It seems that the rush to avail the Cash for Clunkers program is slowing down despite the additional funding provided by the U.S. government. Compared to the consumer response during its inauguration last July 27, it seems that the sense of urgency by the people to avail of the program has sorely diminished.

Apparently this is because of the additional funding. With the new influx of funds for the program, there is no rush needed to avail of the said deal. People are taking their sweet time or may have decided to forego the said car rebate program due to financial weights. So does this mean that the motorists have set aside the Cash for Clunkers program opportunity?

For now, it seems that people feel no rush to avail of the program. The scenario is the same for a new gadget released in the market. Rushing to get one is the only thing in any consumer’s mind. Now however, with an abundance of resources in the form of funding, people don’t have to worry about running out of funding. There is plenty to spare so why bother to be affected by it?

(Source) Press

Tags: abundance, car rebate, consumers, gadget, Inauguration, influx, motorists, program opportunity, rebate program, rush, sense of urgency, sweet time, weights

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The need is there and the forecasts are being made. As far as the needs of electric cars, charging stations are bound to be the next demand in the motoring industry, something that has already started but is way off from covering the needs of the projected number of electric cars expected to be out in the market.

As far as the Pike Research is concerned, there will be over 5 million charging stations up, obviously foreseeing the major influx of electric cars running around in the streets by then.

“While electric vehicles will be primarily charged at home, a strong funding push by governments will mean that more than half of all charge points will be public charging stations by 2015,” says industry analyst John Gartner. “Retailers will also install public access stations primarily as a marketing tool, and many companies will also offer workplace charging stations for their employees.”

Indeed, people can satisfy themselves for now with a one-time charge. But the next question is up to where can they go? Most electric cars today have a specified mileage depending on the charging capacity and unlike fueled cars, charging stations just in case of extended road trips is obviously lacking. Then again, who knows if they will be that plenty come 2015? We can only wait and see.

(Source) Press

Tags: 5 million, electric cars, electric vehicle, electric vehicles, fueled cars, gartner, governments, industry analyst, influx, marketing tool, mileage, public access, road trips, time charge

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In something which may be traced to the expected influx of electric cars, the industry that is quiet but is expected to boom is the car battery business. With fueled cars being seen to become a thing of the past, hybrid and plug-in vehicles are expected to be the next generation modes of transportation which naturally rely heavily on car batteries. And from the countries touted to take advantage of this development, Germany is being wooed as the country heading the car battery industry.

Germany is positioned to be a global leader in this market segment. Business opportunities in Germany resulting from this trend will be presented at the Advanced Automotive Battery & EC Capacitor Conference in Long Beach, California from June 8-12.

Within the framework of the German economic stimulus program, over USD 700 million have been allocated for research funding in the area of electric mobility. Interest-reduced loans and grants can be received for developing new battery technology, as well as other hybrid drives and fuel cell technologies.

(Source) Press

Tags: automotive battery, battery business, battery industry, battery technology, business opportunities, capacitor, car batteries, car battery, economic stimulus, electric cars, electric mobility, fuel cell technologies, global leader, influx, long beach california, market segment, next generation

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