It seems most of Europe and Japan is hard at work bringing the reality of electric vehicles, EV a step closer.
Technology is advancing at a frenetic pace. Cities where the price of gas has become a serious hindrance are more and more motivated for solutions. Still, what drives innovation and mass adoption? Money and incentives!
The gist, case in point, Gordon Brown, the prime minister of Britain pledged 90 million pounds (~$173 million) to help make Britain “the European capital for electric cars.” Of course, this has pricked a lot of interest amongst big manufacturers, such as GM. The money will be available over 5 years to help support electric and hybrid car research and projects.
With GM’s Flexstream concept hybrid car, this could spell good news for the embattered company. It will also be interesting to see how GM and the Renault-Nissan alliance work out their future vision of Eco-friendly cars. On the one hand, GM doesn’t believe in pure EV, and the Renault-Nissan consortium has already made great headway with their EV version. Nonetheless, it is welcome news and proof that a little, or in this case, a lot of incentives in the direction of EV can go a long way in stimulating the adoption.