Washington, DC – Today, Secretary Steven Chu announced that the Department of Energy has closed on its loan offer of $5.9 billion to Ford Motor Company to transform factories across Illinois, Kentucky, Michigan, Missouri, and Ohio to produce more fuel efficient models. The loan is part of the Department’s Advanced Technology Vehicles Manufacturing program, which supports the development of innovative, advanced...
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Scott M Stolz on Aug 9th, 2009 in
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This entry is part 10 of 10 in the series Hybrid Vehicles. From being cost effective to environmentally friendly, there are unlimited reasons that are mounting up for the increased popularity of hybrid vehicles. Though these vehicles were not valued in the past due to some lacking features and benefits, they are now emerging as better alternatives to the traditional vehicles. In case you are still not sure and...
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Scott M Stolz on Aug 9th, 2009 in
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This entry is part 9 of 10 in the series Hybrid Vehicles. Recent environmental changes have created great awareness regarding nature and man’s effect on it. With regards to to their humongous popularity as environment saving cars, the sales of hybrid vehicles was bound to increase. As their hybrid nature and changed dynamics of these cars makes them different from the traditional gasoline and diesel propelled...
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Scott M Stolz on Aug 9th, 2009 in
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This entry is part 8 of 10 in the series Hybrid Vehicles. Hybrid vehicles, touted as the means to a greener tomorrow, are increasingly becoming more and more popular among a majority of people who want to cut down on their gasoline bills and wish to be environment friendly at the same time. Hybrid vehicles, unlike traditional automobiles do not rely only on gasoline or diesel fuels to run their engines; they...
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Scott M Stolz on Aug 9th, 2009 in
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This entry is part 7 of 10 in the series Hybrid Vehicles. If you have witnessed the popularity of hybrid vehicles over last few years, you may be wondering, what are the reasons that add to the popularity of these vehicles? The huge recognition of hybrid vehicles can be attributed to the amazing cost-effective and eco friendly benefits that it provides. Seen not just in the United States, but all over the...