Wednesday, June 24, 2009

Green Car Loan from Washington


Washington is expected to give a $25 billion loan to the car producing companies Ford, Tesla, Nissan to maintain electric car producing program to develop more fuel-efficient vehicles.

Nissan expects to sell electric cars in the US and Japanese market since April 2010, and by 2012 to launch the production for sales worldwide. Japanese Nissan will get almost two billion dollars of government cash to build electric cars in the US and construct an advanced battery manufacturing plant.

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