Texas over the next decade, to the tune of $7.2 billion of economic activity.