Gas 2.0

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• Don’t Have $109,000 for a Tesla Roadster? Bank of America to the Rescue
• New Rage in Tabontabon: Bamboo Taxis
• Reva to Build World’s Largest Electric Car Factory in India

Don’t Have $109,000 for a Tesla Roadster? Bank of America to the Rescue Posted: 15 Jul 2009 10:03 AM PDT In what is sure to go down as a deft marketing move to garner some publicity (and virtually nothing more), Bank of America and Tesla have teamed up and announced that the megabank will start financing purchases of the Tesla Roadster to make them “much more affordable.” I call BS. Read more of this story »

New Rage in Tabontabon: Bamboo Taxis Posted: 15 Jul 2009 08:01 AM PDT For many years, environmentalists have encouraged people to tread more lightly on the planet through buying local. The most common way to buy local is through fresh food purchased at a local farmer’s market, and to get there you should bike or walk since everyone knows that you can’t produce a sustainable car with local material. Right? Wrong. You’ve heard of bamboo bikes, well now there are bamboo taxis. These taxis were commissioned by the mayor of Tabontabon (in the Philippines) Rustico Balderian. The bamboo taxis are made out of 90 percent bamboo and run on coconut biodiesel. The palm trees and wild bamboo stalks are native to the area. Read more of this story »

Reva to Build World’s Largest Electric Car Factory in India Posted: 15 Jul 2009 05:56 AM PDT The Reva Electric Car Company has announced plans to build the world’s largest factory for cheap all-electric cars, capable of a massive annual output of 30,000 units. The Bangalore, India-based company hopes that after the Rs300m ($6.1m) facility begins production in the first quarter of next year, it will help to introduce green energy to the subcontinent’s rapidly growing automotive industry. The Reva, a small hatchback powered by eight six-volt batteries, retails for a mega-competitive Rs350,000 in India and £7,500 ($12,200) in the UK, (where it is marketed under the G-Wiz brand), far less than most rival companies. Speaking about the plan, Chetan Maini, Reva’s deputy chairman and chief technology officer said, “We are promoting a technology that holds the key to the global energy crisis.” Read more of this story »

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