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Dec 11, 2009

ELECTRIC TRUCKS * UK: Offers 100% capital allowance for electric vans

London,UK -Fleet Owner, by Brian Straight -Dec 11, 2009: -- The UK government has provided a holiday gift to commercial fleet owners in the form of an electric vehicle tax break... According to the web site electric.co.uk, the government will exempt electric vehicles (EVs) from a company car tax. The break, which includes electric vans, will remain in effect for five years, the site said... Another major incentive for fleet owners is a plan to allow a company to write off the purchase price of the vehicle against a corporate tax for the year... The report said this move shows the UK government’s leadership in the push for electric vehicles and that other countries across Europe may soon follow suit...


* UK - Axeon partners with US truck maker

Dundee,UK -HGV UK/trans.eu -December 9, 2009: -- Britain’s leading lithium ion battery designer and producer Axeon, is a major beneficiary of the breakthrough order for Modec electric vehicles from its Joint Venture with Navistar, a leading American truck maker... Four hundred Modec vehicles powered by Axeon batteries will initially be sold by Navistar though its extensive distribution network across North and South America. The tie up follows the US government’s $2.4 billion investment in the sector... The Joint Venture is a world first and symbolizes evolution in the automotive industry toward a zero emission future...

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