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by Greg Cruey on February 10, 2009
Justin Moresco had an interesting piece yesterday morning about Ireland's efforts to attract foreign investment by becoming a model for the switch to electric cars and electric car parts. The government of Prime Minister Brian Cowen originally proposed the plan back in November.
Photo courtesy of iStockphoto, Image# 6845405
As part of the Electric Vehicle plan, 10 percent of all vehicles in Ireland-or about 250,000 cars and trucks-are to be powered by electricity by 2020. It is unclear if vehicles will have to be powered exclusively by batteries to qualify under the plan. Plug-in hybrid vehicles, for example, now under development by major automakers typically have on-board gasoline engines that provide power during extended rides.Businesses would get a major tax incentive for purchasing an electric vehicle; they'd be able to write off 100% of the purchase cost.
Photo courtesy of iStockphoto, Image# 6845405
Permalink: Ireland Hopes to Become Electric Car Hub
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