Thursday, October 8, 2009

"France Backs Battery-Charging Network for Cars" (WSJ)

"The French government Thursday said it plans to spend €1.5 billion (about $2.2 billion) on creating a battery-charging network for electric vehicles as part of a broader state plan to encourage the development of clean vehicle technology and battery manufacturing.

It also said it would seek financing of €900 million for its €1.5 billion plan from a state loan that's planned to be launched next year.

The government will make the installation of charging sockets obligatory in office parking lots by 2015, and new apartment blocks with parking lots will have to include charging stations starting in 2012..."

No comments: